HI
I need to briefly about tds deduction, deposit and filings
Understanding TDS: Quarterly Filing, Monthly Deposit by 7th, and April 30th Deadline for March Non-Salary Deductions. An individual inquired about the process of tax deducted at source (TDS), including deduction, deposit, and filing requirements. A respondent advised that TDS returns must be filed quarterly, within 15 days after the end of each quarter. Another reply clarified that TDS must be deposited by the 7th of the month following the deduction. Additionally, it was noted that for TDS related to March, the deposit deadline is April 30th for non-salary deductions. (AI Summary)
Income Tax