TDS

This query is : Resolved

Praveen Kumar (Querist)
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30 April 2009 Hi,

I want to know the last date for the submission of TDS. And the interest or penalty on failure to deposit it and filing return for the same. Plz help out.

Thanks

CA Tilak Raj Sharma

CA Tilak Raj Sharma (Expert)
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01 May 2009 TDS return is submitted on quarterly basis and last dates are as below for each qtrs:

1. 15 July
2. 15 October
3. 15 Jan
4. 15 June

CA Tilak Raj Sharma

CA Tilak Raj Sharma (Expert)
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01 May 2009 TDS Payment:
On Salary - with 7 days following the end of the month in which deduction was made.

Other than salary - with in 2 months from the end of month in which credit is made.

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CA Tilak Raj Sharma

CA Tilak Raj Sharma (Expert)
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01 May 2009 Late deposit Interest - 1% p.m.