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Tds revised return

Bhavesh (Accounts) (899 Points)

20 March 2013

We have filed the TDS Returns for the Last 3 Qtrs. of the F.Y.2012-2013. Now we want to revised the Last 3 Qtrs. of the F.Y.2012-13. From the Income Tax persecptive is it admissible to file for the last 3 Qtrs.? And what is last date of deposting the TDS for the month of march 2013 and when same can be filed. Pls. explain. Thanks in advance.

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CA Deepak Rathore (EXPERT) (281 Points)
Replied 21 March 2013

there is no time limit of revision of tds return

TDS RETURN DUE DATE

Date of ending of the quarter of the financial year	Due date for Government Deductors	Due date for other Deductors
30th June	31st July of the financial year	15th July of the financial year
30th September	31st October of the financial year	15th October of the financial year
31st December	31st January of the financial year	15th January of the financial year
31st March	15th May of the financial year following the financial year in which deduction is made	15th May of the financial year following the financial year in which deduction is made”

Time Limits for Payment of TAX
Different Situation	Time Limit for Deposit of Tax
When Payer is the Government or when is made on behalf of the Government	TDS is deposited without Challan	Same Day
	TDS is deposited with Challan	On or before 7 days from the end of the month in which the deduction is made.
	Tax on Perquisites opt to be deposited by the employer	On or before the 7days from the end of next month in which Income-Tax is due under section 192(1A).
When Tax is Deducted by a person other than Government	When the income or amount is credited or paid in the month of March	On or before 30th April.
	In any other case	On or before 7 days from the end of the month in which the deduction is made.
	Tax on Perquisites opt to be deposited by the employer	On or before the 7days from the end of next month in which Income-Tax is due under section 192(1A).