It has now been clarified by Income Tax Department (ITD) that the due dates for filing Quarterly TCS statements remain unchanged with the implementation of the CBDT notification no. 30/2016, F.No.142/29/2015-TPL dated 29th April, 2016. As per the said clarification, please find the due dates for furnishing Quarterly TDS/TCS statement(s) from Quarter I of Financial Year 2016-17 onwards are as below:
Periodicity | Due date for TDS statements (all Deductors) | Due date for TCS statements |
Quarter I (April to June) | 31st July of the Financial Year | 15th July of the Financial Year |
Quarter II (July to September) | 31st October of the Financial Year | 15th October of the Financial Year |
Quarter III (October to December) | 31st January of the Financial Year | 15th January of the Financial Year |
Quarter IV (January to March) | 31st May of the Financial Year immediately following the Financial Year in which the Deduction is made | 15th May of the Financial Year immediately following the Financial Year in which the collection is made |