It is the responsibility of the payer/ deductor to deposit the tax deducted money using Challan No. 281. There are two ways to deposit TDS:
Online through TIN NSDL,
- Offline through Bank Branch.
Following are the information required for deposit of TDS:
- TAN of Payer/ Deductor,
- Type of Payment,
- Nature of Payment,
- Assessment Year,
- Address of Payer/ Deductor,
- Details of Payment i.e, TDS, Surcharge, Cess amount, etc.
Deductors at government offices must transfer the tax deducted through book-entry into government account on the same day.