It is paid by 7th of next month
Even for March, Due date is same
Example
For Jan-7 Feb
For Feb-7 March
For March-7 April
How to Deposit TCS?
Procedure for payment is same as TCS
It can be paid both online and offline
Online Procedure
We should have Net banking to use this feature
Net Banking may be of any person (It is not necessary that it should be of person whose TDS we are paying)
How to Pay through Net Banking
- Click https://onlineservices.tin.egov-nsdl.com/etaxnew/tdsnontds.jsp
- Select Challan 281
- Fill Challan
- Select Bank whose Net Banking we are using
- Click Submit to Bank
- Click Confirm
- Bank Website Opens
- Make Payment by net banking
- Challan Generated
- Save Challan or take printout
To Practically learn how to make TDS computation and pay challan,attend CA Maninder Singh Practical Training Classes
Offline Procedure
In this case,we have to go to bank to Deposit TDS
Procedure
- Download TDS Challan in Excel format Click here to Download
- Enable Editing
- Enable Content
- Fill Challan
- Take Printout (1 Copy)
- Go To bank
- Submit Printout of Challan 281+ Cash/Cheque
- Bank will give Counterfoil/Receipt Back Stamped
To Practically learn how to make TDS computation and pay challan,attend CA Maninder Singh Practical Training Classes