Wednesday 30 August 2017

Due Date of TDS

What are the due dates for TDS?

Payment of TDS each month and filing of quarterly return of TDS are 2 separate processes and due dates for these processes are different
The due dates for the payment of the deducted TDS are on or before 7th of next month. It mena, if the deductor has deducted tax from payments in month of November, then he has to pay the TDS  on or before 7th of December. Key point to note here is that the due dates are same for all type of assesses whether its Salaried case or non-salaried case.
These due dates are applicable to all non-Government assesses and also to Government assessees who deposit tax with Challan as specified by income tax department.  If the challans are not used to make payment of TDS by government assesses, then the due date for payment of TDS will be the same day on which the amount is deducted.
Monthly due dates for payment TDS.

Month
Due date for payment of TDS
April
 7th of May
May
 7th of June
June
 7th of July
July
 7th of August
August
 7th of September
September
 7th of October
October
 7th of November
November
 7th of December
December
 7th of January
January
7th of February
February
7th of March
March
30th of April


You can even pay TDS online. In next question, we will cover the Due date for filing of TDS returns.

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