Please note the following change in due dates for filing statements of deduction of Tax in Form 24Q, 26Q and 27Q in respect of all deductees.
Following table unveils the changes in due dates in comparable form :
|Quarter||Existing due dates for Government deductors||Existing due dates for Non-Government deductors||NEW Amended due dates for all deductors|
|Q1(ending on 30th June)||31st July||15th July||31st July|
|Q2(ending on 30th September)||31st October||15th October||31st October|
|Q3(ending on 31st December)||31st January||15th January||31st January|
|Q4(ending on 31st March)||15th May||15th May||31st May|
Please note :
Changes made vide Notification No. 30/2016
As per Sub-rule (2A) of Rule 30 of Income Tax Rules,1962, “Any sum deducted under section 194-IA shall be paid to the credit of the Central Government within a period of seven days from the end of the month in which the deduction is made and shall be accompanied by a challan-cum-statement in Form No. 26QB.”
Now, by Notification No. 30/2016, the words “seven days” has been substituted by “thirty days”.