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Updated on Posted byCA VineetaPosted inTax Deducted at Source (TDS) News 11 Minutes Read
Find TDS/ TCS return due dates with the time period and last date for filing for AY 2024-25 (FY 2023-24). TDS stands for tax deduction at source while TCS stands for tax collected at source.
As per the Income-tax Act, if any person makes a payment to the receiver, then TDS is required to be deducted at a prescribed rate and then deposited with the government. While for the TCS, the person receiving the payment has to collect tax from the person making the payment and deposit thereafter with the government.
Latest Update
- For the first quarter of FY 2023–24, the deadline for submitting TDS/TCS statements in Form 26Q, 27Q, and 27EQ has been extended to September 30th, 2023. read circular
Here, we showcase the current due dates for filing TDS/ TCS returns as per the latest update by the government of India.
TDS/TCS Updates by Finance Ministry
- “Government to infuse Rs 50,000 crores liquidity by reducing rates of TDS, for non-salaried specified payments made to residents, and rates of Tax Collection at Source for specified receipts, by 25% of the existing rates”
SAG Infotech always works for helping taxpayers by providing needful materials that make return filing work easy. We cover the TDS return filing last date and TCS return filing due dates in a proper format (quarterly basis) for AY 2024-25 (FY 2023-24). Also, the taxpayer gets the details of the TDS/TCS payment deposits on a monthly basis for government and non-government employees.
Recommended: Free Download Trial Version of TDS Return Filing Software
Here we have provided the Last Dates of FY 2023-24 for TDS Return Filing along with the Last Dates of FY 2023-24 for TCS Return Filing.
TDS Due Dates of FY 2023-24 for Return Filing
| Quarter | Period | Last Date of Filing |
|---|---|---|
| 1st Quarter | 1st April to 30th June | 31st July 2023 | 30th Sep. Only for 26Q and 27Q |
| 2nd Quarter | 1st July to 30th September | 31st October 2023 |
| 3rd Quarter | 1st October to 31st December | 31st Jan 2024 |
| 4th Quarter | 1st January to 31st March | 31st May 2024 |
TCS Statement Due Dates for FY 2023-24
| Quarter | Period | Last Date of Filing |
|---|---|---|
| 1st Quarter | 1st April to 30th June | 15th July 2023 | 30th Sep. Only for 27EQ |
| 2nd Quarter | 1st July to 30th September | 15th October 2023 |
| 3rd Quarter | 1st October to 31st December | 15th Jan 2024 |
| 4th Quarter | 1st January to 31st March | 15th May 2024 |
Note:
- Quarterly TDS/TCS Certificate: After uploading a quarterly TDS return you can generate a TDS/TCS certificate within 15 days of uploading your return.
File TDS/TCS Return Before Due Date
TDS & TCS Payment Deposit Due Dates for Govt & Non-government
- The due date for depositing TCS is the 7th of next month.
- Due dates for depositing TDS are as under:
- For non-government Deductors- the 7th of next month (except for the month of March where the due date is the 30th of April)
- For Government Deductors-
i) If paid through challan- 7th of next month
ii) If paid through book entry- Same day i.e. the day on which TDS was deducted.
TDS Payment Due Date for Sunday or Public Holiday
Tax-deductible at the source is done at the time of the payment to the receiver and the tax deducted is directly deposited by the giver to the government. The TDS filing is mandatory for everyone who has been into the payment transactions and therefore calls for various compliance by the government.
The latest upcoming TDS return filing due date given by the government is near. As per the sources, it has been found that the upcoming TDS return due date is falling on Sunday which is a public holiday, therefore, one can also pay the TDS on the next working day.
Due Date of 15G/15H Form
The due date for quarterly furnishing of 15G/15H declaration received by the payer from 1/04/2017 onwards and the manner for dealing with 15G/15H received by the payer during the period from 01/10/2015 to 31/03/2016 has been specified in Notification No. 09/2016 dated 9th June 2016 wide F.No.DGIT(S)/CPC(TDS)/DCIT/15GH/2016-17/4539.
| S.No. | Scenarios | Original Due Date |
|---|---|---|
| 1 | For 15G/H Received from 1/04/2023 to 30/06/2023 | 15/07/2023 |
| 2 | For 15G/H Received from 01/07/2023 to 30/09/2023 | 15/10/2023 |
| 3 | For 15G/H Received from 01/10/2023 to 30/12/2023 | 15/01/2024 |
| 4 | For 15G/H Received from 01/01/2024 to 31/03/2024 | 30/04/2024 |
File 15G/15H Return Before Due Date
TDS on Purchase of Immovable Property
- The time limit for TDS deposition on the purchase of immovable property is the 30th day of the following month in which the property is purchased. For Example: If the property is purchased in the month of June then TDS can be deposited by 30th July.
Penalties on TDS/TCS Return Filing After Due Date
TDS ensures an on-time payment of tax on behalf of the income generator but not on behalf of the one who deducts the tax. For example: if an employer deducted tax on behalf of an employee, implies that the employee has paid the tax but that doesn’t mean the employer has also paid the same. So, here comes the role of penalties and late payment charges.
In our day-to-day life, we come across such terms as late payment fees, fines, etc on pending bills or outstanding payments. The same is with income tax, the penalty or delayed payment fees are charged by the Income Tax Department (ITD) to an individual who is not in compliance with the IT law or could not meet his/her tax duties in a well-manner. So when such individuals fail to pay the taxes on time, the penalties are levied along with interest.
In the same way, if a deductor or employer who deduct the TDS (Tax Deducted at Source) from the income of their employees, fails to pay TDS to the government or fails to submit relevant tax documents to the IT department on time, becomes liable to pay penalties for the late or non-payment of TDS.
Section 234E of the Income Tax Act, which was introduced on 1st July 2012, deals with the late payment fees or penalty applicable for late submission of quarterly TDS/TCS returns by the Deductor to the ITD.
Late Filing Fee If Miss The TDS/TCS Return Due Date
According to Section 234E, a late fine of INR. 200 per day has to be paid to the Income Tax Department in case of late filing of TDS/TCS return and the fine will be levied for every single day of delay until the late payment charges become equal to the amount of TDS and not more than that.
Let’s understand it through an example. Suppose you have to pay a TDS amount of INR 5000 on 1st March, but you pay the TDS amount on 30th June, then the total amount of penalty will be calculated as INR 200 X 122 days = INR 24,400.
Since the calculated value of the penalty is more than the actual amount of TDS amount, i.e., INR 5000, you will be liable to pay only INR 5000 as the late filing charges.
Interest in Non-Payment of TDS/TCS
In addition to the penalty, interest will also be charged. The interest is payable by the taxpayers before the filing of the TDS return. The details about interest rates are given in Section 201 A.
- For delayed payments of advanced tax, self-assessment tax, regular tax, TDS, TCS, equalization levy, STT, and CTT made between 20th March 2020 and 30th June 2020, the reduced interest rate at 9% instead of 12 %/18 % per annum ( i.e. 0.75% per month instead of 1/1.5 per cent per month) will be charged for this period. No late fee/penalty shall be charged for delay relating to this period.
However, none or short payments of TDS/TCS made after 30th June will attract the following interest liability:- - When a part or whole amount of tax is Non-deducted at source then 1% per month interest is subject to TDS/TCS amount when the Interest period starts from the date on which the tax was deductible and lasts till the actual date of deduction.
