Due date for TDs return

This query is : Resolved

Nikhil Sharma (Querist)
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11 July 2020 Dear Experts.
Pls clarify the due date for filing TDS return quarter ending 31/3/2020.

Also clarify the interest rate on delay of TDs payment for section 194A & C

Thanks
Nikhil

CA ANKIT GADA

CA ANKIT GADA (Expert)
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12 July 2020 31/7/2020 and late payment interest rate is 18% p.a

Nikhil Sharma

Nikhil Sharma (Querist)
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12 July 2020 Sir!
Interest is 9% or 18%

Also as per recent press release from 14/05/2020 to 31/03/2021 TDs rate is reduced by 25% with relate to certain sections, whether this reduction has been notified or not if yes! Pls let me know the notification no.

CA ANKIT GADA

CA ANKIT GADA (Expert)
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12 July 2020 The reduced rate of interest of 0.75% for every month or part thereof will be charged for the period of delay.

If payment will be made after 30th June 2020 then normal provisions of act i.e 1.5% will apply.

Nikhil Sharma

Nikhil Sharma (Querist)
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12 July 2020 Ohkk! Sir
Reduction of TDs @25% has been notified or not

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