Tax deducted at source is introduced by Income Tax Department, TDS should be deducted on making of certain payments such as salary, commission, interest, rent, professional charges etc.
First quarter from 1st April to 30th June due date is 31st July of Financial Year
Second quarter from 1st July to 30th September due date is 31st October of Financial Year
Third quarter from 1st October to 31st December due date is 31st January of Financial Year
Fourth quarter from 1st January to 31st March due date is 31st May of following Financial Year
Interest on Late Payment of TDS
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