TDS Payment Reminder – Due on 30th May 2025! 📢

Timely TDS compliance is essential to avoid unnecessary penalties, interest, and scrutiny from the Income Tax Department. Here's everything you need to know about the upcoming TDS payment deadline for the month of April 2025.

📆 Due Date:

30th May 2025 – This is the last date to pay and furnish your challan-cum-statement for TDS deducted under specific sections.

🧾 Applicable Sections:

  1. Section 194-IA – TDS on the purchase of immovable property (above ₹50 lakhs).

  2. Section 194-IB – TDS on rent payments by individuals/HUF (above ₹50,000 per month).

  3. Section 194M – TDS on payments to contractors/professionals by individuals (if amount > ₹50 lakhs).

  4. Section 194S – TDS on payments for the transfer of Virtual Digital Assets (e.g., crypto).

🚨 Why Timely Filing Matters:

  • Interest under Section 201(1A) for late deposit of TDS.

  • Late filing fees under Section 234E at ₹200 per day.

  • Penalty under Section 271H up to ₹1,00,000 for delayed filing.

✅ What You Should Do:

  • Verify your TDS deductions for April 2025.

  • File the challan-cum-statement for each applicable section.

  • Keep acknowledgment and payment receipts safely for audit purposes.

💼 Let Taxla Services Help You!

Navigating TDS payments can be complex. At Taxla Services, we ensure:

  • Accurate calculation of TDS

  • Timely payment and filing

  • Complete documentation for your records

  • Expert support for any compliance notices

📞 Contact Us Today: +91 9600076134 / 6374812546
📧 Email: auditsiva2@gmail.com
🌐 Website: www.taxlaservices.com
📍 Visit: 19, SBI Colony 3rd Street, Saligramam, Chennai – 600093

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