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Tds & Tcs Extension March 2020

Others 735 views 2 replies
There is any extension for Tds & Tcs payment for march 2020 .
Replies (2)
No...
But, Dept give some relaxation...

refer the following link

https://blog.tdsman.com/2020/04/covid-2019-no-change-is-tds-tcs-payment-dates/

There is no extension of TDS and TCS payments due date for March, April and May, 2020. However certain relaxation have been provided if the due TDS/TCS is paid by June 30, 2020.
1. No penalty will be levied.
2. No Prosecution will be launched.
3. 25% waiver of interest to be paid on the due amount of TDS/TDS paid after the due date but by 30-06-2020
4. Reduction in period for which interest shall be computed
Refer this article
https://www.taxcorner.co.in/2020/04/analysis-of-new-extended-due-dates-for-compliances-and-investments-under-taxation-and-other-laws-relaxation-of-certain-provisions-ordinance-2020.H T M L


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