TDS Payment Online: Procedure, Due Date & Interest on Late Payment

TDS Payment is liable to be made by any assesse who has deducted TDS at the time of incurring any expenditure. The Due Date for TDS Payment is separate for Govt. and Non-Govt. assessee’s as mentioned below

Due Date for TDS Payment in case of Govt. Assessee

S. No.	Particulars	Due Date
1.	Tax Deposited without Challan	Same Day
2.	Tax Deposited with Challan	7th of next month
3.	Tax on perquisites opted to be deposited by the employer	7th of next month

Due Date for TDS Payment in case of Non-Govt Assessee

S. No.	Particulars	Due Date
1.	Tax Deductible in March	30th April of next year
2.	Other Months and Tax opted to be deposited by the employer	7th of next month

The Assessing Officer may with the prior approval of the Joint Commissioner permit quarterly payment of TDS as specified in the table below:-

S. No.	Quarter ends on	Due Date
1.	30th June	7th July
2.	30th September	7th October
3.	31st December	7th January
4.	31st March	30th April

It is mandatory for all corporate assesses and all other assessees liable for Tax Audit under section 44AB of the Income Tax Act to deposit the TDS Online. Assessees who do not fall in the above 2 categories are at the option of either making online payment or by depositing the same with the prescribed banks.