TMI BlogSection 200(3) - Furnishing quarterly returns of TDS/ TCSX X X X Extracts X X X X X X X X Extracts X X X X ..... iods as may be prescribed, after paying the tax deducted to the credit of the Central Government within the prescribed time- Any person deducting any sum on or after 01.04.2005 in accordance within the foregoing provisions of this chapter any person being an employer referred to in section 192(1A). Following quarterly statement submitted by the responsible person under section 200(3) [ Rule 31A ] ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mount paid or credited on which tax was not deducted in accordance with guidelines issued u/s 194S(6). [ Rule 31A(4E) ] every specified person referred to in section 194S and responsible for deduction of tax under that section shall furnish to a challan-cum-statement in Form No. 26QE electronically in accordance with the procedures, formats and standards specified under rule 31A(5) within 30 days ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... m-statement in Form No.26QD electronically in accordance with the procedures, formats and standards specified under rule 31A(5) within 30 days from the end of the month in which the deduction is made. [ Rule 31A(4C) ] Time limits for furnishing quarterly returns of TDS/ TCS S.No. Date of ending of the quarter of the financial year TDS Return TCS Return 1. 30 th June 31 st July of the financial yea ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... icable if TDS/TCS return after due dates. (ii) If TDS/TCS return filed after 1 year of prescribed date the penalty u/s 271H ranging form min. of ₹ 10,000 to a max. of ₹ 100,000 shall also applicable. Who is required to submit TDS/TCS Statement electronically [ Rule 31A(3)(ii) ] The following person shall submit quarterly TDS/TCS return electronically (a) the deductor is an office of th ..... X X X X Extracts X X X X X X X X Extracts X X X X
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