TDS Return Due Date
Tax Deducted at Source (TDS) is applicable to certain transactions or payments so that the government can monitor income and restrict tax evasion. A company/entity or an individual responsible for deducting TDS is supposed to deposit the deducted amount with the government and file TDS returns within the prescribed deadlines.
These returns should be filed after particular intervals of time, and the information that must be submitted to the income tax authorities includes TAN number, amount deducted, PAN, TDS payment, kind of payment, etc.
Due Date for TDS Payment for FY 2025-2026
The due date for TDS payment is usually the 7th of the next month. The TDS due dates for FY 2025-2026 are mentioned in the table below:
Month of Deduction | Due dates for Depositing TDS |
April 2025 | 7 May 2025 |
May 2025 | 7 June 2025 |
June 2025 | 7 July 2025 |
July 2025 | 7 August 2025 |
August 2025 | 7 September 2025 |
September 2025 | 7 October 2025 |
October 2025 | 7 November 2025 |
November 2025 | 7 December 2025 |
December 2025 | 7 January 2026 |
January 2026 | 7 February 2026 |
February 2026 | 7 March 2026 |
March 2026 | 30 April 2026 |
TDS Return Due Dates for FY 2025-2026
The due dates for filing TDS returns for FY 2025-2026 are mentioned in the table below:
Quarter | Period | Due Date |
1 | 1 April 2025 – 30 June 2025 | 31 July 2025 |
2 | 1 July 2025 – 30 September 2025 | 31 October 2025 |
3 | 1 October 2025 – 31 December 2025 | 31 January 2026 |
4 | 1 January 2026 – 31 March 2026 | 31 May 2026 |
Different Types of TDS Forms
The following are the TDS return forms and the purpose for which they are used:
Type of Form | Description of the Form |
Form 24Q | This form is used for reporting TDS on salary payments. |
Form 26Q | This form is used to record TDS on payments such as interest, professional fees, and other such items. |
Form 27Q | This form is used to report TDS on payments made to overseas firms or non-residents who are not companies. |
Form 27EQ | Collection of tax at source |
Penalties on TDS/TCS Return After Filing Due Date
In case there are delays in depositing TDS, or errors while filing TDS returns, the following penalties shall become applicable:
- Late filing fees
- Penalty
- Interest
Late Filing Fees
Failure to file your TDS returns within the due date will mean that you will be subject to a late filing fee of Rs.200 per day. The fee will be charged for every day after the due date, until the date on which your return is filed. However, the maximum fees that you will have to pay will be limited to the TDS amount.
Example
For instance, if your TDS payable amount is Rs.7,500 on 14th May, and the amount is paid on 19th November, the total number of days between the aforementioned dates is 190. Therefore, Rs.200 per day for 190 days will be Rs.38,000. However, since your TDS payable amount is Rs.7,500, your late filing fees will be only Rs.7,500 and not Rs.38,000. But, you will be charged an interest to you.
Penalty for TDS Return
In case TDS returns are filed after the due date, or there are discrepancies in the return forms, the following penalties shall become applicable:
- Penalty under Section 234E: Under this section of the Income Tax Act, the deductor will be charged Rs.200 per day until TDS is paid, but the penalty amount cannot be more than the TDS amount.
- Penalty under Section 271H: A penalty which may range between a minimum of Rs.10,000 and a maximum of Rs.1 lakh shall be applicable in case wrong details have been submitted, such as incorrect PAN, incorrect tax amount, etc.
A penalty will not be charged under Section 271H of the Income Tax Act in case TDS/TCS returns are not filed within the due date, provided that the following conditions are applicable:
- The TDS/TCS is paid to the government's credit.
- The filing of the TDS/TCS return is done prior to the expiry of one year from the due date.
- The interest and late filing fees (if any) have been paid to the government's credit.
How to File Quarterly TDS Return for FY 2025–26
- Visit the official website of the Income Tax Department.
- Enter your user ID, password, and the captcha code, then click the ‘Login’ button.
- After logging in, click on the ‘TDS’ tab, then select ‘Upload TDS’ from the available options.
- Review the details of your TDS Return for 2025. Once everything looks good, click ‘Validate’ to proceed.
- On the next screen, you’ll be able to upload the TDS file.
- If you’re using a digital signature, download the document first, then click on ‘Add’ to attach your signature file.
- Once the upload is successful, a confirmation message will appear on your screen. You’ll also receive a confirmation email on your registered email ID.
What is the Interest on Late Payment of TDS?
