TDS & TCS RETURNS (Q1 FY 2023-24) DATE EXTENDED

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CIRCULAR NO. 9/2023 DATED 28 JUNE 2023

The Central Board of Direct Taxes, in exercise of its powers under section 119 of the Income-tax Act, 1961 provides relaxation in respect of the following compliances, namely —

(i) The statement of deduction of tax for the first quarter of the financial year 2023-24, required to be furnished in Form No. 26Q or Form No. 27Q, on or before 31 July, 2023 under Rule 31A of the Income-tax Rules, 1962 (“the Rules”), may be furnished on or before 30″ September, 2023.

(i) The statement of collection of tax for the first quarter of the financial year 2023-24, required to be furnished in Form No. 27EQ, on or before 15″ July, 2023 under Rule 31AA of the Rules, may be furnished on or before 30 September, 2023.

As per above circular TDS and TCS Returns of Q1 FY 2023-24 which were due in July 2023, date extended till 30 September 2023

but it is most important to know that 24Q (Salary TDS Return) last date is not extended, because above circular mentioned only 26Q, 27Q & 27EQ

Download circular form here: https://incometaxindia.gov.in/news/circular-9-2023.pdf

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Pooja Gupta

CA Pooja Gupta (CA, ISA, M.com) having 15 years of experience. Educator and Digital Creator

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CA Pooja Gupta (CA, ISA, M.com) having 15 years of experience. Educator and Digital Creator

2 thoughts on “TDS & TCS RETURNS (Q1 FY 2023-24) DATE EXTENDED”

  1. Mam,

    you have return fy 22-23 as follows, while it should be 23-24

    TDS & TCS RETURNS (Q1 FY 2022-23) DATE EXTENDED
    June 29, 2023 by Pooja Gupta

    Reply

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