The person who is liable to deduct TDS shall be deposited to the government on time. Timely payment ensure the statutory complaints and avoid penalties and fine .Here is the TDS payment chart for both Govt assesses and non Govt: Assesses.
Important Points to be Noted for TDS Payment
- All sum deducted without treasury challan shall be deposited to the government on the same day by a government office.
- Interest Shall be payable to the government in case the deductee failed to deposit the TDS on time.
- Online TDS Payment is mandatory for those assesses who are liable to undergo Tax audit under section 44 AB and for corporate assesses like companies.
- All other assesses may opt in to pay online or offline TDS Payment
|Month of Deduction||For Govt. Deductor||For Other Deductor|
TDS Deposit due date for assesses who are permitted to deposit TDS Quarterly.
Assesses may permit to deposit TDS on Quarterly basis based on the application and concerned approval by assessing officer with the prior approval of joint commissioner. Those assesses shall make payment as follows.
|Period (Quarterly)||Due Date|
|1st Quarter (April to June)||7-Jul|
|2nd Quarter ( July to sep)||7-Oct|
|3rd Quarter ( Oct to Dec)||7-Dec|
|4th Quarter ( Jan to March)||30-Apr|