- When a part or whole amount of TDS is not paid then 1.5% per month interest is subject to TDS/TCS amount when the Interest period starts from the deduction date and lasts till the actual date of payment.
- Interest at the rate of 1.5% per month ( from the date when it was deducted to the actual date of deposit) has to pay for late payment of TDS after deduction.
- Note: The interest is calculated on the basis of a number of months and not on the basis of a number of days so a part of a month will be taken as a whole month.
For instance –If you have to pay the TDS amount of INR 3000 which you deducted on January 15th. But you paid this TDS after the actual date of the TDS deposit, on May 29th. So, the interest will be calculated as INR 3000 X 1.5% per month X 5= INR 225.
However, according to many High Court Cases, a month is a period of thirty days. But Under the Income Tax Act, of 1961, there is no precise definition for a month.
The most noteworthy point:
- The calculation of interest for the payable TDS amount is done on the basis of the date from when the TDS was deducted instead of the date on which it was due.
For example: If the due date of the TDS payment is April 15th and the TDS was deducted on March 30th. So, here the interest will be calculated for the time period starting from March 30th, instead of April 15th which is the due date.
It becomes quite troublesome when you miss the due date of the TDS payment by a day or two. Let’s suppose May 10th was the due date for paying TDS for a TDS that was deducted on April 15th and due to any reasons you missed the due date but paid the TDS on the very next day means on May 11th. In such a case, the interest calculation will begin from April 15th, and unnecessarily you would have to pay interest for two months, i.e., 1.5% per month X 2= 3%.
Therefore, it is very important to pay TDS before the due date of TDS payment to avert such obligations of paying huge interest and penalties.
Penalty
According to the norms of the Income Tax Act, You might become liable to pay the penalty of an equal amount as the deducted/collected amount
Prosecution under Section 276B
Section 276B states that if a person fails to pay to the credit of the Central Government within the specified time, as mentioned above, the TDS by him according to the provisions of Chapter XVII-B, he shall be penalized with fine along with severe imprisonment for a time period between 3 months and 7 years. The punishment will be based on the circ*mstances or the inspection done by the concerned tax authority or assessment officer.
Penalty Sections for Late Filing of TDS/TCS Return
Penalty (Sec 234E): The TDS deductor will be accountable to pay a penalty of INR 200/- per day to the IT department till the date the complete TDS amount is paid. However, the penalty shall be limited to the actual TDS amount and can not be more than that.
Penalty (Sec 271H): As per this section, when an individual fails to file the TDS/TCS return before the due dates, the Assessing Officer may direct him/her to pay a penalty under section 271H along with the late fee applicable as per section 234E.
The penalty under section 271H starts from INR.10,000 and can be extended to INR 1,00,000 when the Deductor/Collector files a wrong return.
Conditions when no penalty is levied for delayed filing or payment of TDS/TCS return as per section 271H.
- The tax deducted at source is paid to the credit of the government.
- The interest along with late filing fees is paid to the credit of the government.
- The TDS/TCS return is filed prior to the expiry of one year period from the due date as stated (provided that the return submitted is correct)
See Also: Income Tax Important Dates for Current Financial Year
Disclaimer:- "All the information given is from credible and authentic resources and has been published after moderation. Any change in detail or information other than fact must be considered a human error. The blog we write is to provide updated information. You can raise any query on matters related to blog content. Also, note that we don’t provide any type of consultancy so we are sorry for being unable to reply to consultancy queries. Also, we do mention that our replies are solely on a practical basis and we advise you to cross verify with professional authorities for a fact check."
Published by CA Vineeta
Hi,I am Vineeta Sharma. I am a chartered accountant. I have done my (B.Com) from Rajasthan University. I have keen interest in taxation field.View more posts
367 thoughts on "Due Dates for E-Filing of TDS & TCS Returns for FY 2023-24"
What is the basis for calculating additional late filing fee against the processing of latest correction
There is no additional filing fees against correction but if at the time of correction not mention original return filing date date then calculate additional late filing fees.
Dear Sir,
when i have deposit TCS for the month of march23 on 24.04.2023. can i paid interest of one month. if yes, to please Clarified why ?yes you are require to pay Interest for two month as TCS deposit date was 07-04-2023.
Int amount- TCS deducted*1.5%*2 mnth.you need to pay intt for 2 month
if the tax exemption limit is 3 lac Rupees then why not the TDS collected after getting 3 lac. the salary.
we all should have to free from first quarter TDS
After the exemption limit, we are liable for to pay tax otherwise no.What is the due date of filing TDS return of AY 2022-23
Sir whether late fees u/s 234E for filing tds returns after due dates can be waived off under any clause p
We want to revise TDS returns (suppliers) for FY 20-21. When is the due date?
You can do it at any time from TRACES
I have the same question, why TCS return date not extended by Govt. is Corona pandemic only for TDS files not for TCS. Why no relaxation given.
What’s the due date for TDS payment for Qtr4 of FY 2020-21 (Jan-Mar21) and the due date for filing of TDS return.
I want to learn TDs return
Date of tds filing has been revised from 30-june -2020 to 15th-july-2021
Lat date of filing TDS return for Q3 FY 2020-21 is 31 Jan. 2021 while the last date for Q2 FY 2020-21 is 31st March 2021. How can this be? Is the tax department hoodwinking taxpayers?
I received a demand notice for late filing of Q3 FY 2020-21 TDS return, even though I filed it on 26th March 2021.
Please contact to department
LAST DATE FORM Q3 WAS 31ST. JAN,21. SO, LATE FILING FEES APPLICABLE IN YOUR CASE.
Tds refund
Extent tds tcs return
Sir, If TDS – Q1 return for the FY 2020-21 will be filed on 30.04.2021 instead of 31st March2021, the late filing fee @ Rs.200/- per day will calculate from 01.04.21 to 30.04.21 or from 01.08.2020 – Please inform
A late fee will be calculated from 01.04.2021 as the due date was extended to 31.03.2021
LATE FILING FEES FROM 01.04.21 TO 30.04.21
What was the due date for MGT 7 and penalty for OPC
The due date for OPC for Filing MGT-7 is within 180 days from the closure of the financial year i.e. 27 September and penalty will be counted from September 28 per day 100 Rs till the Default Continues.
I want to file 3 qtr returns (q1/q2/q3) together. which provisional receipt number (q4 of the previous year) should I mention in all returns. ? or I have to file one at a time i.e. after getting provisional receipt of the previous return.
I want to revise my Q3 TCS 27EQ Return for FY 2020-21, but neither conso file request is allowed nor online correction, how can we make the required changes?
Please wait for some time for the request of conso file or online correction.
We have Paid TCS every month on time, but by mistake, we have filed TCS Return late by 15 days, what will be the late changes & Penalty.
Thank you
Per day 200/- rupees
Sir,
We have applied for TAN and meanwhile, we deducted TDS under various sections. By the time we get TAN the due date for the TDS deposit will be over.
Do we require to pay interest and penalty on late payment/deposition of TDS in Govt. treasury though we got TAN late?Please clarify.
Regards,
DipakYes, you are required to pay interest and penalty on late payment/deposition of TDS.
Respected Sir, A property purchased in the personal name of proprietor before 5 years and EMI is deducted from the business account so the paid amount is shown as withdrawn in the capital but now we want to try this property in firm assets, is this possible. If possible advise what to do.
Thanks, SirjiWhile I am preparing 26Q – Q2 for the financial year 2020-21, I cannot able to find the 94J option in Annexure I part under deductee details. Is there any changes in the 194J deductions? Kindly request you share the correct details.
