17 December 2011
If rent for the month of June is paid on 10th July, what is the due date for payment of TDS. Is it necessary to pay the TDS on rent for June before 7th July even if the rent is paid on 10th July.
17 December 2011
liability of TDS deduction arise-
1. when amount credit in to a/c of payee.
2. when amount actually paid.
whichever is earlier.
in above case amount paid in 10th of jul so tds deduction liability arise on 10th jul and Tds deducted shall be deposit in the a/c of central govt till 7th of aug
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