What is the due date for payment of TDS on salary?
What is the due date for payment of TDS on salary?
Generally, the due date for TDS payment is always the 7th day of the next month, with a few exceptions. For example, if an organization wants to pay TDS for the month of July, then the TDS payment due date for the same will be the 7th of August.
Is TDS payment due date for May 2021 extended?
States like West Bengal and Karnataka are under lockdown till the end of May 2021. By virtue of a Press release Dt: 01st of May 2021, due date for deposit of TDS to the credit of Govt U/s. 194IA, 194IB and 194M were extended till 31st of May 2021.
What is the due date for payment of TDS for March 2021?
TDS payment due dates
| Month of Deduction | Quarter ending | Due Date for filing of Return for the financial year 2020-21 for all the deductors |
|---|---|---|
| March | 31st March | 31st May 2021 |
What is the due date for payment of TDS for April 2021?
April, 2021. The due date for filing of challan-cum-statement has been extended from April 30, 2021 to May 31, 2021 vide Circular 08/2021, dated 30-04-2021.
What are the due dates for filing TDs?
The due date to file TDS return for the last quarter of the FY 2019 – 2020, that is January 2020 – March 2020 is May 31, 2020. Since Mr. Kushal could not file the return within the due date, he will have to pay a penalty.
What is the last date of the TDs return?
The government has extended the last date to file IT Returns for the Financial Year 2018-2019 to 30 June 2020. The interest rate for a delay in the deposit of TDS has also been reduced from 18% to 9%. 04 April 2020 Government provides the reasons behind TDS-like move on remittances
When are payments due?
Typically, monthly payments come due on the first day of the month. The payment is technically considered late after the first of the month.