Time limit for payment of TDS

Time limit for payment of TDSTime and Mode of Payment to government account of tax deducted at source or tax paid under sub-section (1A) of Section 192 are below;

  1. All sums deducted ( TDS ) 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 ‐
    1. On the same day where the tax is paid without production of an income‐tax challan; and
    1. 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.
  1. All sums deducted ( TDS ) 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 ‐
    1. On or before 30th day of April where the income or amount is credited or paid in the month of March; and
    1. In any other case, on or before 7 days from the end of the month in which‐

(i)                 The deduction is made; or

(ii)              Income tax is due under sub‐section (1A) of section 192.

  1. Notwithstanding anything contained in sub‐rule (2), in special cases, the Assessing Officer may, with the prior approval of the Joint Commissioner, permit quarterly payment of the tax deducted under section 192 or section 194A or section 194D or section 194H for the quarters of the financial year specified to in column (2) of the Table below by the date referred to in column (3) of the said Table:

TDS Due Date Payment Table

Sl.No. 

Quarter of the Financial Year ended on

Date for TDS quarterly payment

1

30th June

7th July

2

30th September

7th October

3

31st December

7th January

4 31st March 30th April

 

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