The interest rate on the TDS late deposit is given below:
Sections | Default Type | TDS/TCS Return Interest | The Time Frame Within Which the Interest Payment Must Be Made |
201(1A)(i) | Tax at source is not deducted (partially/completely) | 1%/month | From the day the TDS is required to be deducted to the date it is actually deducted |
201(1A)(ii) | Tax at source is not paid to the Indian government after it has been deducted (in part or entirely). | 1.5%/month | From the date the TDS is required to be deducted to the date it is deposited |
As per Section 201(1A), a delayed deposit of TDS post deduction incurs interest at a rate of 1.5% per month. Interest accrues from the deduction date to the actual deposit date, calculated on a monthly basis without considering the number of days. In essence, a portion of a month is treated as a full month.
For instance, if a TDS of Rs. 5,000 was deducted on 13 January 2023 and paid on 17 May 2023, the interest amounts to Rs. 375, computed as follows: Rs. 5000 x 1.5% p.m. x 5 months (January to May).
While the Income Tax Act of 1961 does not define a 'month', court rulings typically interpret it as a period of 30 days rather than a calendar month. Interest accrues from the TDS deduction date, not the due date.
Consider a scenario where TDS is deposited one month after the due date. For instance, if TDS was deducted on 21 February 2023, with a due date of 7 March 2023, but deposited on 8 March 2023 (one day late), interest applies from 21 February 2023 to 8 March 2023, totalling two months. Hence, an interest of 1.5% p.m. x 2 months = 3% on the TDS amount is levied.
Note: The aforementioned interest must be paid prior to filing the TDS return.
FAQs on TDS Return Due Dates
- Will I have to pay an upload fee for the correction of e-TDS/TCS returns?
Yes, an upload fee must be paid for the correction of e-TDS/TCS returns. Depending on the number of records, the fee will vary.
- What is the interest liability for not deducting tax?
If tax is not deducted when required, interest is charged at 1% per month or part of a month on the amount of tax, calculated from the date it was deductible to the actual date of deduction.
- Is there a software available for the preparation of TDS/TCS statement correction?
Various softwares are available to prepare the TDS/TCS statement. The details of the software providers can be found on https://www.tin-nsdl.com/services/etds-etcs/etds-swproviders-etds.html.
- Who is the Administrator for e-filing?
The Director General of Income Tax (Systems) has been appointed as the e-filing administrator by the CBDT.
- What is the due date of TDS returns?
The time limit for TDS deposition is the last day of every month.
- What is Form 26Q?
Statement for TDS from All Payments Except Salaries, Form 26Q. For the TDS on all received payments besides salaries, Form 26Q is needed. It is applicable for TDS under sections 200(3), 193, and 194 of the Income Tax Act of 1961 and must be reported by the deductor each quarter.
- What if TDS is not filled?
According to section 234E, if a person fails to submit the TDS/TCS return by the due date specified in this regard, he will be required to pay a fine of Rs.200 for each day that the failure continues. The amount of late fees cannot be greater than the TDS/TCS amount.
- Who is liable for TDS?
A person (deductor) who owes a specific amount to another person (deductee) is required to dedcut tax at source and repay it to the Central Government.
- Is TDS filled on monthly or quarterly basis?
TDS is filed on a quarterly basis.
- What is the yearly limit for TDS?
The yearly limit for TDS is Rs.30,000.
- Who is eligible for TDS return?
Employers and organizations having valid TAN are eligible for TDS return.
- What are the four types of TDS return forms?
The four types of TDS return forms are 24Q, 26Q, 27Q, and 27EQ.
- Is TDS refundable?
Yes, if you have paid excessive tax, you will get a refund.
News about TDS and TCS
Key Taxation Amendments TDS and TCS Correction Limit Reduced to two Years
The CBDT has changed the rules for correcting TDS and TCS returns. From now on, all mistakes must be fixed within two years from the end of the financial year. From 1 April 2026, if errors like wrong PAN, mismatched amounts, or incorrect details are not corrected within this period, the TRACES portal will reject the request.
The government has also given a temporary relaxation until 31 March 2026, for older years—from FY 2018-19 (Q4) up to FY 2023-24 (Q1–Q3). After this date, no corrections will be allowed for those years. Because of this strict deadline, both deductors and taxpayers must regularly check their TDS/TCS details with Form 26AS and file corrections on time to avoid financial loss.
Disclaimer
Credit Card:
Credit Score:
Personal Loan:
Home Loan:
Fixed Deposit:
Copyright © 2025 BankBazaar.com.