Economics · Tax Deducted at Source (TDS)
Within what time frame must the tax deducted at source (TDS) on salary be deposited with the government?
- 1On the next working day after deduction
- 2Within 7 days from the end of the month in which tax is deducted✓
- 3Within 30 days from the end of the month in which tax is deducted
- 4Within 15 days from the end of the month in which tax is deducted
Correct answer
Within 7 days from the end of the month in which tax is deducted
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