19 June 2008
i have a query regarding issue date of tds certificate to salary/ non salary party. acc to law the date of issue for salary is 30-04-2008 and for non sa;ary 07-06-2008 but my query is that if last quarter tds is deposited on 14 june then how can we give the 7th date as issue date for certificate also if in case of salary 30april is last date but if tds is deposited after it what date sholud be for certificate
20 June 2008
Dear Kedia, you can not deposit the tds for salary after 30th april . because the last date (31st may) is only for the purpose of accrued expenditure. in case of salary you have to deposit the tds withing 7 days from payment of salary. so in case of tds certificate for salary u have to issue the tds certificate by 30th april . although in case of non salary u can enjoy the previlage upto 14th june.
CAclubindia
