♦ When is TDS to be deducted? 

TDS is to be deducted from earlier of the two dates given below                                                               

• At the time of credit of such income to the account of payee(i.e. on receipt of bill)                                                             or                                                                    

• At the time of payment (in cash/ cheque/draft/any other mode)

Whenever a bill is received it is not necessary that payment is also made the same day of bill                

Hence, Bill date and Payment date are different. So TDS is deducted earlier of two dates mentioned                                                                 

♦ When is TDS to be deposited?

TDS is to be deposited by 7th of Next Month                                                            

But for the month of March TDS is to be deposited by 30th April