Taxontips
No Result
View All Result
Monday, October 2, 2023
Login/ Register
  • Home
  • Income Tax
    • Income Tax Return
    • Tax Notice/ Personal consultation
    • Compliance Notice
    • Faceless Assessment
  • GST
    • GST Registration
    • GST Consultation
  • News
    • Income Tax News
    • GST news
    • Budget News
    • Business & Other News
  • Q & A
  • About us
  • Contact us
Talk to an Expert
  • Home
  • Income Tax
    • Income Tax Return
    • Tax Notice/ Personal consultation
    • Compliance Notice
    • Faceless Assessment
  • GST
    • GST Registration
    • GST Consultation
  • News
    • Income Tax News
    • GST news
    • Budget News
    • Business & Other News
  • Q & A
  • About us
  • Contact us
No Result
View All Result
Taxontips
No Result
View All Result

Due date for TDS return of Q4 for FY 2019-20 and Q1 for FY 2020-21 and investment for deduction under Chapter VI-A

Income tax Expert by Income tax Expert
July 31, 2020 - Updated on August 1, 2020
in Income Tax News
2
Guidelines for manual selection of returns for Complete Scrutiny during the financial-year 2019-20-
1.1k
SHARES
13.7k
VIEWS
image_pdfPDFimage_printPrint

Recently, many due dates were extended and people were confused as to which due dates are when. Same is with regard to TDS return and investment for deduction under Chapter VI-A which includes 80C, 80D, 80G etc.

1. TDS return for Q4 of FY 2019-20:

In the normal scenario the due date for filing of TDS return for Q4 of FY 2019-20 would have been 31.05.2020 but due to Covid the due date was extended to 31.07.2020 and hence one could file TDS return for Q4 till 31.07.2020.

If one wishes to file TDS return after 31.07.2020 he shall be liable to a late fees at Rs. 200 per day maximum upto the amount of tax under section 234E.

Further, if the deductor has still not deducted TDS interest shall also be charged under section 201(1A).

2. TDS return for Q1 of FY 2020-21:

Similarly in the normal scenario TDS return for Q1 of FY 2020-21 was to be filed till 31.07.2020. However, due to Covid, CBDT vide notification dt. 24.06.2020, extended all the due dates due till December, 2020 to 31.03.2021. Hence due date for TDS return of FY 2020-21 have been extended to 31.03.2021.

You can read the same on Income Tax India official twitter handle at: https://twitter.com/IncomeTaxIndia/status/1288402815572783104

3. Last date for Deduction under Chapter VI-A for FY 2019-20:

In normal scenario due date for investment under Chapter VI-A for claiming deduction under 80C, 80D etc is 31st March of the relevant previous year but due to Covid same was also extended vide notification 35/2020 till 31.07.2020.

Also the ITR were amended wherein a special “Schedule-DI” was introduced to include deduction of investment made between 31.03.2020 to 31.07.2020.

Thus, this are the major due dates for 31.07.2020 which have ended today.

image_pdfPDFimage_printPrint
Tags: Due dateTDS return due date
Previous Post

Due date for filing revised and belated return for FY 2018-19 extended again to 30.09.2020

Next Post

ITR 3 is now available on e filing website | Who can file it? What are the latest changes in ITR 3

Related Posts

Guidelines for manual selection of returns for Complete Scrutiny during the financial-year 2019-20-
Income Tax News

CBDT notifies changes to Rule 11UA in respect of ANGEL TAX

September 27, 2023
FCRA updates
Income Tax News

Extension of validity of FCRA registration till 31.03.2024 [Read public notice]

September 25, 2023
Tax audit u/s 44AB to be scrapped?
Income Tax News

Extension of time limit for Tax audit of trust and file Form 10B and Form 10BB and ITR 7

September 18, 2023
Tax audit u/s 44AB to be scrapped?
Income Tax News

Turnover limit for Tax audit is Rs. 1 crore or Rs. 10 crore under section 44AB of the Act

September 18, 2023
Guidelines for manual selection of returns for Complete Scrutiny during the financial-year 2019-20-
Income Tax News

Digital Signature Certificate (DSC) related issues and solutions on Income tax E-filing portal

September 16, 2023
How to calculate turnover in case of intra day and future and option trading for Income Tax purpose?
Income Tax News

Definition of turnover in relation to F&O and intraday as per Revised guidance note of ICAI on Tax audit for 2023

September 13, 2023
Next Post
ITR 3 is now available on e filing website | Who can file it? What are the latest changes in ITR 3

ITR 3 is now available on e filing website | Who can file it? What are the latest changes in ITR 3

Comments 2

  1. Pingback: tds payment due date for fy 2019 20 - banklights.com
  2. Pingback: Due date for filing TDS return for Quarter 3 ending 31.12.2020 extended under Income tax act from 31.01.2021 to 31.03.2021?? - Taxontips

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Google Custom search

Recent Posts

  • ₹1,62,712 crore gross GST revenue collected during September 2023; records 10% Year-on-Year growth
  • Extension of last date for payment of Membership /COP fee for the year 2023-24 to 31st October, 2023
  • Clarification on holding of AGM and EGM through video Conferecnce (VC) or other Audio visual means
  • CBDT notifies changes to Rule 11UA in respect of ANGEL TAX
  • Clarification on TCS liability under Sec 52 of GST act, in case of multiple E-commerce Operators in one transaction

