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Due date to deposit of TDS/TCS for month of September, 2014 extended to October 10, 2014

CBDT has issued circular u/s. 119 of The Income-Tax Act, 1961 by Income Tax competent Authorities to extend TDS/TCS Deposit for the month of September, 2014 from 07th October, 2014 to 10th October, 2014.

The extension has been given Considering the consecutive holidays owing to the festive season and weekend during the first week in the month of October, 2014, the Central Board of Direct Taxes (CBDT) has issued an order to extend the last date of deposit of tax deducted at source/tax collected at source during the month of September, 2014 from 7th October, 2014 to 10th October, 2014 without entailing any consequential interest.

However, the due date for filing of TDS/TCS statements for the second quarter of the 2014-15 fiscal shall remain the same.

The Circular is as under: