On which date TDS should be deducted?
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On which date TDS should be deducted?
8) What are the due dates for TDS? The due dates for the payment of the deducted TDS are on or before the 7th of next month. It means, if the deductor has deducted tax from payments in the month of November, then he has to pay the TDS on or before the 7th of December.
Is TDS deducted on invoice date or payment date?
The due date for payment in case of TDS on sale of immovable property under section 194IA and TDS from rent by Individual or HUF under section 194IB is 30 days from the end of the month. For eg – TDS deducted on 15th June 2016 is required to paid on or before 30th July 2016.
How do I claim unclaimed TDS for a previous year?
How to claim ‘unclaimed TDS (Other than Salary)’
- Browse to Taxes Paid >> TDS Tax.
- Click on Add New button.
- Fill up the necessary details. You may refer your 26AS or Form-16A given by the deductor. Click Next to Save details.
Is TDS return date extended?
The due date of furnishing of Return of Income for the Assessment Year 2021-22, which was 31st July, 2021 under sub-section (1) of section 139 of the Act, as extended to 30th September, 2021 vide Circular No. 9/2021 dated 20.05. 2021, is hereby further extended to 31st December, 2021; 2.
What is the due date for payment of TDS for April 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 |
|---|---|---|
| April | 30th June | 31st March 2021 |
| May | ||
| June | ||
| July | 30th September | 31st March 2021 |
Is TDS payment date extended 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. 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.
How can I remove short deduction from TDS return?
Submit an Online Correction using the functionality on TRACES to tag the challans with deductee rows. Login to TRACES and navigate to “Defaults” tab to locate “Request for Correction” from the drop-down list.
How many years can I claim back tax?
four years
What are the time limits for claiming back tax? You have four years from the end of the tax year in which the overpayment arose to claim a refund, as shown below. If a claim is not made within the time limit you will lose out on any refund that may be due and the tax year becomes ‘closed’ to claims.
What is the TDS due date for March 2021?
Due Date for Filing TDS Returns FY 2020-2021
| Quarter | Quarter Period | Due Date |
|---|---|---|
| 1st Quarter | April – June | 31 March 2021 |
| 2nd Quarter | July – September | 31 March 2021 |
| 3rd Quarter | October – December | 31 January 2021 |
| 4th Quarter | January – March | 31 May 2021 |