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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