TDS-PAYMENTcriticalCBDT (Income Tax)
TDS-PAYMENT — Monthly TDS Deposit
Deposit tax deducted at source by the 7th of the following month; deductions for March are payable by 30 April.
- Due
- 7th of the following month
- Frequency
- Monthly
- If it lapses
- Interest at 1.5% per month under s.201(1A) from deduction to payment
- Statutory reference
- Rule 30, Income-tax Rules 1962
Who has to file it
Every one of these has to hold before TDS-PAYMENT binds an entity:
- TAN registered
- Filed on:
- Income Tax e-Filing
- Usually owned by:
- Accountant
- Typical effort:
- 1.5 hours
Common questions
- When is TDS-PAYMENT due?
- 7th of the following month. It falls due every month.
- Who has to file TDS-PAYMENT?
- It applies to TAN registered.
- What is the penalty for filing TDS-PAYMENT late?
- Interest at 1.5% per month under s.201(1A) from deduction to payment
- Where is TDS-PAYMENT filed?
- Income Tax e-Filing.
This is the standing statutory position. The government extends deadlines often, and an extension is not reflected here until the rule is updated. Mallah Software Services Private Limited is a software company and not a firm of company secretaries or chartered accountants — nothing here is legal, tax or secretarial advice. Confirm the date with your professional before relying on it. See the Professional Disclaimer.