TDS Return Due Date

Tax queries 2178 views 4 replies

Aashish Jain

Student

103 Points Joined January 2009

Hi All,

Could anyone pls. share his/her knowledge as to what is the last date for submission of TDS return Form 26Q for Q4-2008-09??? The premise behind asking this is that as per the amendment made by the Finance Act 2008 u/s 40a(ia), all expenses on which TDS is to be deposited (basically 194C, H, I & J) will be allowable or deductible if the same is deposited in the govt. a/c till the last of filing return u/s 139(1).....So, if that is the case then suppose TDS pertaining to a particular expense is deposited on 30/9/2009....so in that case can we file 26Q till 15/10/2009??? I hope my question is clear to all. What will be the applicable Interest/Penalty, if any.

Awaiting ur reply.

Aashish Jain

Replies (4)

R.Suresh

Sr. Executive

394 Points Joined January 2008

Yes u can claim as expenses but u have to pay interest on TDS for every one month part thereon 1% for the tax amount.

Aditya

CHARTERED ACCOUNTANT

179 Points Joined June 2007

Originally posted by :Aashish Jain
"	Hi All, Could anyone pls. share his/her knowledge as to what is the last date for submission of TDS return Form 26Q for Q4-2008-09??? The premise behind asking this is that as per the amendment made by the Finance Act 2008 u/s 40a(ia), all expenses on which TDS is to be deposited (basically 194C, H, I & J) will be allowable or deductible if the same is deposited in the govt. a/c till the last of filing return u/s 139(1).....So, if that is the case then suppose TDS pertaining to a particular expense is deposited on 30/9/2009....so in that case can we file 26Q till 15/10/2009??? I hope my question is clear to all. What will be the applicable Interest/Penalty, if any. Awaiting ur reply. Aashish Jain	"

DEAR SIR , DUE DATE FOR FILING OF TDS RETUNR IN FORM 26Q IS 15 JUNE 2009. THEREAFTER YOU CAN REVISE THE RETURN IF ANY CORRECTION .

CA PARVEEN GAMBHIR

CEO

131 Points Joined May 2009

The due date for filing TDS return shall remain the same. One will be required to pay such TDS alongwith interest and file revised TDS return.

CA ANSHUL AGARWAL

Proprietor

35 Points Joined November 2009

hey can anyone let me knw d procedure for revised tds return...actly a tds return has been send wrng means crediting to a wrng PAN...plz let me knw at my id Anshul276 @ gmail.com....thnxxx