TDS notification postponed to 1st July

Thanks Jyothi for the information.

Thanks a lot.
 

Jyoti, can you provide the link for the same coz this is not yet updated on govt. website or can u give any reference from where got this informaiton?

hi Mohan

This information is available in others sites also or u can search by its press release no

or you can check govt. site incometaxindia.gov.in

Please find link for press release

https://www.incometaxindia.gov.in/archive/CBDTPressRelease_12052009_1.pdf

 thanks jyoti 

 So we can deposit without  epayment too??

Thank Jyoti

Not for all the deductor/depositor.

Company and person falling under section 44AB for auditing their accounts need to make e-payment.

Regards

Whether we have to pay interest on delayed payment ????????????

This was definitely on the cards. It was simply not possible to comply with the new requirements of TDS without adequate clarifications from the Department. If this requirement would not have been deferred, that would have lead to unnecessary hardship and haressment to the taxpayers. Lets hope next time CBDT will issue exact guidelines for the procedure to be followed for compliance of this TDS Notification before it becomes effective. Right now the Department itself does not have the mechanism to handle it.............leave alone the taxpayers.