25 February 2011
Hello, Please guide on following What is the changed due date for Payment of TDS deducted on 31 March 2011?(FY 2010-2011)(Upto FY 2009-10 it was 31st May)
What is the due date for E-tds return of last quarter of FY 2010-11? (26Q, 24Q, 27Q )(upto Fy 2009-10 it was 15th June)
25 February 2011
The new provisions are as follows: All sums deducted in accordance with the provisions of Chapter XVII-B by deductors other than an office of the Government shall be paid to the credit of the Central Government - (a) on or before 30th day of April where the income or amount is credited or paid in the month of March; and (b) in any other case, on or before seven days from the end of the month in which (i) the deduction is made; or (ii)income-tax is due under sub-section (1A) of section 192.
Returns are to be submitted as follows:
qe 30th June-15th July of the financial year
qe 30th September-15th October of the financial year
qe 31st December-15th January of the financial year
qe 31st March-15th May of the financial year immediately following the financial year in which deduction is made
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