Challan Procedure for TCS

It is paid by 7th of next month

Even for March, Due date is same

Example

For Jan-7 Feb

For Feb-7 March

For March-7 April

How to Deposit TCS?

Online Procedure

We should have Net banking to use this feature

Net Banking may be of any person (It is not necessary that it should be of person whose TDS we are paying)

How to Pay through Net Banking

1. Click  https://onlineservices.tin.egov-nsdl.com/etaxnew/tdsnontds.jsp
2. Select Challan 281
3. Fill Challan
4. Select Bank whose Net Banking we are using
5. Click Submit to Bank 
6. Click Confirm
7. Bank Website Opens
8. Make Payment by net banking
9. Challan Generated
10. Save Challan or take printout

To Practically learn how to make TDS computation and pay challan,attend  CA Maninder Singh Practical Training Classes

Offline Procedure

In this case,we have to go to bank to Deposit TDS

Procedure

1. Download TDS Challan in Excel format  Click here to Download
2. Enable Editing
3. Enable Content
4. Fill Challan
5. Take Printout (1 Copy)
6. Go To bank
7. Submit Printout of Challan 281+ Cash/Cheque
8. Bank will give Counterfoil/Receipt Back Stamped

 To Practically learn how to make TDS computation and pay challan,attend  CA Maninder Singh Practical Training Classes