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CA Final · Direct Tax Laws & International Taxation · Deduction, Collection and Recovery of Tax

Shreeji Traders Pvt Ltd deducted tax at source from payments to contractors during the quarter ended 30th September of a financial year. Under Rule 219 of the Income-tax Rules, 2026, by which date must the quarterly statement for that quarter (other than a Form 141 case) be furnished?

The statement for the quarter ending 30th September is due on 31st October of the same financial year, as Rule 219(4) provides. The 31st May due date applies only to the March quarter, and 31st January applies to the December quarter.

  1. A31st October of that financial yearCorrect
  2. B30th September of that financial year
  3. C31st January of that financial year
  4. D31st May of the following financial year

Explanation

The table in Rule 219(4) fixes 31st October of the financial year as the due date for the quarter ending 30th September. 31st May applies only to the quarter ending 31st March, and 31st January applies to the quarter ending 31st December. 30th September is the quarter-end date, not the due date.

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