Extension of TDS/TCS return due date grants additional time and waives penalty exposure for delayed filing of quarterly returns. Under section 119(2)(a) the Board extends the due date for quarterly TDS and TCS statements for the quarter ending 30 September 2007, under section 200(3) and the proviso to section 206C(3), to 29 February 2008 and provides that delay in filing those returns will not attract penalty for that period.