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1.Due Date for filing TDS returns changed from 1st June 2016.

June Quarter: 31st July

Sep quarter 31st October

Dec quarter 31st January

March quarter 31st May

2.Revised Income Tax rules & Forms for in-house research & development facility. Notification no. 29/2016-IT dated 28/04/2016.

3.In absence of contumacious conduct penalty U/s. 271C not leviable. [ITO (TDS), Vs. Pushpanjali Hospital and Research Centre Pvt. Ltd. (ITAT Agra)].

4.Property TDS Payment due date extended to 30 days. Notification no. 30/2016-IT dated 29/04/2016.

5.Now, deductor is liable to furnish of evidence of claims by employee for deduction of tax under section 192 of IT Act, 1961. Notification no. 30/2016 dated 29.04.2016.

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