tds payment due date

[Dipneet Kaur]

what is due date for march 2014 and march 2013

[Shyam Agarwal]

Dear Dipneet,

The TDS payment due date is 30th April'2014 for Mar'14 & due date for march'13 is 30.04.2013.

I hope this will solve your query.

Rgds

Shyam Agarwal

[Dipneet Kaur]

But I have learnt that for march 2013,it was the rule that for salary tds and tds which is deducted upto 30th march due date is 7th april and for tds deducted on 31st march due date is 30th april.is it correct

[Shyam Agarwal]

Please refer this for your clarification:

Due date to deposit the tax deducted on amount/Income paid in March 2013 and Tax deducted on provisions created in March 2013 is 30.04.2013. This is as per notification 41/2010 dated 31.05.2010.

Rule:

• As per latest rule for TDS deducted in march 2013, due date to deposit TDS is 30.04.2013..
• Further same due date is applicable for complete month ,means whether tax deducted on 31.03.2013 on provisions or 01.03.2013 to 30.03.2013.
• Due date remains to be 30.04.2013 for all type of assessee except Govt offices.
• Further 30.04.2013 is applicable for salary as well as for other than salary both.

So no need to deposit TDS on 07.04.2013 enjoy for one month and deposit tax on or before 30.04.2013.

New rule has been reproduced here under:

“Time and mode of payment to Government account of tax deducted at source or tax paid under sub -­ section (1A) of section 192.

Rule: 30

(1) All sums deducted in accordance with the provisions of Chapter XVII-B by an office of the Government shall be paid to the credit of the Central Government

(a) on the same day where the tax is paid without production of an income-tax challan; and

(b) on or before seven days from the end of the month in which the deduction is made or income-tax is due under sub-section (1A) of section 192, where tax is paid accompanied by an income-tax challan.

Tax to be deducted by Govt. Office
1.	Tax deposited without challan	Same day
2.	Tax deposited with challan	7th of next month
3.	Tax on perquisites opt to be deposited by the employer	7th of next month

 (2) All sums deducted in accordance with the provisions of Chapter XVII-B by deductors other than an office of the Government shall be paid to the credit of the Central Government -

(a) on or before 30th day of April where the income or amount is credited or paid in the month of March; and
(b) in any other case, on or before seven days from the end of the month in which-

1. the deduction is made; or
2. income-tax is due under sub-section (1A) of section 192.-

Tax deducted by other
1.	tax deductible in March	30th April of next year
2.	other months & tax on perquisites opted to be deposited by employer	7th of next month