What is TDS deposit date for the month of march-2020?

What is the Deposit date of TDS for the month of March for works contract?

Replies (5)
Quick Summary
The standard TDS deposit date for March 2020 was 30th April. However, due to the Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance, 2020, TDS payments for March, April, and May 2020 could be made until 30th June 2020 without penalty or prosecution. While the due date wasn't officially extended, this ordinance provided relief with reduced interest rates (9%) and a waiver on 25% of the normal interest.

Its 30th April

As per the Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance, 2020, the TDS for March, April and May 2020 can be paid till June 30, 2020 without any penal consequences. Though there is no extension of due dates but certain reliefs have been given in case one pays the TDS for these three months by June 30, 2020-
1. No penalty shall be levied.
2. No prosecution will be launched.
3. Interest shall be payable at 75% of the normal rate of interest. Hence, a waiver of 25% granted.
4. The period for which interest is payable is reduced.


 

The due date to Deposit TDS for the month of March is 30th April. The government has not extended the due date for depositing TDS however, the interest rate has been reduced to 9%. The FM issued Ordinance 2020, the Ordinance says " The reduced rate of interest of 9% shall be charged for non-payment of  TDS which are due for payment from 20.03.2020 to 29.06.2020 if they are paid by 30.06.2020. Further, no penalty/ prosecution shall be initiated for these non-payments." Here is the official notification stating the same https://www.caclubindia.com/forum/what-is-the-due-date-file-tds-return-pending-for-the-month-of-march--545936.asp

April 30

The general rule regarding the deposit of TDS would apply. As per Rule 30 of the Income-tax Rules 1962 (the Rules), tax deducted from payment made in the month of March has to be deposited by April 30 and in all other cases on or before seven days from the end of the month in which the deduction is made.

Oh God the IT Dept is so harsh , TDS dates must be extended due to Corona fuss in entire nation

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 25 October 2026
Article Intern (CA Articleship)

Arpan Bohra & Co

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 28 October 2026
Article assistants

Shyam S Gupta and Company

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 22 October 2026
Articleship intern

Srinath Manikanta

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details
Company
23 October 2026
Sr. Accountant

SANKARAN & KRISHNAN

New Delhi

B.Com

View Details
Company
24 October 2026
CA Industrial Trainee

Fytomax Nutrition Private Limited

Aurangabad

CA Inter

View Details