Can TDS/TCS Be Deposited Online ?

E- Payment of taxes were made mandatory for corporates & to those assessee to whom Section 44AB applies with effect from 01.04.2008. My question is that whether Payment of TDS will come under this or not and if TDS payments are to be made through E- Payment, then please the procedure involved. K.Muthuswamy, Chennai.

The wordings given in the notification for making the payment of tax online mandatory, it is indeed not clear if the TDS is also made mandatory . However, the TDS is not a tax which is paid, but for deductor responsibility is to "Deposit" it. In my view the TDS/TCS is not covered under this mandatory rule. But there is facility for depositing tax deducted at source as well. Full story www.taxworry.com