I-T dept asks private sector employers to file TDS by July 15
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I-T dept asks private sector employers to file TDS by July 15

Last Updated: Tuesday, July 10, 2012, 19:25
 
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I-T dept asks private sector employers to file TDS by July 15
New Delhi: The Income Tax department on Tuesday asked private sector employers to file their tax deducted at source (TDS) statement for the quarter ending June 30, on or before July 15.

Besides, government employers (deductors) will have to file their TDS statement on or before July 30, the finance ministry said in a statement.

"All deductors other than Government deductors must file their quarterly TDS statement for the quarter ending 30th June 2012, on or before July 15, and Government deductors must file their statement on or before July 30, 2012," the statement said.

It further said the deductors would have to choose the relevant form and quote correct Permanent Account Number (PAN) against all entries.

"Non-quoting of PAN or TAN in TDS statements or delay in filing of TDS statements may lead to levy of penalty," the statement added.

TDS certificates for deductions on income other than salary income (Form 16A) for the quarter ending June 30 should be issued on or before July 30, 2012, it added.

PTI




First Published: Tuesday, July 10, 2012, 19:25


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