The Central Board of Direct Taxes (CBDT) had
received several petitions from various deductors requesting waiver of fee
levied u/s 234E of the Income-tax Act for delay in filing of TDS/TCS
statements. It was stated that the delay was because of certain difficulties
being faced by the Government deductors for reasons beyond their control. On a
consideration of the difficulties being cited by the deductors, the CBDT has
decided, as a one-time exception, to ex-post facto extend the due date of
filing of TDS/TCS statements for FY 2012-13 (2nd to 4th Quarter) and FY 2013-14
(1st to 3rd Quarter) to 31.03.2014 in the case of Government
deductors. This
will have an effect of automatic waiver of the fee u/s 234E so levied. However,
any fee already paid by a Government deductor shall not be refunded.
No comments:
Post a Comment