TDS means TAX DEDUCTED AT SOURCE. So it is payable only when the amount is deducted . You make the deduction when the payment is accounted or paid. It is not based on the bill date. So the amount of TDS deducted in a month is payable before 7th of the subsequent month.
Found This Useful? +Vote Up This Page Via Google.
Why Vote? User validation is extremely important for good content to prosper.
Disclaimer: This network and the advice provided in good faith by our members only facilitates as a direction towards the actions necessary. The advice should be validated by proper consultation with a certified professional. The network or the members providing advice cannot be held liable for any consequences, under any circumstances.
Explore Topical Knowledge Areas
Interesting Relevant Discussions