1. Income Tax Act, 1961 Compliance Particulars Due Date Forms Penalty on Non-Compliance Payment of Tax Deducted / Collected at source during July 2019 (except under sections 194-IA and 194-IB). 7 th August 2019 TDS & TCS Interest @ of 1% per month for Non-Deduction (From date on which tax was deductible till date of actual deduction). For Non-Payment of tax, interest @1.5% per month (From date of deduction till date of payment) Issue of TDS certificate for Tax deducted under section 194-IA in the month of June 2019 14 th August 2019 Form 16B Rs. 100 per day during which the default continues. Issue of TDS certificate for Tax deducted under section 194-IB in the month of June 2019 14 th August 2019 Form 16C Rs. 100 per day during which the default continues. ...
Investing made simple, empowering you to achieve financial freedom and live life on your terms.