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Mode of tds payment

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 January 2012 I HAVE A BILL OF APRIL 11, MAY 11 & JUNE 11. i ENTERED BILL ALL IN RESPECTED MONTHS. AND ALSO DEDUCTED TDS @ 2% PER MONTH. BUT THE ALL BILLS PAYMENT AT JULY 11. CAN I PAID TOTAL TDS AMOUNT IN JULY 11 OR PAID MONTHLY?
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Ravikant

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Ravikant (Expert)
11 January 2012 You should have paid monthly, as TDS liability starts on the date of credit or payment whichever is earlier

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