TDS deduction for 24Q FY 19-20

FM has released a press notification stating that no extension of FY has been declared. and

The due date for tds return has extended upto 30th june but we have to deduct applicable tds, and has to remit before april 30

Any default in this matter will leads to interest, and those. interest rates are reduced now

There will be no financial year extension. The FY 2019-20 will end on 31.03.2020.

TDS deducted for the month of March 2020 can be paid without any interest by 30.04.2020. However late payment of TDS can be made with lower rate of interest on late payment @ 9% upto 30.06.2020.