TDS Return Filing: Form 24Q, 26Q and 27Q Due Dates for FY 2025-26
Every employer and business deducting tax at source must file TDS returns each quarter. Missing a deadline can trigger penalties and fees.
TDS RETURN FORMS: WHICH ONE DO YOU NEED
Form 24Q is for TDS deducted on salary payments under Section 192. It also covers TDS under Section 194P, where a specified bank deducts tax for eligible senior citizens.
Form 26Q covers TDS on payments to residents under Sections 192A to 196D (excluding salary under 192/194P and payments to non-residents). Common examples include interest (194A), contractor payments (194C), commission (194H), rent (194I), and professional fees (194J).
Form 27Q applies to TDS on payments under Sections 193 to 196D where the deductee is a non-resident, a foreign company, or a resident but not ordinarily resident.
QUARTERLY DUE DATES FOR FY 2025-26
Q1 (April to June): 31 July
Q2 (July to September): 31 October
Q3 (October to December): 31 January
Q4 (January to March): 31 May
The TDS payment itself (depositing the deducted tax) is generally due by the 7th of the following month, except for March where the due date is 30 April for non-government deductors.
PENALTIES FOR LATE FILING
Section 234E imposes a late filing fee of Rs 200 per day from the due date until the return is filed. The total fee is capped at the TDS amount deductible for that quarter.
Section 271H allows the Assessing Officer to levy a penalty of Rs 10,000 to Rs 1,00,000 for filing a late or incorrect TDS statement. However, no penalty is imposed if the deductor pays the tax, interest, and late filing fee, and files the statement within one month of the due date (amended from one year, effective from 1 April 2025). This penalty is discretionary.
HOW TO FILE TDS RETURNS
1. Prepare the return using NSDL s Return Preparation Utility (RPU) or any TDS-compliant software.
2. Validate the file using NSDL s File Validation Utility (FVU).
3. Upload on the Income Tax e-Filing portal at incometax.gov.in under e-File, Income Tax Forms, File TDS Statement.
4. Download acknowledgment after successful upload.
PRACTICAL TIP
Start preparing your return at least a week before the due date. Challan mismatches and PAN errors are the most common reasons for rejection. Reconcile your challans on TRACES in advance to avoid surprises.
TDS RETURN FORMS: WHICH ONE DO YOU NEED
Form 24Q is for TDS deducted on salary payments under Section 192. It also covers TDS under Section 194P, where a specified bank deducts tax for eligible senior citizens.
Form 26Q covers TDS on payments to residents under Sections 192A to 196D (excluding salary under 192/194P and payments to non-residents). Common examples include interest (194A), contractor payments (194C), commission (194H), rent (194I), and professional fees (194J).
Form 27Q applies to TDS on payments under Sections 193 to 196D where the deductee is a non-resident, a foreign company, or a resident but not ordinarily resident.
QUARTERLY DUE DATES FOR FY 2025-26
Q1 (April to June): 31 July
Q2 (July to September): 31 October
Q3 (October to December): 31 January
Q4 (January to March): 31 May
The TDS payment itself (depositing the deducted tax) is generally due by the 7th of the following month, except for March where the due date is 30 April for non-government deductors.
PENALTIES FOR LATE FILING
Section 234E imposes a late filing fee of Rs 200 per day from the due date until the return is filed. The total fee is capped at the TDS amount deductible for that quarter.
Section 271H allows the Assessing Officer to levy a penalty of Rs 10,000 to Rs 1,00,000 for filing a late or incorrect TDS statement. However, no penalty is imposed if the deductor pays the tax, interest, and late filing fee, and files the statement within one month of the due date (amended from one year, effective from 1 April 2025). This penalty is discretionary.
HOW TO FILE TDS RETURNS
1. Prepare the return using NSDL s Return Preparation Utility (RPU) or any TDS-compliant software.
2. Validate the file using NSDL s File Validation Utility (FVU).
3. Upload on the Income Tax e-Filing portal at incometax.gov.in under e-File, Income Tax Forms, File TDS Statement.
4. Download acknowledgment after successful upload.
PRACTICAL TIP
Start preparing your return at least a week before the due date. Challan mismatches and PAN errors are the most common reasons for rejection. Reconcile your challans on TRACES in advance to avoid surprises.
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Disclaimer: This content is the author's personal opinion and analysis. It does not constitute professional tax or legal advice. Consult a qualified professional for specific advice on your situation.
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