Last date for payment of TDS for March11

Page no : 2

Joydip Chaubey (CA-Final Student Former Article Assistant now Self Employed) (41 Points)
Replied 06 April 2011

IT WILL BE 30TH APRIL.THANK U KRISHNA SIR.

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Deepak Tapse (Accounts Manager - Taxation) (1771 Points)
Replied 06 April 2011

TDS deducted during the month of March 11 has to be paid on or before 30th April 11.

SIVASIVA (FCA, Future CA) (4935 Points)
Replied 07 April 2011

Originally posted by : Sumiti Jain
	Its 7th April if deducted from 1st March to 30th March & 30th April if deducted on 31st March

CA KRISHNA KUMAR DARUKA (CHARTERED ACCOUNTANT) (4458 Points)
Replied 07 April 2011

I do not understand the misunderstanding. Mr Sivasiva it is definately 30th April.

Vishal bhatia (Manager Accounts) (21 Points)
Replied 28 April 2011

What is the last date for deposit of TDS of 31st March,if its saturday on 30th April.Will it be monday 2nd May 2011.

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CA KRISHNA KUMAR DARUKA (CHARTERED ACCOUNTANT) (4458 Points)
Replied 28 April 2011

No last day will remain on saturday 30th April

KIYOSH (TAX CONSULTANT) (332 Points)
Replied 28 April 2011

ITS 30TH APRIL

KIYOSH

Kanhaiya Vashishth (Sr. Accountant) (21 Points)
Replied 11 April 2012

Hi, I am not satisfy with all posted answer's because I want to know last date to deposit of tds deducted u/s 195 on 31st. March' 2012

Thanks & Regards,

Kanhaiya Vashishth

Asst. Manager

Deepak Tapse (Accounts Manager - Taxation) (1771 Points)
Replied 11 April 2012

Due date to deposit TDS deducted under various section after new TDS rules 2010 is 30th April. TDS deducted during full month of March is to be deposited on or before 30th April.

Srinivas (Finance & Accounts) (107 Points)
Replied 11 April 2012

The Due Date is 30-04-2012 against all the transations (whether it is PAID / CREDITED / BOOKED / PROVISIONS) made in the month of March 2012 (from 01-03-2012 to 31-03-2012). Hope it'll clarified to all.

-B.Srinivas

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Srinivas (Finance & Accounts) (107 Points)
Replied 11 April 2012

The Due Date is 30-04-2012 against all the TDS transations with reference to all the TDS Sections (whether it is PAID / CREDITED / BOOKED / PROVISIONS) made in the month of March 2012 (from 01-03-2012 to 31-03-2012). Hope it'll clarified to all.

-B.Srinivas

CA KRISHNA KUMAR DARUKA (CHARTERED ACCOUNTANT) (4458 Points)
Replied 12 April 2012

PLEASE NOTE THE FOLLOWING RULE. THESE RULES COVERS ALL SUMS DEDUCTED UNDER CHAPTER XVII-B WHICH ALSO INCLUDES SECTION 195 OF THE INCOME TAX ACT.

“Time and mode of payment to Government account of tax deducted at source or tax paid under sub-section (1A) of section 192.

30.

(1) All sums deducted in accordance with the provisions of Chapter XVII-B by an office of the Government shall be paid to the credit of the Central Government -

(a) on the same day where the tax is paid without production of an income-tax challan; and

(b) on or before seven days from the end of the month in which the deduction is made or income-tax is due under sub-section (1A) of section 192, where tax is paid accompanied by an income-tax challan.

(2) All sums deducted in accordance with the provisions of Chapter XVII-B by deductors other than an office of the Government shall be paid to the credit of the Central Government -

(a) on or before 30^th day of April where the income or amount is credited or paid in the month of March; and

(b) in any other case, on or before seven days from the end of the month in which-

(i) the deduction is made; or

(ii) income-tax is due under sub-section (1A) of section 192.

(3) Notwithstanding anything contained in sub-rule (2), in special cases, the Assessing Officer may, with the prior approval of the Joint Commissioner, permit quarterly payment of the tax deducted under section 192 or section 194A or section 194D or section 194H for the quarters of the financial year specified to in column (2) of the Table below by the date referred to in column (3) of the said Table:-

Table

Sl. No.	Quarter of the Financial Year ended on	Date for quarterly payment
(1)	(2)	(3)
1.	30^th June	7^th July
2.	30^th September	7^th October
3.	31^st December	7^th January
4.	31^st March	30^th April.