Please contact to Traces Portal.
Yes…!
Section code has been changed you need to type/mention as 4JA instead of 94J.
Sir, I want to know the last date for filing e-tds return for the quarter ended 30th September 2020 (F.Y.2020-21)
31st March 2021 is the last date for filingb e-tds return.
31st Mar’2021
The due dates mentioned by you of the 1st qtr and 2nd qtr of 2020-21 are wrong. Correct them.
Please refer notification No 35/2020.
Sir my father has taken a home loan in Sep 2018 from an Indian bank @8.60% p.a for a flat to be allocated by Group Housing Coop Society costing Rs.3780800/- and paid the amount to society on Sept,18 but the flat could not be allocated to him by society due to delay tactics of management of society and Registrar Coop Societies.
Lastly, he resigned from the society and society refund his home loan amount with 6% interest p.a. in February2020 to the Indian bank as per agreement. They deducted the 10% TDS and 2&half percent admv charges. Bank also charged interest nearly 3,22000 for this period. There is two side loss –intt by bank and TDS on intt by society has to be paid @ 30% as per income slab of my father. whereas he has no gain from this home loan. What type of rebate my father can get under which rule please guide in detail. Thanking you
PLEASE REFER SECTION 80C,80EEA & 24(B) OF INCOME TAX ACT
Dear Sir, logic could not understand for the IIIqtr filling due date is 31.1.21, while I and IInd Qtr is 31.3.21, and IVth is 31.5.21?
The filing due date for TDS returns of FY 2020-21 is 31st March 2021.
TDS deducted under 194J for Technical services 2% and others 10% how to shown in 26Q for these two transactions
Maybe the system is shown as demand for lower deduction (2% for technical services)You have to select an appropriate subsection.
Sir,
Still, I did not file TDS return of the 4th quarter FY 2019-20 and also not paid the TDS amount of march 2020. What are the interest and penalty until today……25/08/2020
Interest at the rate of 1.5% per month will be paid for non-payment of TDS and a Late fee of Rs 200 per day is required to be paid.
Sir,
I Have submitted my return for AY 2020-21 on 12th June 2020 with a claim of refund but still have not got a refund. when it will be deposited in my account?
Please check your refund status with NSDL
I have bought a home in Feb 2020, the downpayment was paid in February, and the agreement was done in February but the bank released a loan in March. I have not paid the TDS. is there any relaxation for COVID, if not what might be the penalty amount
“Please contact to department”
There was relaxation for payment till 15th July Last date for submission of return was 31st July I had filed a return on 31-07-2020 (26Q 4). I had made payments in June/July for FY 2019-20. Now the department has issued an intimation and asking to pay Penalty delayed payment and also charging interest.
There was relaxation for payment of TDS amount till 30th June 2020 (Due dates of payment of which falls during the period of 20th day of March 2020 to the 29th day of June 2020) with a reduced rate of interest of 0.75%.
what is the last date for filling QTR-1 2020 TDS return
Normal date is july-20 is the date extended31st March 2021
if 26Q return filed on 10.10.2020 for 1st qtr. of 2020-21 than the late filing fee/penalty will be charged or not ….as the return’s due date is 31.03.2021
No late fees will be charged.
Pan no ########, I submitted a return on 22 August 2020. But no result till now.
Which lower tax deduction certificate needs to be mapped in TDS return for Q1 2020-21 on account of lower/Nil tax deduction certificate validity extended till 30-Jun-2020?
I have received demand on account of short deduction due to LDC, I have mapped old (2019-20) certificate no. mapped in the TDS return.
“Please contact to department”
Sir If I fail to deposit TDS amount on 31.07.2020 then how many interest charge is applicable or what is the procedure
TDS RETURN PENALTY FOR LATE FILING RERUN AFTER —- 31/7/2020
Please specify Quarter & FY
How to show COVID 19 TDS rate cut of 25% in 26Q
If the date of payment/credit is on or after 14th May 2020, reduced rate of TDS is applicable
Pls send due dates of various returns……
ITR for AY 19-20 = 30 Sep 2020
ITR for AY 20-21 = 30 Nov 2020
WHAT IS THE DUE DATE OF TDS FOR 194IB (26QC) FOR 31.03.2020. (RENT PAYABLE TO OTHER PERSON FOR MORE THAN RS. 50000/-). DUE DATE AS PER GOVERNMENT 31.07.2020. BUT WHEN TAX PAID LATE FEE PENALTY MASSAGE SHOWN.
The due date for 194IB for 31.03.2020 is 31st July 2020, So no late fees and penalty will be charged by the department.
WHAT IS THE DUE DATE FOR TDS RETURN FILING FOR Q1 OF F.Y.2020-2021
TELL ME SIR
Filing of TDS return for Q1 & Q2 of FY 2020-21 is 31st March 2021
can you share any notification link for same ??
Notification No.35 /2020/ F. No. 370142/23/2020-TPL dated 24th June 2020 – https://blog.saginfotech.com/wp-content/uploads/2020/07/notification_35_2020-1.pdf
What is the due date of filing q4 fy2020 TDS u/s 194j
Due date of TDS/TSC return of 1st qtr of AY-2021-22
Due date of TDS/TCS Return of AY 2021-22 is 31st March 2021.
What is the last date of filing TDS return for the quarter – 2 i,e month July to Sept 2020
31/03/2021
31st July 2020
TDS Return filing due date for Q 1 & Q 2 of FY 2020-21 is 31st March 2021
What is the last date to file the TDS/TCS return of Q-1 of F.Y. 2019-20?
The last date for filing TDS Return of Q-1 of FY 2019-20 is 31st July 2019
The last date for filing TCS Return of Q-1 of FY 2019-20 is 15th July 2019
Dear Sir,
I was deposit TDS online through Net banking on dated 05.06.2020 for A.Y. 2021-22 but wrongly by mistake A.Y. have been selected 2020-21 instead of 2021-22. How I rectify the same challan mistake.
With regards,
Please contact to TRACES
Hi, you can log in to Traces and select Request for OLTAS Challan correction under Statements/Payments Tab. You can change: Financial Year / Major Head / Minor Head / Section Code.
Also, even if the wrong year is selected you can still utilize the same for A.Y. 2020-21 without any issue.
I have to claim a refund of TDS for the financial year 2019-20. When is the last date in such a case for filing IT returns and claim the refund? Is it 30th November 2020?
The last date of filing IT return for AY 20-21 is 30th November 2020.
The last date to file Income tax Return for the F.Y. 2019-20 is 30th November 2020 and for the Tax Audit Report of F.Y 2019-20 is 31st October 2020
SIR TDS 1 Q F.Y 2020-21 KA DEU DATE KAB TAK HAI SIR PLAZE
31st March 2021
Sir,
I want to know the last date for filing e-tds return for the quarter ended 30th June 2020 (F.Y.2020-21)
31st July 2020
The last date for filing e-tds return for the quarter ended 30th June 2020 is 31st July 2020.
Filing of TDS return for Q1 & Q2 of FY 2020-21 is 31st March 2021. I confused with these two posts sir previously posted like as fy 2020-2021 TDS Q1 return due date is 31 st July 2020. please clarify these two posts
As Per Notification No.35 /2020/ F. No. 370142/23/2020-TPL dated 24th June 2020 issued by Govt of India
TDS DEDUCTED WAS 31-03-2020 AND PAID THE CHALLAN IN 09-07-2020. HOW MANY PERCENT INTEREST CHARGED?
