Recent amendments in Income Tax Rules, 1962
in relation to filing of quarterly e-TDS returns.
1. As per Notification no
39/2016 dated 31st May 2016, Central Board of Direct taxes (CBDT)
has amended Rule 31A of Income Tax Rules, 1962 and accordingly the due date for
filing quarterly e-TDS returns with effect from 1st June 2016 would
be as follows:
Date of ending of quarter of financial year
|
Revised Due Dates to file e-TDS return
|
Previous Due Dates
|
30th June
|
31st July
|
15th July
|
30th September
|
31st October
|
15th October
|
31st December
|
31st January
|
15th January
|
31st March
|
31st May
|
15th May
|
2. Further as per
Notification No 11/2016 dated 22nd June 2016, CBDT has
initiated the process of online filing the e-TDS returns as against the
current process of physically submitting them to the NSDL department. To avail
this facility, the Company has to create a ‘Tax Deductor and Collector’
account on the Income Tax E-filing website. The return can be uploaded through
this account by using the Digital Signature Certificate of the authorised
person.
Kindly note that submitting the
TDS returns online is not mandatory and the company can continue to file the
return as per the current process i.e. by submitting the Form 27A to the NSDL
department.
In case of any queries comment Below .
