Waiver of Interest for TDS deducted under section 194M

Last updated: 08 January 2020

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The Central Board of Direct Taxes (CBDT) has extended the due dates for TDS payments under Section 194M. This applies to tax deducted in September and October 2019. The deadline for paying this TDS and furnishing Form 26QD is now 31st December 2019. Additionally, the due date for providing the TDS certificate in Form 16D has been extended to 15th January 2020.

F. No. 370142/18/2019-TPL Government of India Ministry of Finance Department of Revenue Tax Policy Division Central Board of Direct Taxes 147B-II, North Block, New Delhi Dated 19h December, 2019 Subject: Order under section 119(2) of the Income-tax Act, 1961- Extension

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FAQ :

The due date for paying TDS under Section 194M for tax deducted in September and October 2019 has been extended to 31st December 2019.

The due date for furnishing Form 26QD for TDS deducted under Section 194M in September and October 2019 is now 31st December 2019.

The due date for furnishing the certificate of deduction of tax in Form 16D for tax deducted in September and October 2019 has been extended to 15th January 2020.

The due dates were extended because the utility for payment of TDS under Section 194M was deployed on 17th December 2019, which was after the original due dates.

No, this extension specifically applies to TDS deducted under Section 194M during the months of September 2019 and October 2019.