1.5% PM
Sir, in the same case that is if i paid tds for the month of march in the month of june dated 30.06.2020 than for how many months interest i have to pay??? please clarify sir..
ICICI bank has still not created TDS certificate for Q4 ( Jan 1 – March 31, 2020) for TDS deducted on Savings accounts and
Fixed Deposits.It’s July 15 now. Is the deadline July 15 or
July 31 to create and give TDS certificate
for AY 2020-21, due to COVID?Thanks
TDS return filling due date FY-2019-20, 4th Quarter
Read the post carefully
I did not deduct TDS in Q1, Q2 and in Q3 but in 4th quarter from my pocket I made TDS Payment for all the quarters do I have to pay interest amount and late fees payment under sec 234E.
Yes, you have to pay interest amount and late fees payment under sec 234E.
I HAVE WITHDRAWN MY PF IN MAY 2019 BUT MY TDS WAS DEDUCTED. I HAVE FILED MY NIL I.T RETURN IN JUNE 2019.
PLEASE INFORM WHEN I WILL GET MY TDS BACK?
OR I HAVE TO AGAIN FILE NIL INCOME TAX TO CLAIM REFUND OF THAT TDS AMOUNTWhile Return Filing, What had you selected the TDS refund option on TDS tab
In franchise can we claim Input Tax Credit on Brand? If yes then How and If No then why?
HSN Code 62064000, GST Rate – 18%, Please the same to GST practitioner
What is the HSN code and GST rate for Frankie? in case of franchise ?
Dear sir, i paid tds with wrong tan no. by online payment through sbi.nsdl advice to contact to ito[tds] for correction and i request ito[tds] for correction and same accepted by ito.please advice me how to check that my request has been processed as detail in challan of tds payment can not be changed as per nsdl.please advice me as tds return filing date is coming near
Is offline correction the TDS Return for error type of “Invalid PAN” possible? kindly suggest the way to rectify the error “invalid PAN”.
Yes Sir, Offline Correction of TDS Return for error type of Invalid PAN is possible by requesting Conso file
WHAT WILL BE THE LATE PAYMENT INTEREST RATE ON TDS FOR MONTH MARCH 2020 DUE TO COVID -19 PANDEMIC. IF MARCH TDS IS PAID ON JUNE 2020.
REGARDS
0.75% Per Month or part of the month
If you have to pay the TDS amount of INR 10000 which you had deducted on March 15th. But you paid this TDS after the actual date of TDS deposit, on June 19th. So, the interest will be calculated as INR 10000 X 0.75% per month X 3= INR 225.
Hello,
one of party has invoices has for PP bag having HSN 3401 with charging TCS@1%.
I personally dont think there is applicability of TDS on such transaction.
Just want to understand does it attract TCS ?Dear Sir,
I am planning to buy a property (a residential flat) jointly with my wife with agreement value below 1.00 crore. Now I want to know whether I will be liable to deduct TDS on agreement value
Yes, you are liable to deduct TDS on agreement value.
Actually, I did not pay TDS of Quarter 4 FY 19-20 in April so I need pay in May 2020 so what interest amount will be charged
Interest will be charged at the rate of .75% per month.
Dear Sir,
Please let me know the Tds Payment deposit due date. Mar-2019 Payment deposit -date,
TDS Payment deposit due date for March Month is 30th April
If we deduct the march -20 TDS and deposit the same in May-2020. then the interest of 2 months will be charged or 1-month int. we have to pay?
please guide with below example/ march-2020 TDS payable Rs.100. TDS payment made on 10th may. How much int. will charge?Interest for 2 months will be charged at the rate of 0.75%
But the department already started issuing notices for short payment of interest. For March month liability I paid interest for 2 months @ .75% *2m , but I received a notice to pay at 3% (i.e 1.5% *2m).
Yes, the interest rate of .75% per month will be charged for late payment of TDS for march month.
Yes. We have also received similar notices in a few cases. Right now mailed to TDSCPC with our working & reference to reduced rate announcement.
Here, for 3 months should be charged right or 2 months. I think March, April and May, 3 months to be charged right?
Please tell me the TDS payment due date for the month of March-2020. If we paid late what is charges of interest.
Last date for TDS payment for the month of march is 30th April 2020 for no govt deductors and for govt deductors due date is 7th April 2020 with challan and same day in case of payment through book entry.
Hi Sir,
Could you please confirm that, What is the last date of filing the TDS return of Salary 24Q Q4 2020?
The last date of TDS Return of 24q for Jan 2020 to March 2020 is 30th June 2020
Please confirm whether the 24Q filing date extended to 30th June from 31st May. And also please confirm the due date to issue Form 16.
Yes, the last date to file form 24Q is extended to 30th June 2020 and the due date to issue form 16 is also 30th June 2020
filing ITR1 DUE DATE
Sir, whether the digital signature is required for TDS return filling in form 27Q and for TDS certificate 16A purpose please guide me
Digital Signature is required for TDS return filing 27Q
It is required for form 27Q filing.
Sir, what is the last date of tds return filling of form 27Q for quater 4
“The last date of TDS Return of 24q for Jan 2020 to March 2020 is 30th June 2020”
It is required for form 27Q filing. Thanks
Sir, How can we generate Form-16 on the same day of return filing i.e. 30/06/2020.
You can download form 16 after processing of return.
Hello, Please arrange to provide the following due dates :
1. Due date for March.2020 TDS deposit other than 192A/B (Salary) if it has extended from 30th April, 2020?
2. Due date for GSTR 1 & GSTR 3B for the month March.2020 (Monthly Filer).- The due date for March 2020 TDS deposit is 30th April 2020 however due date for government deductors (paying through challan) for march 2020 is 7th April 2020
The due date for GSTR-1 for the month of March 2020 is 30th June 2020
Due Date for GSTR-3B is 24/06/2020 for Turnover > 5 Crore, 29/06/2020 for 1.5 crore
What is the due date for filing Form 26QC i.e TDS on rent of the property? Is there is any extension in due date for March 2020, due to COVID-19? And if return filled after 30th April 2020, then what is the rate of interest charged, and the amount of late fees.
There is still no clarification from the department regarding the extension of the due date of Form 26QC. However, if the interest is charged it will 0.75% per month and for more clarification. please contact the department.
TDS payment in March 2020 what’s the exact date. Can we not get the extended date reason for covid19
Due date for payment of TDS for March month is 7th April 2020. There is no extension of due date of payment for TDS.
Due date for payment of TDS for March month was 30th April 2020.
Yes, the last date for TDS payment for the March was 30th April 2020 for non-govt deductor.
What is the last date of payment of self-assessment tax for 2019-20 without any penalty or interest?
There is no exact date for the payment of Self Assessment Tax. If you are filing your return of income before the due date and depositing the self-assessment tax before the due date of filing of return then there will be no Penalty charged, however, for interest advance tax must be deposited on time (if you are liable for advance tax)
We filled 27Q (Payment to NRI) return on 27 May 2019 for Quarter 4 of FY 18-19. There was a transaction where PAN was not available. Now we want to reduce the Amount of Payment as well as TDS in that transaction since at the year-end TDS deducted on provision whereas later on actual amount comes lower side. As of now also, we don’t have PAN of that party. How we can do that?
Sir, In this case, you can change only 3 things i.e. PAN Number, Payment amount and payment credit date. There is no option to change the TDS amount.
