Ad Free CAclubindia and Daily Updates on your Mobile. Subscribe Now!

TDS

PiyushAgrawal (Chartered acooutant in practice) (575 Points)

23 June 2009

Hello,

I want to deposit TDS related to May 2009. Can i deposit the amount using challan 281 .?

Reply
Follow
Share

4 Replies

Pavan Jain S (Chartered Accountant) (1575 Points)
Replied 23 June 2009

Yes. Because the new TDS provisions are applicable for payments relatinf to June and thereafter.

Upgrade to CAclubindia Pro. Subscribe Now!

PiyushAgrawal (Chartered acooutant in practice) (575 Points)
Replied 26 June 2009

thanks.

and if i want to deposit tds realted to june month than what should i do??

Yogesh Shah (Managing Corporate Finance) (1051 Points)
Replied 26 June 2009

In respect of challan no. 281, it doesn't matter for which month you are depositing TDS. You will be required to deposit the same using same challan.

MAHENDRA KUMAR BAGRECHA (FCA) (1402 Points)
Replied 26 June 2009

For the month of June 09, TDS deposit due date is on or before 7th July 09, As per circular issued by CBDT, from 1st July 09, new form 17 will be notified and hence you are suppose to deposit tds through this new form only. We will have to wait for the same.