Due Dates of TDS Returns
and TCS Returns for Fin Year 2016-17 i.e Asst Year 2017-18
Quarter TDS Return Due
Date TCS Return Due
Date
Q1- 30th June,2016 31st July,2016 15th July,2016
Q2-30th September,2016 31st October,2016 15th October,2016
Q3-31st December,2016 31st January,2017 15th January,2017
Q4-31st March,2016 31st May,2017 15th May ,2017
Notes for
correct and timely filing of TDS and TCS statements:
Declaration for investment, income and tax
savings from employees is advised to be taken by the employers.
Breakup of salary is required to be entered
as Interest on late payment or short deduction liability may arise on employer
in case of default.
Late filing of TDS statements penalty in
addition to interest on late payments is Rs.200/- per day for the defaulting
period.
