This is to bring to your kind attention that Withholding Tax Return u/s-75A of ITO, 1984 shall be due on 1st January & 1st July and the last date of submission is 31 January & 31 July respectively.


You should be well aware of this if you failed to submit the Withholding Tax Return within the time then there is a strict provision to impose penalty U/S-124 of ITO 1984.

 

In order to avoid the penal action u/s-124 of ITO, 1984 and the dis-allowances under the different head of expenditures shall be claimed in the audited accounts; you should submit Withholding Tax Return u/s-75A within the stipulated time.

 

This is to mention that there is no such provision or scope in the income tax law to extend the time for submission of withholding tax Return.