Due date of Filing TDS statement

Articles specifies Due date of Filing Quarterly TDS statement for Government deductors and non Government deductor. Delay in Filing of TDS statement may make deductor liable for Late Fees under Section 234E of Income Tax Act, 1961 in addition to other Consequences of late and delayed filing of TDS Statement.  It is suggested to file TDS statements on or before due date.

Sub Rule 2 of Rule 31A of Income Tax Rules specifies the due date for filing of

(a) Statement of deduction of tax under section 192 in Form No. 24Q;

(b)  Statement of deduction of tax under sections 193 to 196D in—

(i) Form No. 27Q in respect of the deductee who is a non-resident not being a company or a foreign company or resident but not ordinarily resident; and

(ii)  Form No. 26Q in respect of all other deductees.

The Due date as per rule were different for Government deductors and non Government deductors , which was as follows :-

Due Date for Filing TDS statement for Government deductors and non Government deductors till 31.05.2016

To bring Uniformity and to give deductors sufficient time in filing of TDS Statement CBDT has vide Notification No. 30/2016 Dated: 29.04.2016 has revised due date for filing above referred TDS statements for Government and non-governemnt deductors wef 01.06.2016 to as follows :-

Due Date for Filing TDS statement for Government deductors and non Government deductors till 01.06.2016

For form 26QB/26QC the challan of electronic deposit of TDS is itself considered as quarterly statement of TDS.

Also Read: https://taxguru.in/income-tax/tds-rate-chart-provisions-penalty-compliance-due-date-tds-return-filing.html

(Republished With Amendments)