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TaxReply India Pvt Ltd
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Dear Member,

 

This is to update you that CBDT has extended the due dates for filing TDS Return w.e.f. 01 June 2016 as below. 

Existing Rule [Applicable upto 31 May 2016]

Quarter Ending….

Due Date for filing TDS Return

Due Date for issuing Form 16A

Due Date for issuing Form 16

30 June

15 July

31 July

NA

30 September

15 October

31 October

NA

31 December

15 January

31 January

NA

31 March

15 May

31 May

31 May


Revised Rule [ Applicable w.e.f. 01 June 2016]

Quarter Ending….

Due Date for filing TDS Return

Due Date for issuing Form 16A

Due Date for issuing Form 16

30 June

31 July

15 Aug

NA

30 September

31 October

15 Nov

NA

31 December

31 January

15 Feb

NA

31 March

31 May

15 June

31 May

 

After this amendment, the due dates are same for Government Deductors as well as Non-Government Deductors.

Please note that the above change is effective from 01 June 2016. Therefore it does not have any impact on the filing of TDS return for Financial Year 2015-16 or earlier.

 

Click here to download CBDT Circular

 

Issue related to issuance of Form-16 (For Salary Income):
However this amendment might create a practical difficulty in case of issuance of Form-16 (Salary Income), because now the due date for filing Q4 Salary TDS Return and due date for issuing Form-16 is same i,.e. 31 May. Therefore if return is filed in the last 3-4 days of extended due dates, then it shall not be possible for the system to process and generate the Form-16 before the due date. But as the amendment is effective from 01 June 2016, so the effect can be seen in next year only.

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Author:

TaxReply


May 3, 2016


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