Recent Comments

  • Srinivasan Venkatasubramanian Venkatasubramanian on GST turnover limit for services increased to Rs. 40 lakh by CBIC?
  • Notification under PMLA by Ministry of Finance which could affect CA, CS and CMA - Taxontips on CA, CS and CMA now under PMLA. KYC of clients required
  • ITR 4 is now available on e-filing website for FY 2022-23 i.e. AY 2023-24 | File ITR with experts on Taxontips – Taxontips on Businessman with turnover below 1 crore and having profit below 8% need to compulsorily get books of accounts audited: Let’s find out
  • Can a person earning income from speculative business transaction file return u/s 44AD of Income tax act - Taxontips on How to calculate turnover in case of intra day and future and option trading for Income Tax purpose?
  • Extension of last date for updation of Member’s Profile with GSTIN at Self Service Portal – Till 23rd April, 2023 - Taxontips on Updation of Member’s Profile at Self Service Portal with GSTIN to get GST credit till 15.04.2023

Categories

  • Budget News
  • Business & Other News
  • Case Laws
  • GST news
  • Income Tax News
  • News

Browse Topics by Date

October 2023
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031  
« Sep    
  • GSTR 9/ 9C extended : AGAIN

    GSTR 9/ 9C due date to be extended to 31.10.2020 | E-invoicing will be voluntary in the beginning

    6457 shares
    Share 2583 Tweet 1614
  • How to pay Membership and COP fees of ICAI for 2020-21 |

    6356 shares
    Share 2542 Tweet 1589
  • Code/ Nature of payment 6CR updated by NSDL in challan 281 for paying TCS on sale of goods

    5735 shares
    Share 2294 Tweet 1434
  • Are all the due dates of tax audit and Income tax return for FY 2019-20 extended to 31.03.2021 by the bill presented in Lok sabha Dt. 18.09.2020

    4772 shares
    Share 1909 Tweet 1193
  • SFT transaction mentioned in Form 26AS | What does it mean? | Who reports it? | SFT codes transaction type

    3999 shares
    Share 1600 Tweet 1000

Recent Notification

GST registration

₹1,62,712 crore gross GST revenue collected during September 2023; records 10% Year-on-Year growth

October 2, 2023
ICAI has announced a new MBA programme for Diploma in Management and Business Finance

Extension of last date for payment of Membership /COP fee for the year 2023-24 to 31st October, 2023

September 30, 2023

RSS Taxontips

  • Extension of last date for payment of Membership /COP fee for the year 2023-24 to 31st October, 2023
  • Clarification on holding of AGM and EGM through video Conferecnce (VC) or other Audio visual means
  • CBDT notifies changes to Rule 11UA in respect of ANGEL TAX
  • Clarification on TCS liability under Sec 52 of GST act, in case of multiple E-commerce Operators in one transaction
  • Extension of validity of FCRA registration till 31.03.2024 [Read public notice]
  • Advisory: Geocoding Functionality for the Additional Place of Business – GST website
  • Multipurpose Empanelment Form (MEF) – 2023-24 | Now Open
  • Extension of time limit for Tax audit of trust and file Form 10B and Form 10BB and ITR 7
  • Turnover limit for Tax audit is Rs. 1 crore or Rs. 10 crore under section 44AB of the Act
  • Digital Signature Certificate (DSC) related issues and solutions on Income tax E-filing portal

Categories

  • Budget News
  • Business & Other News
  • Case Laws
  • GST news
  • Income Tax News
  • News

Site menu

  • Home
  • Income Tax
    • Income Tax Return
    • Tax Notice/ Personal consultation
    • Compliance Notice
    • Faceless Assessment
  • GST
    • GST Registration
    • GST Consultation
  • News
    • Income Tax News
    • GST news
    • Budget News
    • Business & Other News
  • Q & A
  • About us
  • Contact us
Taxontips

TaxOnTips provides you all tax related solutions in easy way and update you with its regular updates & notifications Visit us for details.
We are based in Jaipur, India

© 2019-2023 Taxontips.com - Tax assistance at your Fingertips

No Result
View All Result
  • Login/Signup
  • Income Tax
    • Income Tax Return
    • Tax Notice/ Personal consultation
    • Compliance Notice
    • Faceless Assessment
  • GST
    • GST registration
    • GST Consultation
  • News
    • Income Tax News
    • GST news
    • Budget News
    • Business & Other News
  • About us
  • Contact us
  • Ask an expert/ Talk to an expert
  • Q & A
  • Privacy Policy
  • Terms of use

© 2019-2023 Taxontips.com - Tax assistance at your Fingertips

Book Phone consultation with expert

Sitting home or at your office and don't have time to visit CA's office or don't know where to consult CA. Book your consultation with an expert practicing Chartered Accountant and get your query solved.

Book a phone consultation for 30 minutes with our expert at a very basic cost.

Book consultation

No thanks, I'm not interested!