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

471 views
User Avatar

ACCOUNTANT
447 Points Posted on 30 July 2020

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

0 Reply Share Follow
On 30 July 2020 at 14:15 Report
Replies (4)
Quick Summary
This discussion clarifies the due dates for the first and second quarter TDS returns for the Financial Year 2020-21. It highlights that these dates were extended to 31st March 2021, as per government notifications. The thread also warns about potential late filing fees if returns are not submitted by the original due dates, and notes a peculiar situation where the Q3 due date appears to fall before the extended Q1 & Q2 dates.

User Avatar

Tax and Business Consultant
11616 Points Posted on 30 July 2020
Due date of TDS return filing for Q1 & Q2 FY 20-21 is extended to 31st March, 2021.
Reply
On 30 July 2020 at 14:35
User Avatar

ACCOUNTANT
447 Points Posted on 30 July 2020

If there are any Govt. notification please send link.

Reply
On 30 July 2020 at 15:06
User Avatar

Tax and Business Consultant
11616 Points Posted on 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
Reply
On 30 July 2020 at 17:28
User Avatar

Manager Audit & Taxation
413 Points Posted on 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.


Read more at: https://www.caclubindia.com/forum/due-date-of-1st-qtr-tds-f-y-2020-21-552921.asp

 

Reply
On 31 July 2020 at 21:08

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. GST Refund on payment to builder
  2. TDS u/s 194Q on electricity supply by DHBVN etc.
  3. Subject: Can I Apply for Fresh GST Registration on
  4. Additional place in GST RC
  5. Company 3 months old, INC-20A not filed, all 3 of
  6. How do I choose the Best GST Lawyers in New Delhi
  7. Loss on sale of residential flat after indexing al
  8. Short Deduction
  9. Large mismatch between AIS Business Receipts and G
  10. Income tax on Australian Stipendiary Steward on 3

More recent discussions | Post

Related Topics :

Loading