Sir March 2020 Tds Payment Date jo ki 7 April h Kya ye change hui h plz reply me
Sir, can we correct the TAN on TDS challan which is wrongly entered, if yes plz tell me the procedure of the correction.
For correction of TAN in TDS challan. please contact to bank
What is the last date to deposit the tax by a govt organization deducted from the salary of March 2020?
Answer:- Last date to deposit tax deducted at source by govt organization for the month of march:-
1. if the amount is paid through Challan then it should be credited to the central government by 7th of April 2020 and
2. if tax is paid without production of challan then the amount should be credited to the central government on the same day on which tax is deducted
Sir, I am holding a TAN number for my business. I am into the dealership of construction equipment. If I sales machine then I pay the
TCS and file the return, But if I didn’t sale machine for a couple of months then do I need to file TCS return.Sir, if you are registered then you can file declaration for non-filing of return for the particular quarter.
Sir, we want to deduct monthly tax on rent, so we have to file monthly return for TDS also. please describe the due date is 7th day of every month for monthly TDS for return file.
Tds on Rent deducted on a monthly basis can be deposited to the government by 7th of the following month.
TDS returns are due every quarter. The due dates for all the TDS returns i.e. Form 24Q, Form 26Q, Form 27Q and Form 27EQ are the same and as follows: Due dates for filing TDS returns:QUARTERPERIOD —–LAST DATE OF FILING
1st Quarter– 1st April to 30th June– 31st July 2019
2nd Quarter– 1st July to 30th September– 31st October 2019
3rd Quarter– 1st October to 31st December– 31st January 2020
4th Quarter– 1st January to 31st March– 31st May 2020
We deducted TDS on salary 6 months before we get a TAN number. How could we deposit the TDS and return file for those months
You cannot deduct TDS without holding a valid TAN.
But as per IT Act, Company has to create TDS liability, now for suppose after becoming applicable company took about 2 months to get the TAN number within which due date for filing TDS return also expired…
Now can they pay TDS on the previous months liability with interest and can file the return with all the late fees?
Yes, you can file the tds return with late fee and pay tds liability with interest.
I am a tax deductor. I have received Form 15G from some deductees for the period 01.01.2019 to 31.03.2019 but I have not filed Form 15G with Income Tax Department. As the last date for the same was 30.04.2019, what can be done now?
Contact Traces department for assistance.
Dear Sir,
I have Purchase as immovable property on 10th march of 2019 value 77 lac as per agreement but Registry will be after 10th of April 2019. 40 lac sanction by bank so I was paid 37 lac -77,000( TDS 1% of 77 Lac) in this month. So please suggest me Income Tax Guideline Because.
1. I was Paid Only 3,700,000 and TDS Deduct on 100% But not pay till date.
2. Which Date Select on TDS Payment on Portal Agreement Date or Registry Date.
3. TDS Intreast Rate & Date of Late PaymentKindly Suggest me
1. Tax is to be deducted on the date of credit of such amount or date of payment, whichever is earlier . So in case you have paid only 37 lacs then TDS is required to be deducted only on 37 lacs. Balance TDS will be deducted at the time of making payment of the remaining amount.
2. Agreement date is required to be mentioned in Form 26QB,
3. TDS is required to be deducted @1% and has to be deposited within 30 days from the completion of the month in which TDS was deducted.
Dear
I want to learn TDS And TCS but how to gain my knowledge. please guide me.
We were depositing TDS in the name of Vodafone services Limited From Jan’18 as we were using the services but after merger of Vodafone & Idea they changed their Name to Vodafone Idea cellular Limited from Aug’18 onward. Accordingly, they have changed their GST no and PAN no in Bill but bank acct was the same. Vodafone was the regular vendor, hence our team didn’t check their PAN no and submitted TDS & GST in old Vodafone PAN & GST no-till Jan’19. Now we found the mistake how to deal this matter as we submitted TDS & GST return up-to-date
You have to file the correction statement of TDS by modifying the pan of deductee. In GST, since this is a purchase transaction you must have not shown it in GSTR-1 unless it is under RCM.
For TDS You can revise the Return any time. Revise the return and change the PAN No.
We are not filed our TDS return FY18-19 on time for Q1,Q2 and Q3. What we can do now?
AS PER TDS RULE YOU HAVE TO SUBMIT AS SOON AS POSSIBLE WITH PENALTIES AND INTEREST.
THANKS
GAUTAM
I am the sole proprietor of a consultancy firm without any employee with an annual turnover of around 10 lakhs or so. I am paying GST regularly. Just to boost up the work, I employed one sr executive for 3 months, May, June, July 2018. As I was having TAN Number, I deducted TDS of Rs 9250 per month from his salary and deposited the same using TAN number under the major head – Non Co Deductee (0021) Major Head – TDS/TCS payable by Tax Payer (200), Nature of Payment – the non-govt employee for AY 2019-20. As I was not aware of the quarterly 24q return, I missed the same. The employee is asking for a TDS certificate. Please guide.
You first need to file form 24Q for the concerned quarter with a late fee and then you can request for Form 16.
TDS 2018-19 3rd quarter return filling version. Please tell me us.
fvu 6.0 (AY 19-20, 3rd qtr)
May I deposit TCS of F.Y.17-18 in current year f.y.18-19 and could I take benefit in my ITR of F.Y.18-19.?
Sir, I am taxpayer and tax deducted in my Government office, last financial year I had paid 500/- tax, it is first time to pay and deduct tax, in this year I should pay Quarterly or Annually sir.
TDS is deducted on a monthly basis and self-assessment tax can be paid at any time before the end of financial year.
Dear
I want to learn TDS And TCS but how to gain my knowledge plz guide me
Go to youtube and watch several videos are there to learn anything.
I have retired from the UP govt. service in June 2014. My erstwhile employer committed a mistake while filing its Income tax TDS return for the financial year 2017-18 showing that a payment of Rs. 1,79,165/- have been made to me and TDS of Rs.8,952/- has been deposited whereas this amount has been paid to another employee. I have come to know this mistake while I viewed Form 26AS.
Please advise how to get it corrected as the last date for filling the return of FY 2017-18.
The employer needs to revise his TDS return. Once his TDS correction is processed, the entry will be automatically removed from your 26AS.
Sir, payment for an employee for the month of Mar 18 was paid on 28 Mar 18 and accordingly TDS challan was also deposited to bank on the same date i.e. 28 Mar 18 but the bank has submitted the challan on 04 Apr 18 to Income Tax Department. TDS for the fourth quarter of 2017-18 has been filed without taking into account the challan that was deposited to Income Tax Department on 15 Apr 18. Now one of the employees has queried regarding non-reflecting of TDS for the month of March 18 in his PAN.
My question is whether the TDS deducted on 28 Mar 18 but deposited to Income Tax Department on 04 Apr 18 by the bank should be filed along with the fourth qtr of 2017-18 or first qtr of 2018-19.
You need to show this entry in the fourth quarter of FY 2017-18 only.
Sir, This is for fourth quarter (Q4) A.Y 218-19
DO WE HAVE TO SUBMIT FORM 15H THIS YEAR ALSO. MY INTEREST INCOME IS BELOW 50000. SHOULD SUBMIT FORM 15H. I AM A SENIOR CITIZEN. I DONT WANT BANK TO DEDUCT T.D.S ON INTEREST
The form has to be submitted on yearly basis, so for no deduction of TDS by the bank, you have to file that form.
