TDS March.11

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Querist : Anonymous

Querist : Anonymous (Querist)

16 March 2011 Please let me know due date for March.2011 TDS deduction payment

CMA. Subhash Kumar Jha

CMA. Subhash Kumar Jha (Expert)
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16 March 2011 for tds deducted during 01 March to 30 March for all sections other than 192 > 7th April

for tds deducted during 01 March to 31 March for sections 192 > 7th April

for tds deducted on 31 March for all sections other than 192 > 30th April

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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16 March 2011 The tax deducted has to be deposited in the designated banks within specified time. (Govt. deductors shall transfer the tax deducted through book entry in Government account).This is detailed below:

â–¬ By or on behalf of the Government : on the same day,

â–¬ By or on behalf of any other person : On or before the 7th of the following month.

However, for the month of march the tax should be remitted by 30th April.

(Prior to FY 10-11, if the amount is credited in the books on 31st March then the tax had to be remitted by 31st May and if TDS deducted on payment on 31st March due date remained 7th April)

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CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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16 March 2011 For Details see below links--

http://taxguru.in/income-tax/year-tds-compliance-points-mind.html

https://www.caclubindia.com/articles/all-you-want-to-know-about-tds-7882.asp

Querist : Anonymous

Querist : Anonymous (Querist)

16 March 2011 Thanks.........