Tds

This query is : Open

Pravesh Jain (Querist)
Follow

12 May 2014 For example : I deducted made payment of interest on 12-03-2014 and deposited TDS for that amt on 12-03-2014 but in books i am showing as i have made payment of interest on 31-03-2014

which date should i use for filing TDS return 31-03-2014 or 12-03-2014

PRATIK AGRAWAL

PRATIK AGRAWAL (Expert)
Follow

14 May 2014 First thing would how can you account for a transaction on 12th March on 31st March, i believe that can not be done.

Even if you have paid the amount as Advance then you have to show the date of Payment in the TDS Return.

Pravesh Jain

Pravesh Jain (Querist)
Follow

01 June 2014 but if i file with 12th as payment of salary date it will unmatch with books

and if i keep 31st as the payment date it will be like i have deducted tds before making payment of salary because my challan date is on 12th

Upgrade to CAclubindia Pro. Subscribe Now!

PRATIK AGRAWAL

PRATIK AGRAWAL (Expert)
Follow

11 June 2014 So what you have made a advance payment of TDS. That's i believe is fine.

Pravesh Jain

Pravesh Jain (Querist)
Follow

11 July 2014 Are you Sure that there will be no problem if we make advance payment of TDS