TDS - The time and mode of payment to Government account of tax deducted at source

Time and mode of payment of TDS: quarterly concession restricted; large employers must remit monthly and concessions withdrawn.

Income-tax rules require prompt remittance of tax deducted at source for salaries, permit quarterly payment only with prior approval of the Inspecting Assistant Commissioner as an administrative concession for small employers, and require monthly deduction returns which the Commissioner alone may waive; officers must not grant quarterly payment to employers with significant monthly deductions, must withdraw improper concessions, and should direct employers to apply to the Commissioner for any waiver of monthly return obligations.