06 April 2010
Kinldy guide us whether the date of payment of tds has been changed from 01/04/2010 or not if yes then what is Scheduled for the f.y 2010-11.
06 April 2010
Due date for payment of TDS is not changed.
However, there is a change in the disallowance of expenditure on account of non-compliance with TDS provisions u/s.40(a)(ia) : That no disallowance of expenditure like interest, commission, brokerage, prof.fee etc, will be made if tax on such expenditure is deducted at source during the previous year and the same has been paid on or before the due date of filing of return of income.
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