Which quarter should I file Form 26Q?

Question

Hi All,

This is pertaining to TDS form 26Q. I availed some professional services from one service provider. His fees were more than Rs. 25000/-

I made payment to him (after withholding TDS amount) on 21st June 2008. I also paid the TDS amount to Govt. of India on 4th July 2008.

My question is

1) Which date decides the quarter in which I need to file the

for 26Q? Is it the date on which I made payment to the

service provider or the date on which I paid money in

Income Tax account. (using ITNS 281)

2) Am I supposed to file form 26Q for Quarter 1 of 2008 or

Quarter 2 of 2008?

I appreciate your help in this regards.

Thanks & regards,

Raghu

Answer 1

Date of payment is considered for the preview of tds return in quarter.

Last date for submitting the return of Q1, Q2 , Q3 & Q4  is 15-07-2008 & 15-10-2008, 15-01-2009  & 15-06-2009 respectively for the F.Y. 2008-09 & so on

Answer 2

Follow first two line of suchitra it is perfact

Answer 3

Read this

http://mytaxes.in/index.php?topic=33.0

Answer 4

The date of payment to the service provider decides the quarter and not the payment into IT account

You are supposed to File Form 26Q for Quarter 1 and the due date for filing TDS return is July 15th

For further help

http://calculatetax.blogspot.com/

http://taxation-suchithra.blogspot.com/

For filing your TDS return mail to

[e-mail]