Is there any Extension to TDS Return Due Date For Quarter 1 FY 2020-21
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Quick Summary
This discussion clarifies the due dates for TDS and TCS returns for the Financial Year 2020-21, specifically for the first quarter. While initial information suggested no extension, later updates confirmed an extension for TDS returns for Q1 and Q2 of FY 2020-21 to March 31, 2021, as per Notification No. 35/2020 dated 24.06.2020. The original due dates were July 31st for TDS and July 15th for TCS.
Ordinance, 2020 read with Notification No. 35/2020 dated 24.06.2020, the due date for furnishing the TDS statement for the first quarter of the FY 2020-21 gets extended to March 31, 2021 from the normal due date of July 31, 2020.
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