Menu
TDS payment for the February 2020
Is there any date extended to pay the TDS instead of 6th of March 2020 for the February month.
Replies (4)
Quick Summary
No date is not extended in respect to payment of tax. Only the relaxation is given on account of interest need to be pay while making late payment of TDS. The rate of interest which is 18% in normal case has been reduced to 9% in case payment is made in between 01/04/2020 - 30/06/2020.
Yes... I agreed to Mr CA ABHAY GUPTA view...
@ Mr Boddapati Rajesh.,
No... Due date not extend for the month of Feb-20 TDS payment date.
@ Mr Boddapati Rajesh.,
No... Due date not extend for the month of Feb-20 TDS payment date.
No, there is no extension of due date for payment of TDS for any of the Month.
TDS liability which are due for payment from 20.03.2020 to 29.06.2020 if they are paid by 30.06.2020, then reduced interest rate @ 9% will be applicable.
In your case since the liability for payment was on 7th March, TDS to be deposited with late payment interest @ 18%.
Thank you everyone
Recent Topics :
- 70:30 GST rule for solar EPC: partial scope (struc
- TDS on Redevelopers hardship allowance received no
- Who will take FSSAI AND TRADE LICENSE: owner or te
- E Way Bill in respect of Without Bringing Material
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
- Gst file not created
- Regarding 3CEB query
- Omitted E-Commerce Sales Reported in Table 14 but
Related Topics :
CAclubindia
