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Due date of 1st qtr, tds F.Y. 2020-21

ABHIJIT MANNA (ACCOUNTANT) (444 Points)

30 July 2020

What are the due dates of 1st quarter TDS return for F.Y. 2020-21?

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4 Replies

Sagar Patel (Tax and Business Consultant) (11611 Points)
Replied 30 July 2020

Due date of TDS return filing for Q1 & Q2 FY 20-21 is extended to 31st March, 2021.

ABHIJIT MANNA (ACCOUNTANT) (444 Points)
Replied 30 July 2020

If there are any Govt. notification please send link.

Sagar Patel (Tax and Business Consultant) (11611 Points)
Replied 30 July 2020

Yes, Extended to 31st March 2021 as per Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance, 2020 read with Notification No. 35/2020 dated 24.06.2020

Valerian Dsouza (Manager Audit & Taxation) (405 Points)
Replied 31 July 2020

In the absence of any announcement of a change of due date in TDS Utility, the CPC may automatically charge the late filing fees of Rs.200/- per day if TDS statement for Q-1 of FY 2020-21 is not filed before 31/07/2020.

Secondly if we go by wordings of Notification No. 35/2020 dated 24.06.2020, Q-3 of FY 2020-21 due date falls on 31/01/2021, that's before the due date of Q1 & Q2, that's 31/03/2021.