TDS ON SALARY
This query is : Resolved
27 March 2020
The final payment of TDS on salary used to deduct from the March salary of employees and used to pay in April every year. Due to the current situation of lock down, is this also extended to June 30th? Or, the tax should be deducted from March salary itself and deposit in April 2020?
Please reply.
Please reply.
27 March 2020
Not extended to 30th June as of now.
28 March 2020
TDS deposit date have not been extended to 30.06.2020. TDS can be deposited with lower rate of interest @9% instead of applicable interest rates upto 30.06.2020.
29 March 2020
The date of payment is not extended. But interest on delayed remittance up to 30-06-2020 is reduced to 9 % per annum.
Inference :- clause 5 under the head 'Income tax' in the press release of the FM.
Inference :- clause 5 under the head 'Income tax' in the press release of the FM.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
