Tuesday, March 26, 2013

DUE DATE TO DEPOSIT TDS MARCH 2013 ,FORM 16 ,16A , 24Q,26Q


on Tuesday, March 26, 2013

  • Due date to deposit tax deducted(TDS) in March 2013 is 30.04.2013
  • Etds return due date for salary Q4 (01.01.2013to 31.03.2013) (form 24 Q) is 15.05.2013
  • Etds return due date for other than salary Q4(01.01.2013 to 31.03.2013)  (26q) is 15.05.2013
  • Due date for form 16(salary) Fy 2012-13 is 31.05.2013
  • Due date for Form 16A quarter four (01.01.2013 to 31.03.2013) is 30.05.2013
Please note down all date given above and make sure that you are on time in each case.

Due date to deposit the tax deducted on amount/Income paid in March 2013 and Tax deducted on provisions created in March 2013 is 30.04.2013. This is as per notification 41/2010 dated 31.05.2010(download complete notification from link given at the end)


Question On Face Book page : We have asked a question on Simple Tax India face book page regarding due date for payment of TDS deducted on provisions created on 31.03.2013 for Salary and other than salary. But we have found that many person have given answer as 07.04.2013 or 31.03.2013 even 05.04.2013 but many of them given the correct answer.so it is clear that Many peoples have  doubts regarding the due date for TDS payment for the March month.

Many persons have confusion that there are different due date  for entry of provisions as on 31.03.2013 and rest of March Month.

Correct rule

  • As per latest rule for TDS deducted in march 2013 ,due date to deposit TDS is 30.04.2013..
  • Further same due date is applicable for complete month ,means whether tax deducted on 31.03.2013 on provisions or 01.03.2013 to 30.03.2013.
  • Due date remains to be 30.04.2013 for all type of assessee except Govt offices.
  • Further 30.04.2013 is applicable for salary as well as for other than salary both.

So no need to deposit TDS on 07.04.2013 enjoy for one month and deposit tax on or before 30.04.2013.

New rule has been  reproduced here under.

“Time and mode of payment to Government account of tax deducted at source or tax paid under sub­ section (1A) of section 192.

Rule :30.
(1) All sums deducted in accordance with the provisions of Chapter XVII‐B by an office of the Government shall be paid to the credit of the Central Government ‐

(a) on the same day where the tax is paid without production of an income‐tax challan; and

(b) on or before seven days from the end of the month in which the deduction is made or income‐tax is due under sub‐section (1A) of section 192, where tax is paid accompanied by an income‐tax challan.
Tax to be deducted by Govt  Office
1
Tax deposited without challan
Same day
2
Tax deposited with challan
7th of next month
3
Tax on perquisites opt to be deposited by the employer
7th of next month
(2) All sums deducted in accordance with the provisions of Chapter XVII‐B by deductors other than an office of the Government shall be paid to the credit of the Central Government ‐

(a) on or before 30th day of April where the income or amount is credited or paid in the month of March; and
(b) in any other case, on or before seven days from the end of the month in which‐
  1. the deduction is made; or 
  2. income‐tax is due under sub‐section (1A) of section 192. 
Tax deducted by other
1
tax deductible in March
30th April of next year
2
other months & tax on perquisites opted to be deposited by employer
7th of next month

(3) Notwithstanding anything contained in sub‐rule (2), in special cases, the Assessing Officer may, with the prior approval of the Joint Commissioner, permit quarterly payment of the tax deducted under section 192 or section 194A or section 194D or section 194H for the quarters of the financial year specified to in column 

(2) of the Table below by the date referred to in column (3) of the said Table:‐
SrNo
Quarter ended On
Date of payment
1
30th June
7th July
2
30the September
7th October
3
31st December
7th January
4
31st March
30Th April

Due Dates For ETDS returns (Form 24Q for salary and 26Q for contractors others ,27Q for Non-resident

Due date ETDS return 24Q, 26Q 27Q and Form16 ,Form 16A
Sl. No.
Quarter ending
 For Govt offices 
For other deductors
Etds return
Form 16A
Etds return
Form 16A
1
30th June
31st July
15th August
15th July
30th July
2
30th September
31st October
15th November
15th October
30th October
3
31st December
31st January
15th Feburary
15th January
30th January
4
31st March
15th May 
30th May        (31st May   for form 16)
15th May
30th May        (31st May for form 16)
Due date for TCS (Tax collection at source ) , ETCS return (27EQ) , TCS certificate (27D)
  • TCS payment :07.04.2013 (due date is 07.04.2013 not 30.04.2013 so keep in mind this rule 37CA)
  • Etds return (27EQ) : 15.05.2013 (Rule 31AA)
  • Form 27D : 30.05.2013 (Rule 37D)


Download Full Notification 41/2010.right click on link and select save target as or save link as as the case may be "

FY 2010-11
FY 2011-12
FY 2012-13 onwards
Download Form 16A from TDSCPC (TRACES) Web Site
Optional
Mandatory for Companies and Banks. Optional   for others
Mandatory for all type of deductors 
Digitally Sign Form 16A
Optional but only if downloaded from TDSCPC (TRACES) Web site
Optional but only if downloaded from TDSCPC (TRACES) Web   site
Optional but only if downloaded from TDSCPC (TRACES) Web site
Manually Issue TDS Certificate(Form 16A)
All deductors can manually issue TDS Certificate
Companies and Banks cannot manually issue TDS Certificate
No deductor can  issue manually TDS certificate
Manually Issue TDS Certificate(Form 16 salary)
All deductors can manually issue TDS Certificate
All deductors can manually issue TDS Certificate
Part B to be issued manually

So manually field form 16A cannot be issued for tax deducted on or after 01.04.2012.  
Update (22.04.2012) Form 16 (Part-A) to be issued mandatory through download from TDSCPC website (circular 04/2013 dated 17.04.2013) salary can be issued without downloading from the TDSCPC (TRACES) site. Now you are interested in how you can download Form 16A from TDS CPC (TRACES) website
Please Note that Form 16A now(01.01.2013) shall be available through new website www.tdscpc.gov.in only .Read more from links given below 
  1. Procedure How  to register at TRACES (www.tdscpc.gov.in) and 
  2. How to download Form 16A form TRACES (www.tdscpc.gov.in)
  3. HOW TO DOWNLAOD FORM16 FROM TDSCPC WEBSITE

Tags:tds payment due dates,tds deposit date,due date for payment of tds, tds due dates,due dates for payment of tds,due date of payment of tds,due date for payment of tds for the month of , due date for tds payment for march 2013,tds deposit date for march 2011 tds on contractors payment,tds payment for march 13,tds quarterly return due date,LAST DATE OF DEPOSITION OF ITDS OF MARCH2013,due date for tds march 2013,due date of payment of tds, income tax india 2013 due date,salary tds due date for payment,tds payment date for march

1 comments: Post Yours! Read Comment Policy ▼
PLEASE NOTE:
We have Zero Tolerance to Spam. Chessy Comments and Comments with Links will be deleted immediately upon our review.

  1. Hi,
    i am the manufacture compnay, pls give the details for TDS. dectued amount and name

    ReplyDelete