RAJ KUMAR (FINANCE MANAGER) (1393 Points)
11 September 2010HELLO FRIENDS, IF AN ORGANISATION PAYS THE SALARY OF MARCH IN APRIL AND SO ON THEN IN THE QUARTERLY TDS RETURN WHAT WE HAVE TO SHOW SUPPOSE IN THE 2ND QUARTER RETURN WE HAVE TO SHOW THE SALARY OF JUNE, JUL & AUG WHICH IS PAID IN JUL, AUG SEPT.
PLS HELP ME.
CA Navin Jain
(MANAGER (FINANCE & ACCOUNTS))
(11768 Points)
Replied 11 September 2010
compnay shall make the provision of the salary for the month of march on 31 march and deduct the tds .
Member
(Management)
(325 Points)
Replied 12 September 2010
For salary, TDS is on payment basis and not on credit basis.
I am not sure about the period for which 24Q is to be filed. Since the salary pertains to the months of April, May and June (though paid next month), you may have to include the salaries for this month only for the quarter.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
