NO EXTENSION FOR FORM 27 EQ(TCS RETURN)

[Reeba Raju]

Every other returns relating to TDS and TCS was extended to July 15th from May 31st. Form 27EQ was not extended from May 15th.Penalty is also not waived till date. Kindly guide in this matter

[DR.MARIAPPAN GOVINDARAJAN]

You have to face consequences for non filing.

AI Summary

TCS return compliance remains mandatory; failure to file the specified TCS return attracts penalties despite extensions for others. Form 27EQ remained subject to its original filing deadline while other TDS/TCS returns were extended, and no waiver of penalty was granted; consequently, failure to file Form 27EQ continues to attract penalties and other consequences for non filing.