Tds deduction at last day of month
This query is : Resolved
17 January 2017
Sir if we deduct TDS at last day of month then the due date of depositing the TDS amount. As our software on calculating the Interest not consider the month in which tax deducted if deducted on last date of month so there is some provision for that ........
17 January 2017
To be deposited by 7th of next month. For deduction in March from 1st march to 31st March, the TDS can be deposited by 30th April of the same Calendar year
17 January 2017
To be deposited on or before 7th day of following month in which the TDS has been deducted.
Exception is 31/03....... this can be deposited till 30/04
Exception is 31/03....... this can be deposited till 30/04
17 January 2017
it is irrelevant on which day of month you deduct TDS. You must deposit it till 7th of next month.
if TDS is deducted in March month then it will be deposited till 30 April.
your software is not calculating interest on last day that mean there is some problem with software. So please call software expert. otherwise if you deducted TDS on 30 Nov then you must pay it on 7 Dec else you will need to pay interest on it.
if TDS is deducted in March month then it will be deposited till 30 April.
your software is not calculating interest on last day that mean there is some problem with software. So please call software expert. otherwise if you deducted TDS on 30 Nov then you must pay it on 7 Dec else you will need to pay interest on it.
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
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
Trending Online Classes
CAclubindia
