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Is there any extension for tds payment

S .Ghosh (audit assistant) (258 Points)

07 July 2016

Dear Members

whether TDS(Deducted in june) payment due date would be extended as Banks will remain closed on both 6th and 7 th of July 2016. Also 7th july has been declared as National Holiday . thank you

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5 Replies

CA Saurabh Singh (Practising Chartered ) (974 Points)
Replied 07 July 2016

Till now no notification has been issued by CBDT, its better you pay online

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S .Ghosh (audit assistant) (258 Points)
Replied 07 July 2016

Thank you Saurabh Singh.But we cannot make online amount as we dont have transaction right .

CA Saurabh Singh (Practising Chartered ) (974 Points)
Replied 07 July 2016

ok,

Then my firend we are already late, however in the act there is a provison that if we file late returns and if we justify the AO with reasonable grounds for late filling.

S .Ghosh (audit assistant) (258 Points)
Replied 07 July 2016

yes we are late.But if the last day is Sunday or public holiday then payment can be made on next day .on that gorund we can make the payment on 8th that is tomorrow.However no supporting notification came from I.Tax dept. TDS cell was saying its routine process so notification is not required. However interest factor making me tensed. For return filing we have ample time.This time it has been extended to 30 july.That wont be a problem.I hope so.