Due Dates for E-Filing of TDS/TCS Return FY 2018-19 | AY 2019-20


   

Due Dates for E-Filing of TDS/TCS Return FY 2018-19 | AY 2019-20, Due Dates for E-Filing of TDS/TCS Return Interest on Late Payment

Time-Limits for TDS Return|TDS Deposit/Payment|Form 16A|Interest on Late Deposit

In the previous article we have shared detailed TDS Rates Chart for FY 2018-19 | AY 2019-20 and here we are sharing Due Date for Filing TDS/TCS Return, Issuance of Form 16 and TDS Payment for FY 2017-18 | AY 2018-19.
To Bring Uniformity and to give deductors sufficient time in filing TDS statement CBDT has vide Notification no. 30/2016 dated 29.04.2016 has revised due date for filing above referred TDS statements for Government and Non – Government deductors W.E.F 01.06.2016 as follows:
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TDS/TCS Return Filing Last Dates of FY 2018-19

QuarterQuarter PeriodTDS Return Due DateTCS Return Due Date
1st Quarter1st April to 30th June31st July, 201815th July, 2018
2nd Quarter1st July to 30th September31st Oct, 201815th Oct, 2018
3rd Quarter1st October to 31st December31st Jan, 201915th Jan, 2019
4th Quarter1st January to 31st March31st May, 201915th May, 2019

Time-Limits to Deposit|Payment TDS for FY 2018-19

  • Where tax is deducted by the office of the Government: 
S. No.ParticularsDue Date
1.Tax Deposited without ChallanSame Day
2.Tax Deposited with Challan7th of next month
3.Tax on perquisites opted to be deposited by the employer7th of next month
  • In any other case :
S. No.ParticularsDue Date
1.Tax Deductible in March30th April of next year
2.Other Months and Tax opted to be deposited by the employer7th of next month

Time-Limit for Issue of TDS Certificate Form 16A

Form 16A should be issued within 15 days from the due date for furnishing the statement of tax deducted at source.

QuarterQuarter PeriodTDS Return Due DateFORM 16A Due Date
1st Quarter1st April to 30th June31st July, 201815th Aug, 2018
2nd Quarter1st July to 30th September31st Oct, 201815th Nov, 2018
3rd Quarter1st October to 31st December31st Jan, 201915th Feb, 2019
4th Quarter1st January to 31st March31st May, 201915th June, 2019

Interest on late payment of TDS 

SectionNature of DefaultInterest subject to TDS/TCS amountPeriod for which interest is to be paid
201ANon deduction of tax at source, either in whole or in part1% per monthFrom the date on which tax deductable to the date on which tax is actually deducted
After deduction of tax, non payment of tax either in whole or in part1.5% per monthFrom the date of deduction to the date of payment

Note : The above interest should be paid before filing of TDS return.

Under Section 201(1A) for late deposit of TDS after deduction, you have to pay interest. Interest is at the rate of 1.5% per month from the date at which TDS was deducted to the actual date of deposit. Note, that this is to be calculated on a monthly basis and not based on the number of days i.e. part of a month is considered as a full month.

For example, say that your payable TDS amount is Rs 5000 and the date of deduction is 11th January. Say you pay TDS on 25th May. Then the interest you owe is Rs 5000 x 1.5% p.m. x 5 months = Rs 375.

“Month” has not been defined in the Income Tax Act, 1961. However, in a number of High Court cases, it has been mentioned that it should be considered as a period of 30 days and not as an English calendar month.
This amount is to be paid from the date at which TDS was deducted, not from the date from which TDS was due.

For example, let the due date of TDS payment be 7th June and you have deducted TDS on 11th May. Say you have not deposited TDS by 7th June. Then you will be required to pay interest starting from 11th May and not 7th June.

Also consider the case in which you deposit tax one month after the due date. Say you have deducted TDS on 1st July. Then the due date is 7th august. Now say you deposit tax on 8th August (i.e. one day after the due date). Then interest is applicable from 1st July to 8th August i.e. for a period of 2 months. You now have to pay interest of 1.5% p.m. x 2 months = 3%

Penalty for late filing of TDS Return

Late Filing of TDS Return

  • Penalty (Sec 234E): Deductor will be liable to pay way of fee Rs.200 per day till the failure to pay TDS continues. However penalty should not exceed the total amount of TDS  deducted for which statement was required to be filed.

Late Filing of TDS Return

  • Penalty (Sec 271H): Assessing officer may direct a person who fails to file the statement of TDS within due date to pay penalty minimum of Rs.10,000 which may extended to Rs.1,00,000.

