New Date For Quarterly TDS Statement & New Data Requirement from 1st November 2011 !

Two major amendments are in Rule 31A of the I.T .Rule.Due date for filing of TDS statement  by the government and persons who are not governmental origination have been segregated by an amendment effective from 01/11/2011. Previously only one date was for every kind of deductor . However, CBDT has substituted Rule 31A vide Income-tax (Eighth Amendment) Rules, 2011, w.e.f. 1 November 2011 . The Rule 31A  is for filing of statement of deduction of tax under sub-section (3) of section 200 .

1st Amendment : Data related to non TDS on account of declaration by deductee

Now the statement requires all the data related to non deduction of tax when deductee furnished declaration u/s 197A(1) or 197(1A) or 197(IC) of the I T Act. Here is the new insertion of clause in Rule 31A

(vii) furnish particulars of amount paid or credited on which tax was not deducted in view of the furnishing of declaration under sub-section (1) or sub-section (1A) or sub-section (IC) of section 197A by the payee

2nd Amendment: New Due Date for filing TDS Statements

Sl. No.	Date of ending of the quarter of the financial year	Due date for the Deductor which is Office of Government	Due date for any other Deductor
(1)	(2)	(3)	(4)
1.	30th June	31st July of the financial year	15th July of the financial year
2.	30th September	31st October of the financial year	15th October of the financial year
3.	31st December	31st January of the financial year	15th January of the financial year
4.	31st March	15th May of the financial year immediately following the financial year in which deduction is made	15th May of the financial year immediately following the financial year in which deduction is made”