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TDS Retutn

sona1 (MANAGER) (365 Points)

11 May 2021

TDS Q4,2021 return last date will be extended?

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5 Replies

CA. Sourav Sarkar (Chartered Accountant ) (24583 Points)
Replied 11 May 2021

Not extended

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veerendar singh (tax consultant) (3301 Points)
Replied 11 May 2021

You will have to ask this to cbdt

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k v s bala Subramanyam (26 Points)
Replied 12 May 2021

Sir,is there chances to extend tds/tcs q4return due dates

Varun (Proressional) (47 Points)
Replied 12 May 2021

I bought a residential property from an NRI. As the consideration amount was more than 50 lacs, TDS @ 22.88% was deducted (u/s 195) upfront and deposited on 24-Mar-2021. The sale deed was signed on 29-March-2021 at sub-registrar's office. However, after signing the documents and completion of the formalities at the sub-registrar's office, two employees at the office and my lawyer whom I hired were down with Covid-19. Therefore there was a delay in registering the sale deed. I got a confirmation about the completion of registration process on 10-May-2021. Index-2 shows 29-March-2021 as signing date but 10-May-2021 as registration date. Now I need to file TDS return. My questions are:

01. Which date to consider for filing TDS return? Date on which TDS was paid or the date on which sale deed was signed or the date on which index-2 was available or any other date?

02. What would be the last date of filing TDS return in my case?

03. If I file my TDS return tomorrow, does it qualify as late filing? Any penalty applicable if late filing?

04. I came to know that CBDT has extended last date of filing TDS returns till 31-May-2021. Is the extension given by CBDT also applicable to my case?