TDS deducted by govt agencies on 15.4.2018, for the month of Feb-2018 Salary( DTO), means Feb-2018 salary received on 15.4.2018, due to non-submission of form16, they hold the salary-Feb-2018, now my query is TDS deducted on 15.4.2018m and made book entry on the same day, now which year TDS return should be filled either Fy2017-2018 or 2018-2019, please provide solution.
TDS entry should be shown in quarter IV of FY 2017-18.
WE AS A PARTNERSHIP FIRM SUBMITTED 15G OF OUR DEPOSITOR FOR QUARTER-1 THEN IT IS NECESSARY TO SUBMIT 15G ONLINE EVERY QUARTER WHEN INTEREST PAID?
I DEDUCTED TDS ON 31.03.2018.
I PAID TDS ON 29.05.2018.PLEASE TELL ME HOW MANY MONTH INTEREST PAYABLE. (THREE MONTH OR TWO MONTH)
3 months interest
As per the act, 3 month’s interest would be charged.
3 months
I do work for an online teaching company for job-based payments (no salary and the total amount involved is less than Rs one lakh per annum). I am paid regularly before the 10th of every month. Every month the company deducts 10% TDS and pays it promptly to the IT dept.
The problem is with the tax consultant of the company who likes to lump all payments into the last quarter of the year by giving false payment dates and file returns only by the last day in the month of May of the AY. I spoke to him and he refuses to do things systematically. I don’t like this kind of falsehood even though government gets its money in time and my 26AS shows the tax deducted. Is there any way out or I live with the harassment of this ‘professional’? I am a senior citizen with a taxable income of less than 5 lakhs.
You can file a grievance on income tax website or you can write a mail to ITD.
I am a cost accountant. I am using various credit cards and I am paying the min. amounts every month against my cards. All bankers are charging GST on Interest Portion in my card. My question is, How can I claim GST(Input) against my cards.
Please clarify.
If you are using credit cards in regard to your profession then you can claim the ITC on output tax liability.
Hello sir I filed my I.T amount through e-filing for the assessment year 2016-2017 without making T.d.s.now notice came that tan number is mismatched. Now, what can I do? What is the last date to make t.d.s for the assessment year 2016-2017
Please clarify your query.
We are not filed our TDS return FY17-18 on time, what we can do now?
You can file the return with payment of late fee and interest.
in that particular case what will be the ultimate date for a fy 2017-18
ONE EMPLOYER HAVE DEDUCTED TS OF ONE SALARY EMPLOYEE TWICE IN MARCH 2018 FOR MONTH OF MARCH 18AND PAID TDS BY DIFFERENT CHALLAN. SALARY OF EMPLOYEE IN MARCH 18 IS rS 52308 AND 1ST TDS DEDUCTED RS 4500/- PAID BT CHALLAN NO 0003 ON SAME DAY OF PAYMENT OF SALARY. NEXT TDS RS 1200/- DEDUCTED FOR the SAME EMPLOYEE IN MARCH AFTER 5DAY ON REQUEST OF EMPLOYEE TO DEDUCT MORE TDS AND SAME ALOS PAID IN MARCH 2018, NO FURTHER SALARY PAYMENTS IN MARCH. IN SHORT, BOTH TDS ARE DEDUCTED IN MARCH AND PAD BY DIFFERENT CHALLAN IN MARCH 18 FOR MARCH SALARY RS 52308.
QUESTION IS AS TO HOW TO SHOW BOTH CHALLANS FOR ONE payment IN 24Q FORM IN MARCH 2018.
THANKS
N J TILARA
Break the amount of salary credited to employee according to the challan amount for filing 24Q.
DEAR SIR,
I AM 4TH QUATER CHALLE PAID IN INTEREST… PAID CREDITED DATE AND DEDUCTION DATE WHICH DATE ADDING
No deductee detail is required to be entered in interest challan. Just add the relevant challan with necessary challan details.
Notification No. 09/2016 dated 9th June 2016 wide F.No.DGIT(S)/CPC(TDS)/DCIT/15GH/2016-17/4539 has specified the due date of 15G/15H as below:
(a) The due date for quarterly furnishing 15G/15H declarations received by payer from 01.04.2016 onwards shall be as given below:
Sl. No.Date of ending of the quarter of the financial yearDue Date
(1) (2) (3)
1. 30th June 15th July of the Financial Year
2. 30th September 15th October of the Financial Year
3. 31st December 15th January of the Financial Year
4. 31st March 30th April of the Financial Year immediately following the financial year in which declaration is made.Kindly clarify where it is written as 15th of April is the last date to submit the 15G/15H forms???
We have updated the actual due date.
I work from home online and I have been having TDS cut every month since June 2017 (10%) but I don’t come under the tax bracket. I want to file for claiming the TDS amount now. What should I do?
I thought I had to wait till march to claim the TDS amount. Please let me know.
regards
HarishAs you have TDS deducted, so for claiming the refund you have to file ITR for F.Y. 2017-18 on or before 31/07/2018. As if now no new ITR forms have been released by ITD, so you have to wait.
Hello sir,
From which date we can file ITR for AY 18-19? Default due date is 31.07.2018 but what is it’s starting date? As it is not showing AY 18-19 on the website for filling respectively ITR.
As soon as IT dept. will release ITR forms for AY 2018-19, then you can file the returns.
Sir,
My employer deducted TDS from my salary and information got that employer not submitted to it department yet, I also checked on it website .now what to do? if the last date will over then how can employer manage it and what is the last date?
Last date to file Q4 TDS return is 31/05/2018, and if the TDS amount is not reflected in your 26AS then you need to contact to your employer.
Thank you so much for your reply.
Do you know when the ITR forms for FR 2917-18 will become available?
Is there any particular site from where it can be downloaded. And where should they be submitted? Can we submit the form online once it is available?
Do please let me know.
Regards
Harish MCBDT released new forms on 05/04/2018, you can find them on incometaxindia e-filing site.
Do I have the fill the ITR2 form? is that what I come under. Because I work online, so I am paid a contract salary. I do not have any other income source. And I also want to claim tax refunds from June 2017 to March 2018, as TDS was cut every month, but I don’t yet come under the tax bracket. Please let me know what to do. Awaiting your reply.
Regards,
Harish M.If you have purchased during the tax period then you need to file ITR-2
Sir He’s talking about the income tax return, not GST return, if you want to file itr-2 then you have to wait because for a/y 2018-19 department not released the form for itr 2 till now and if your income is only for salary then you can file ITR 1.
Hello,
Thank you for your reply. I work from home online [correspondence and stuff] its a contract job with a salary. I have not purchased any goods or run a business. I have been TDS deducted since I joined the job. Which form should I fill now to claim TDS refund and is any other form going to be required please from my employer? Please advice me on what to do?
Regards
Harish M.You may ask your employer to serve you form 16. ITR 1(SAHAJ) can be filed.
YOU HAVE TO FILE YOUR INCOME TAX RETURNS THEN YOU GET REFUND.
Yes agreed.
You should obtain Form 16/16A from deductor after 31 May and file the return before the due date to claim the refund of TDS deducted.
Yes agreed.
From where can we obtain Form 15G, please.
Many banks allow these forms to be filled online on the bank’s website. Otherwise, you may ask the bank for a copy of blank form 15G.
For making the payment towards demand raised against the late filing of TDS return, whether the digital signature is required? Weather for the filing of TDS return or for revising TDS return DS is a must?
