Dear All,
What will be the exact date of the Deposit of TDS every Month. Like as Our salary for the Month of April is due on 30th April but we paid the salary on 07th May. Can we deposit TDS 14th May or not? Please urgent reply.
Thanks
CS Parmod
Parmod Agarwal (Assistant Manager) (394 Points)
21 October 2010Dear All,
What will be the exact date of the Deposit of TDS every Month. Like as Our salary for the Month of April is due on 30th April but we paid the salary on 07th May. Can we deposit TDS 14th May or not? Please urgent reply.
Thanks
CS Parmod
jignesh l bhatia
(CA)
(78 Points)
Replied 21 October 2010
According to me,
Where any payment made which require deduction of TDS, TDs will be deducted on the date of Credit or Actual payment made w.e.earlier
So the salary is CR on the last date of the month irrespective of the date of payment
so TDS should be deposited on 7th of next month & not on 14th as asked by u
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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