27 May 2009
dear sir, we are a mfr, partnership firm. On 31.3.09, we credited interest on loan amount (for the whole year) to the party from whom we have taken loan (thro' J/V), and deducted TDS on that date only. Now what is the last date of depositing this TDS in the bank ? Was it 07.04.2009 OR it is 31.05.2009 ? thanks in advance for reply, anckoor
27 May 2009
If it is made due on 31.03.2009, then the due date of TDS shall be 31st May, 2009. If any other date of March, then it shall be 07.04.2009.
CAclubindia