FY 2017-18 | AY 2018-19




Due Dates for E-Filing of TDS/TCS Return FY 2017-18 | AY 2018-19

Time-Limits for TDS Return|TDS Deposit/Payment|Form 16A|

Time-Limits for TDS Return|TDS Deposit/Payment|Form 16A|Interest on Late Deposit

Due Dates for E-Filing of TDS/TCS Return FY 2017-18 | AY 2018-19, Due Dates for E-Filing of TDS/TCS Return, TDS return filing date,  TDS Return Filing Due date for FY 2017-18, Due Dates for E-Filing of TDS Return, TDS Return Filing Due Date, Time Limit of issuance of Form 16A, Time Limit of issuance of Form 16, Time limit of filing TDS Return, Due Dates for E-Filing of TDS/TCS Return FY 2017-18 | AY 2018-19, Due Dates for E-Filing of TDS/TCS Return, Due Date of TDS Return, TDS due dates, TDS payment dates, TDS deposit dates, Due Dates for E-Filing of TDS/TCS Return FY 2017-18 | AY 2018-19, Due Dates for E-Filing of TDS/TCS Return Interest on Late Payment, Penalty on late filing of TDS Return, TDS Return Late filing penalty, tds return late filing interest, Due Dates for E-Filing of TDS/TCS Return FY 2017-18 | AY 2018-19 Due Dates for E-Filing of TDS/TCS Return Interest on Late Payment
In the previous article we have shared detailed TDS chart FY 2017-18 | AY 2018-19 and here we are sharing Due Date for Filing TDS/TCS Return, Issuance of Form 16 and TDS Payment for FY 2017-18 | AY 2018-19.
To Bring Uniformity and to give deductors sufficient time in filing TDS statement CBDT has vide Notification no. 30/2016 dated 29.04.2016 has revised due date for filing above referred TDS statements for Government and Non – Government deductors W.E.F 01.06.2016 as follows:

TDS/TCS Return Filing Last Dates of FY 2017-18

QuarterQuarter PeriodTDS Return Due DateTCS Return Due Date
1st Quarter1st April to 30th June31st July, 201715th July, 2017
2nd Quarter1st July to 30th September31st Oct, 201715th Oct, 2017
3rd Quarter1st October to 31st December31st Jan, 201815th Jan, 2018
4th Quarter1st January to 31st March31st May, 201815th May, 2018

Time-Limits to Deposit|Payment TDS for FY 2017-18

  • Where tax is deducted by the office of the Government: 
S. No.ParticularsDue Date
1.Tax Deposited without ChallanSame Day
2.Tax Deposited with Challan7th of next month
3.Tax on perquisites opted to be deposited by the employer7th of next month
  • In any other cases,
S. No.ParticularsDue Date
1.Tax Deductible in March30th April of next year
2.Other Months and Tax opted to be deposited by the employer7th of next month

Time-Limit for Issue of TDS Certificate Form 16A

Form 16A should be issued within 15 days from the due date for furnishing the statement of tax deducted at source.

QuarterQuarter PeriodTDS Return Due DateFORM 16A Due Date
1st Quarter1st April to 30th June31st July, 201715th Aug, 2017
2nd Quarter1st July to 30th September31st Oct, 201715th Nov, 2017
3rd Quarter1st October to 31st December31st Jan, 201815th Feb, 2018
4th Quarter1st January to 31st March31st May, 201815th June, 2018


FY 2016-17 | AY 2017-18



Due Dates for E-Filing of TDS/TCS Return FY 2016-17 | AY 2017-18

Time-Limits for TDS Return|TDS Deposit/Payment|Form 16A

TDS/TCS Return Filing Last Dates of FY 2016-17

QuarterQuarter PeriodTDS Return Due DateTCS Return Due Date
1st Quarter1st April to 30th June31st July, 201615th July, 2016
2nd Quarter1st July to 30th September31st Oct, 201615th Oct, 2016
3rd Quarter1st October to 31st December31st Jan, 201715th Jan, 2017
4th Quarter1st January to 31st March31st May, 201715th May, 2017

Time-Limits to Deposit|Payment TDS for FY 2016-17

  • Where tax is deducted by the office of the Government: 
S. No.ParticularsDue Date
1.Tax Deposited without ChallanSame Day
2.Tax Deposited with Challan7th of next month
3.Tax on perquisites opted to be deposited by the employer7th of next month
  • In any other cases,
S. No.ParticularsDue Date
1.Tax Deductible in March30th April of next year
2.Other Months and Tax opted to be deposited by the employer7th of next month

Time-Limit for Issue of TDS Certificate Form 16A

Form 16A should be issued within 15 days from the due date for furnishing the statement of tax deducted at source.

QuarterQuarter PeriodTDS Return Due DateFORM 16A Due Date
1st Quarter1st April to 30th June31st July, 201615th Aug, 2016
2nd Quarter1st July to 30th September31st Oct, 201615th Nov, 2016
3rd Quarter1st October to 31st December31st Jan, 201715th Feb, 2017
4th Quarter1st January to 31st March31st May, 201715th June, 2017

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