Tds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 December 2011
Sir/ Madam,
What is the last date of TDS (contractor) payment. In case of Salary it is within 7 days from the salary paid but I am not sure whether it is applicable for TDS contractor or not. Suppose, if I have deducted TDS from a contractor on say 5th day of the month then when I have to deposit the TDS, it is on 7th of the following month or with in seven days from the deduction.
Kindly advise.
Regards
Kamal J Kakoty
What is the last date of TDS (contractor) payment. In case of Salary it is within 7 days from the salary paid but I am not sure whether it is applicable for TDS contractor or not. Suppose, if I have deducted TDS from a contractor on say 5th day of the month then when I have to deposit the TDS, it is on 7th of the following month or with in seven days from the deduction.
Kindly advise.
Regards
Kamal J Kakoty
29 December 2011
Whatever may be the TDS, it should be deposited latest by 7th of the following month. If you have time, you can deposit any time on or before 7th of next month.
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 December 2011
I am still not clear. Suppose I have deducted TDS on contractor on 10th December, now my question is whether it should be deposited on 16th December or can we deposit on or before 7th of January??
means TDS on contractor not salary should be deposited with in 7 days from the date of deduction or on or before 7th of the next month.
Kindly advise.
Kamal J Kakoty
means TDS on contractor not salary should be deposited with in 7 days from the date of deduction or on or before 7th of the next month.
Kindly advise.
Kamal J Kakoty
31 December 2011
You can deposit latest by 7th January 2012..
If you want further details pl refer following link...
https://taxclubindia.com/simple/tds%20rules%202010-11.pdf
If you want further details pl refer following link...
https://taxclubindia.com/simple/tds%20rules%202010-11.pdf
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- GSTR-9C filing
- Working on Gold wastage during Melting of old gold jewellery
- Import Order Cancelled.
- TDS on Dashcam rent and allied services
- Advances to related party
- Form 144 TDS Return Validation Error – Mandatory Fields
- Section 269ST applicability for capital introduced by partner to his partnership firm
- Capital Gains Tax on Inherited Mutual Fund
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