For AY 2012-13 our housing society wrongly filled the status code of the society as 6 instead of 5 .meant for AoP due to which CPC calculated the Tax liability @30% as applicable to the company and raised a demand of Rs60000 whereas our tax liability was zero. How to get the mistake rectified now. Is Digital signature required to file the revised return or to submit reply online?
Our Company registered on 15th Nov 2017. I want to file TDS Rtn for our company employees for the first time and so please guide me how to file the Rtn step by step.
Hello, My employer deducted monthly TDS amount for the period of May 2017 to Oct 2017. Now I got Form 16A and also I registered on incometaxindia.gov.in. but I am not getting reflecting amount under Form 26AS.
please let me know what is missing and let me know how to fill ITR process.
If the Tds deducted by your employer is not getting reflected in your 26AS then may be possible that your pan was quoted wrongly in TDS return so you can check your PAN in the TDS certificate given to you and if it is wrong then you can ask your employer to revise the TDS return.
Hello, PAN id is correct in FORM 16A. Please let me know more related to this one.
Contact to department.
Hello, Yesterday I filled ITR successfully when I mean in how many days, I will get amount credited to my bank account.
Thank You
Once your return is processed by the department, your refund will be issued. Normally it takes 15-20 days for processing of return.
How to fill IT returns? Firstly I don’t have any knowledge on that. My processing company charges me some percentage of TDS. I want to claim that and get the refund. How do I do? I would really appreciate your earliest response.
You have to show the income of processing fee in the respective head of income under ITR and then you can show your TDS entry in ITR then you can claim the refund by filing ITR return for the respective head.
Please check out that PAN number is correctly written in the TDS return filed by an employer.
Hello sir/ma’am
I am a student and I have earned nearly 20000 rs from affiliate services of Flipkart and Amazon last year on which they have charged TDS on each of my payment. So as this is my only source of income. Is there some way to claim this income tax deducted by them back.
For claiming the refund of TDS, you need to file the ITR for the concerned period.
Yes, you can get the refund of the TDS deducted by them after filling your Income Tax Return.
Yes agreed.
Yes, you can claim back in two ways,
One is You can file Income tax return on regular basis, or the Second one is you can file lower deduction certificate,
if someone has not filed e-tds returns for the last financial year 2015-2016, and now wants to regularize it, what is the remedy, what would be the penalty charges?
Delay in the filing of return will attract the late fee of Rs. 200/day, but the amount of late fee is limited to the amount of TDS to be reported for the concerned period.
I have income from rental only , please tell me how can I file income tax and how to take form no 16 / 26a
You can download the 26AS from the traces website if any TDS has been deducted on your rental income and then you can file your ITR from the https://incometaxindiaefiling.gov.in/ website. If no TDS has been deducted on your rental income then you can directly file the ITR.
If the TDS return on the sale of immovable property in August 2017 is not filed by the buyer by 31st October 2017, what is the remedy for the seller?
Now you can file the late return under form 26QB for August after 31st October 2017.
I am aware that late return can be filed with a penalty.
My question was different: if the buyer is not cooperating to file the return, what is the recourse to the seller to get his due credit?
Are there some grievance redressal mechanism available to the seller?
Thank you
Your Right to revoke your deal and refund amount due to valance of the statutory requirement.
I am a government employee. I have not returned TDS filing of 21-Non-Company (Pay of contractors and subcontractors) since from April-2017 to till date Due to lack of knowledge in this field, now I have to do return filing, How much Fine i have to pay for filing now? please guide any other option to avoid penalty.
You have to pay the late fee of Rs. 200 per day.
Last date for filing second quarter for a govt employee
Thank you sir,
Sindhu
LAST DATE FOR FILING TCS RETURN FALLS ON SUNDAY 15TH OCTOBER 2017 WHETHER CAN BE FILED ON 16/10/2017 WITHOUT PENALTY.
yes, it can be filed on next day i.e 16th oct 2017 without penalty.
Thank you so much for giving me such important information
if any gov employee fill the tds after 31 st july then will any money be deducted from refundable money ？？？？？ plz suggest
No money will be deducted from refundable money. Interest provisions will apply
Due date for 15G/H for Mar ending quarter is 30th April, Please check again.
WHAT ARE THE MONTHS THAT ARE TO BE INCLUDED IN RETURN OF SAY JULY OF THE TDS
Please clarify your question
How to Rectify the income details in ITR fy 2017-18 which was filed in April 2017 and successfully E Verified
If your return is not processed then you can revise your ITR u/s 139(5).
Hi,
Can anyone guide me how to download the last form 16 , as I have applied for loan they are asking the document.
As I am salaried , let me know the procedure.
Thanks in Advance
You have to ask from your employer for form 16 as they (employer with the TRACES account) can download form 16 in PDF format. They can download these forms for any given period so it should not be a problem for them if they are willing to help you with your Form 16.
If this doesn’t work out, no need to worry. You can always login to your e-filing account onIT Department websiteand download the tax credit statement 26AS. This form contains the details about taxes deducted by your employer, year of deduction, employer name, etc. You can claim the credit for the TDS which is available in 26AS.
Ask your company
they will provide you
you cannot download the Form 16 as it is download from Traces with ID Password of Company
Mention Due date for filing Quarterly TDS Return Financial Year 2016-17
TDS Last Dates of FY 2016-17
1st Quarter – 31st July, 2016
2nd Quarter – 31st Oct, 2016
3rd Quarter – 31st Jan, 2017
4th Quarter – 31st May, 2017
I WANT TO KNOW LAST DAY WORKING HOURS
very Nice
Sir,
March 2017 month TDS deposit due date is 30th April 17 but 30th April 17 is fallen Sunday. Can I deposit TDS on 1st May without any interest.Surendra Singh
If the late date of payment falls on holidays than the due date becomes the next working day of the following date.
up in senario date is given 31/06/ that is wrong .
ple. correct this mistake as 30/06Updated
Good..!!
CAN EXTEND THE QUARTER 3RD DUE DATE because system error today.
What is the due date of tcs payment for march 2017. also send me the notification
INCOME TAX RETRUN FILES AS 16-17 LAST DATE 31-3-17 YA 31-3-18 PLESE URJENT INFORM
31st March 2018
when is the last date for salary tds bill submission in march 2017
No last date. Its depend on the company to company.
Hi
I need my employers’ name on form26AS. My employer has applied for TAN, what will be the timeline of proceedings if I want my form 26AS updated with my employers’ name at the earliest. Please help. ThanksIt will take time around 10-15 days
1% TDS PAYMENT AGAINST IMMOVABLE PROPERTY PURCHASE PAID BUT HOW TO REFLECT IT IN MY RETURN
Form 26QB is a Return cum challan form which is to be submitted by the buyer of the property along with the payment of TDS.
Nice
Hi,
My FD matured at the end of Nov 2016 and then auto renewed. But due to me being unaware of having to file a 15g form again, the TDS got deducted for the month of Dec. I’ve filled my form with the bank now, but when I asked for a TDS certificate, they said I should collect that in the month of May 2017.
Please help answer if that is right? And when to file ITR online to get a refund. I’m new with these taxes and this FD is my only source of income. What other document would I need to get a refund.
Please help.
ThanksSir, if your TDS is deducted by the Bank and you have late file 15G form. In that situation, there is no use of that 15G and now you can take refund only after filing of the return on due date.
Does that mean the tds will keep getting deducted every month by the bank till I file 15g again in the month of april 2017?
