Tds challan date

This query is : Resolved

SALONI KOTHARI (Querist)
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18 May 2013 Which date will be considered as Date of Deposit of TDS if payment is made through Cheque whether :

1. Date of Tender OR
2. Date of Realisation

For Example if Challan presented on 6th for payment but realized on 8th then it will attract any Interest payment?

What are the compliances for the same ?

(Please mention Notification if possible)

Ankit

Ankit (Expert)
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18 May 2013 Dear Saloni,

it will be the date of deposit of the challan and the cheque...date of the realisation is not relevant..

- Ankit

SALONI KOTHARI

SALONI KOTHARI (Querist)
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18 May 2013 But in Oltas the Challan is shown of Realisation Date and if Tender Date is entered it shows as Challan mismatch..

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Ganeshbabu K

Ganeshbabu K (Expert)
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18 May 2013 Refer following case law

PL haulwel trailers limited reported in 100 ITD 185 before tribunal

and it is held that in case of payment of tax by cheque,

date of presentation should be taken as date of payment of taxes.