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TDS payment last date - Sunday

Manoj Gupta (Service) (58 Points)

30 May 2009

Let me know if tds due date falls on sunday,can it be paid next da.

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9 Replies

sairam (Charterad Accountants) (42 Points)
Replied 30 May 2009

Originally posted by :Manoj Gupta
"	Let me know if tds due date falls on sunday,can it be paid next da.	"

it to be paid before due date

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Nirdosh Agarwal (AGM TAXATION) (30 Points)
Replied 30 May 2009

Yes you can pay the TDS on the next working day if the last date for payment happens to be holiday.

CA Lovenish Bansal (JOB) (343 Points)
Replied 30 May 2009

Yes, it can be deposited on next woking day

PRAVEEN KUMAR (MBA (Finance) B.Com.(P)) (3443 Points)
Replied 30 May 2009

Manoj Jee, Aaaj Saturday ko aaraam karo, aur Monday ko Subah Subhah TDS Deposit kara do.....

there is no panelty.

Yes, it can be deposited on next woking day

Cool....

Thanks

PRaveen

deepak K Gujrati (CA-practice) (966 Points)
Replied 31 May 2009

Dear Friends Some of the branches of State Bank are opened on Sunday also with full working . It shows that Internet banking must be operational on sunday also. So see if tax can be deposited.

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CA Akhilesh Mundra (Chartered Accountant) (76 Points)
Replied 31 May 2009

You can pay the tax using online payment method & also can be on monday.

Amol Gopal Kabra (CA,CS,DISA) (Practicing CA) (8539 Points)
Replied 01 June 2009

It has to be deposited on Saturday only. Correct me if i am wrong, there is no express provision in the Act regarding the due date falling on holiday. In such a case, the same has to be deposited before the due date. Moreover, as many have advised, you can pay it on sunday using net-banknig.

However, in case of any emergency holiday, the same can be deposited on the subsequent day without any penalty for the same.

MAHENDRA KUMAR BAGRECHA (FCA) (1402 Points)
Replied 03 June 2009

As per general clause act, if last day of due date is sunday, next day we can make payment but we also should not forget that from this year payment of taxes through online payment gateway has become mandatory which is available 24 hours including sundays also so as per my opinion, if we give excuse of late payment by saying that last day is sunday will be wrong.