tds q4 2020 itr AY 2021-22 sft fy 2020-21 audit report and itr for audited assessees as well
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Quick Summary
Great news for tax professionals as due dates for TDS, ITR AY 2021-22, and SFT FY 2020-21 have been extended. This provides much-needed relief, especially given the challenges posed by the lockdown. However, it appears there is no waiver on the interest for late payment of TDS deducted.
There is extension of due date for filing return in the notification they don't talk about interest on TDS deducted that means if you pay lately you have to pay interest as well.