TDS Payment – AO Permitted (Quarterly) | Due Date Alert for Jan–Mar 2025

 

📢 TDS Payment – AO Permitted (Quarterly) | Due Date Alert for Jan–Mar 2025

For businesses and deductors who have obtained special permission from the Assessing Officer (AO), the facility to deposit TDS on a quarterly basis is a convenient compliance benefit. But with this flexibility comes the responsibility of timely payments.

🔹 Applicable Sections:

Quarterly TDS deposit is permitted under the following sections, only if prior approval has been granted by the AO:

  • Section 192 – Salary payments

  • Section 194A – Interest other than interest on securities

  • Section 194D – Insurance commission

  • Section 194H – Commission or brokerage

🗓️ Relevant Period:

January to March 2025

📅 Due Date for Payment:

30th April 2025

This is the final deadline to remit TDS deducted for the last quarter of FY 2024–25 under the permitted quarterly scheme.

⚠️ Consequences of Late Payment:

Failure to deposit TDS within the due date may lead to:

  • Interest @ 1.5% per month (or part thereof)

  • Penalties under Section 271H

  • Disallowance of expenses under Section 40(a)(ia)

✅ Ensure Smooth Compliance With Taxla Services

Our experts at Taxla Services can help you:

  • Check eligibility for quarterly TDS deposit

  • Prepare accurate TDS challans

  • Ensure timely filing of TDS returns (Form 24Q, 26Q etc.)

  • Avoid penalties and notices

Let’s handle the compliance, while you focus on your core business!

📞 Get in Touch Today:

Call Us: +91 9600076134 / 6374812546
Email: auditsiva2@gmail.com
Visit: www.taxlaservices.com
Office: 19, SBI Colony 3rd Street, Saligramam, Chennai – 600093

#TDSCompliance #IncomeTaxIndia #QuarterlyTDS #DueDateAlert #Section192 #Section194A #Section194D #Section194H #TaxFiling #TaxlaServices #ChennaiTaxExperts #April2025DueDate



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