The last date for filing income tax return is 31 July 2022. In such a situation, it is also important to take care of some special things. To file TDS return, you will need Form-16 or 16A.
The last date for filing income tax return is 31 July 2022. In such a situation, note that filing Tax deducted at source (TDS) is also very important. If you are unable to do so, then you may have to pay a heavy fine. You can take advantage of Income Tax’s online website to file ITR. AIS/TIS has also been introduced to simplify the process of income tax return.
Fine up to 1 lakh may have to be paid
If you make any mistake in filing the return of TDS, then the Income Tax Department charges a late fee of Rs 200 every day. In such a situation, customers have to first pay the penalty for being late while filing the return. After that a fine is imposed. In case of default related to TDS filing, a minimum fine of Rs 10,000 to Rs 1 lakh can be imposed by the Income Tax Department.
Protect like this
For this, it is necessary for you to file TDS return on time. In ITR, you have to file TDS return every quarterly i.e. quarterly. The last date for filing TDS return is July 31. TDS return has to be filed by 31st July in April-June quarter, by 31st October in July-September quarter, October-December quarter by 31st January and January-March quarter by 31st May.
For this, it is necessary for you to file TDS return on time. In ITR, you have to file TDS return every quarterly i.e. quarterly. The last date for filing TDS return is July 31. TDS return has to be filed by 31st July in April-June quarter, by 31st October in July-September quarter, October-December quarter by 31st January and January-March quarter by 31st May.
These documents will be needed
To file TDS return, you will need Form-16 or 16A. This is a certificate of deduction of tax on any kind of your income. In this, it is told in detail where the company has paid the tax for the employee.
