Question

The person deducting tax at source shall deposit such amount by _______.

(A) 10th of the succeeding month (B) 15th of the succeeding month

(C) 18th of the succeeding month (D) 20th

of the succeeding month​

Answer 1

Answer:

TDS stands for tax deducted at source. As per the Income Tax Act, any company or person making a payment is required to deduct tax at source if the payment exceeds certain threshold limits. TDS has to be deducted at the rates prescribed by the tax department. The company or person that makes the payment after deducting TDS is called a deductor and the company or person receiving the payment is called the deductee. It is the deductor’s responsibility to deduct TDS before making the payment and deposit the same with the government. TDS is deducted irrespective of the mode of payment–cash, cheque or credit–and is linked to the PAN of the deductor and deducted.

Explanation:

Mark me as branliest

Answer 2

Answer:

Hope this will help you

Explanation:

a) is answer

Deposit of TDS under GST with the Government. The amount of tax deducted at source should be deposited to the Government account by the deductor by 10th of the succeeding month.