TDS - Due Dates For Government Deductors Notified
CBDT has amended the Income Tax Rules, 1962 to prescribe separate due dates for filing quarterly TDS returns by Government offices as deductors. The dates are 31st July, 31st October, 31st January and 15th May.
Further now, if the whole or any part of the income on which tax has been deducted at source is assessable in the hands of a person other than the deductee, credit for the whole or any part of the tax deducted at source, as the case may be, shall be given to the other person and not to the deductee.
CBDT Notification No. 57/2011, Dated: October 24, 2011