Dear All,
Please tell me last date of Payment for TDS on Salary for the M/o. March 13
Regards
Sachin Waje
Sachin Waje (Taxation Executive) (102 Points)
05 April 2013Dear All,
Please tell me last date of Payment for TDS on Salary for the M/o. March 13
Regards
Sachin Waje
Sachin Waje
(Taxation Executive)
(102 Points)
Replied 05 April 2013
30th April for Other than salary and for salary it is 07th April......
VIKAS.A
(SOMETHING IS BETTER THAN NOTHING)
(1095 Points)
Replied 05 April 2013
Time Limits for Payment of TAX |
||
Different Situation |
Time Limit for Deposit of Tax |
|
When Payer is the Government or when is made on behalf of the Government |
TDS is deposited without Challan | Same Day |
TDS is deposited with Challan | On or before 7 days from the end of the month in which the deduction is made. | |
Tax on Perquisites opt to be deposited by the employer | On or before the 7days from the end of next month in which Income-Tax is due under section 192(1A). | |
When Tax is Deducted by a person other than Government |
When the income or amount is credited or paid in the month of March | On or before 30th April. |
In any other case | On or before 7 days from the end of the month in which the deduction is made. | |
Tax on Perquisites opt to be deposited by the employer | On or before the 7days from the end of next month in which Income-Tax is due under section 192(1A). |
192(1a) refers to the non monetary perqusites for which employer has to pay tax on behalf of employee and for employee though included insalary he will get exemption u/s 10(10cc),