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Form 16: I-T Dept extends deadline for employers

Prime News, National, Business, New Delhi, June 5:- The Income Tax Department has extended the deadline for employers to issue Form 16 TDS (Tax Deducted at Source) certificate for the financial year 2018-19 to its employees by 25 days till 10 of next month. Earlier the last date was June 15.

The due date of filing of TDS statement by employers to the Income Tax Department in Form 24Q for the financial year 2018-19 has been extended by a month till June 30, 2019.

The Central Board of Direct Taxes (CBDT) in a statement said with a view to redressing genuine hardship of deductors in timely filing of TDS statement on account of revision of its format and consequent updating of the file validation utility for its online filing, the deadline is being extended. (Inputs: Agencies, NGB)

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