Hi,
Is there any changes in TDS deposit date also. 7th to 15th.???
Please confirm
Thanks & regards
Amit Papneja
No changes
Thanking you sir,,
This is good news,
I’m very glad from this information,Thanks
Sir I want to know when filling TDs return of fy 2016-17 due date
Sir pls tell me DTS payment due date
And e-filling of TDs return due date new updatingPlease, read the page carefully.
How 15G/15H uploaded for a deductor. Please guide me.
Please read a helpful guide on Form 15G and 15H and How it Save TDS on Interest Income?
What is due date for uploading 15G/H as an Deductor
15th of every quarter ended like for April to June quarter due date of uploading 15G/ 15H is 15th July.
THANKS
Thanks for updates
WHAT IS THE RIGHT DUE DATE OF TCS RETURN FOR THE IST QTR.2016-17
File Quarterly return of TCS on 15th July, 2016 (Quarterly Month – 1st April to 30th June).
Is there any official notification for the same? I searched on NSDL & Income Tax site but unable to find the same.
Please check the notification here: http://blog.saginfotech.com/wp-content/uploads/2016/05/notification30_2016.pdf
It’s very helpful sir
HOW TO FILE E TDS ONLINE FILE
Follow the instructions: http://blog.saginfotech.com/new-approach-to-file-tds-returns-online
what is the last date of TDS return filling date for Q1 ? if unable to filling TDS return on last date, please tell me penalty for the same.
What is the due date if TCS return for 1st qtr.
TCS return due date is 15th July, 2016 for first quarter (1st April to 30th June)
Hello sir
Rs.1580 tds deducted by Sahara city home on maturity of my deposit in April 2015 but they had not deposit the same with income tax as this amt not reflect in my 26AS.
How can I claim the same in my itr.
Thanks
Vishnu agrawal
Hello Sir,
In this case you can not claim the credit of TDS amount until the Sahara India will not deposit your TDS Amount.
Company propriter return filling for q1 last date please tell
It is the same, please read the post carefully.
ETDS Return last date 31st July16 for 26Q & 24Q for all type deductors,i.e.Company,Non Company,Trust,firm etc.
Pl. confirm
Yes for all.
I want to buy income tax, roc, balance sheet and tds return filing software. Is it available. What is the cost? How much is yearly renewal cost? is there any package available to buy all at least price? Let me know operation system requirements, updation of the software with amendments form time to time.
We suggest Genius Software for income tax, balance sheet and tds, Download free demo here: https://saginfotech.com/Genius.aspx
For ROC – GEN CompLaw without XBRL
When is the Last date for filling of TDS return for the June qtr of F.Y 2016-17
31st July, 2016 (Quarterly Month – 1st April to 30th June)
It is very help full to know the due dates for submitting the etds file
THANKS U SIR, For Information
WITH REGARDS
B S Tiwarithank u sag for inform quarterly e-tds return filling
Anyone can provide me link of Notification which is showing Updated Due dates for TDS return filling A.Y. 2017-18.
Here is the link of notification: http://blog.saginfotech.com/wp-content/uploads/2016/06/notification30_2016.pdf
Dear Sir,
Mention Due date for filing Quarterly TDS Return
As per notification dated 29th April 2016 Due date for TDS return submission is :
Apr-June—> 31st July
Jul-Sep—> 31st Oct
Oct-Dec—> 31st Jan
Jan-Mar—->31st Maysir if i have a FD in a bank then how many time I have to submit the form 15G/H.
Normally TDS is deducted by the bank at the end of the year so you can submit the 15G/H upto 31 march
DEAR SIR,
DUE DATE FOR FILLING TDS RETURNS ARE AS UNDER:-
07 DAYS OF THE EVERY MONTH FROM THE QUARTER ENDED.
due date of tds deposit for 2016-17??
Thanks for your valuable feedback .You are right on your part.That was written by mistake as per rule 31aa of income tax act old provisions are applicable.
THANKS FOR INFROM
Due date for tcs return has not been changed. Only rule 31a has been changed according to the notification. Rule 31aa for tcs return has not been changed.
sir
plz tell me about form 16b
You can read it here – Benefits and Components of Form 16- Form 16A, Form 16B
THANKS U SIR, For Information
WITH REGARDSWhat is the due date for submitting TDS Certificate form 16?
No due date of Submitting TDS Certificate form 16.
Due Date of filing Quarterly Form 27EQ (TCS) is not changed. It is still the same. i.e. 15 July, 15 Oct, 15 Jan and 15 May.
Please check“As per new rules, discrimination between Govt deductor and other deductor has been removed and single due date has been prescribed for Govt as well as non-govt deductors as per table shown below.
Due date ETDS return 24Q, 26Q 27Q and Form 16 ,Form 16A for Financial year 2016-17 for Govt as well as non Govt deductor (notification 30/2012 dt 29/04/2016)
Sl. No.| Quarter ending | E-tds return Due date | Form 16A Due date
1 | 30th June | 31st July | 15th August
2 | 30th September | 31st October | 15th November
3 | 31st December | 31st January | 15th February
4 | 31st March | 31st May | 15th June(31st May for Form 16)Point to Note:CBDT has amended the due date for filing form 24Q (tds on salary) for last quarter of the year to 31st may of next year but the same date has also been fixed for Form 16
(tds certificate), which is not in line, so in our view due date to issue form 16 should also be increased to 15 days from 31st May i.e. 15 June.So you will soon see a new notification with in FY 2016-17 to amend the due date to provide form 16 also.
Change in due date for filing form 24G
As per rule 30 of Income tax rules, In the case of an office of the Government, where tax has been paid to the credit of the Central Government without the production of a challan, the Pay and Accounts Officer or the Treasury Officer or the Cheque Drawing and Disbursing Officer or any other person by whatever name called to whom the collector reports the tax so collected and who is responsible for crediting such sum to the credit of the Central Government, shall file a return on form 24 G within ten days from the end of the month.Now the period has been extended to 15 days for all months except march. For march due date to file
form 24G is 30th April.Further now form 24G must be filed with digital signature.
Similar requirement has also been applicable for form 24G in case of Tax collected as source.”
Hi Krishna,
How can Form 16A be issued before filing of return.
It is not possible to issue Form 16A without filing TDS return.
no
its not at all possible sir
hello sir
thanks for the information but how it is possible that if we submit the return on 31st july and we issue tds certificate on 30th july2016 31st oct2016 30th jan2017 and 31st may2017After uploading quarterly tds return you can generate form 16A, 16B or form 16 within 15 days of uploading your return but if return is not filed then you can not generate form 16/16A/16B.
1Qtr tds certificate issue on – 15aug 2016Next is 15nov 16 next 15feb17 and last Qtr 15june 17 because last Qtr returns due date is 31may 17
Due date of issuing form 16A will be 15 Aug, 15Nov, 15 Feb and 15 June.For Form 16, it will continue to be 31 May
Please check the notification here: http://blog.saginfotech.com/wp-content/uploads/2016/05/notification30_2016.pdf
THANKS FOR INFORMATION TO US
If on last day there is government holiday like 15 Aug.2017 then what is the due date of issuing form 16A For F/Y 2017-18.
Dear sir,
When I am submitting the income tax return form it is asking for EVC (electronic verification code). I tried to generate it through net banking but it is saying no PAN mapping, as my PAN is not linked with the account. So is it necessary to link PAN with the bank account? Is there any other option please tell me.
Dear Sir,
Thank you for this information.
Regards,
Ramesh
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