TDS Return Due Dates for AY 2020-21 (FY 2019-20)? TDS E-Filing Return processes are filed quarterly. The return
statements are accepted with the provision of the Income Tax Department. The changes in the format of TDS/TCS
statements have been modified in India by the Income Tax Department. The TDS Return Filing is must for every salaried
individual. Therefore, all collectors are advised to be ready with e-TDS/TCS statements which are required on every
quarter.
Latest About TDS Return Filing
The government has launched a new income tax return for FY 2019-20. But before filing ITR, you should have a basic idea
about the eligibility. Hence, every individual can start gathering the documents required for file ITR for the year
2019-20.
Documents Required for ITR Filing for FY 2019-20
•Form -16 (if you are a salaried person)
•Form – 16 A/ 16 B/ 16 C
•Form 26A S
•Tax-Saving Investment Proofs
•Documentary Proofs
•Interest Certificates from Banks & Post Office
•Aadhaar Card
•Salary Slips
•Collect Bank Account Details
Penalty for Late Fee of TDS Returns:
Penalty (Sec 234E)
The TDS deducted will be entitled to pay the penalty on per day basis until the full TDS amount is being paid. However,
the penalty should not exceed the actual TDS amount.
Penalty (Sec 271H)
The TDS deducted will be entitled to pay the penalty on per day basis until the full TDS amount is being paid. However,
the penalty should not exceed the actual TDS amount.
