TDS Payment Due Date for FY 2022-23

TDS Payment Due Date for AY 2023-24

Dear reader here is complete details on TDS Payment Due date for AY 2022-23 & AY 2023-24. Find the due date and process of deposit of TDS. Also refer user guide on Penalty for late deposit of TDS. 

All the deductor* of TDS is required to deposit the TDS at a specified Date to the government account. The due date for Payment of TDS is prescribed by the Central Government.

Every deductor is required to deposit the TDS on or before the due date specified.  Failing to deposit TDS on or before the due date results in a penalty. Therefore, the deductor must be aware of the due date of deposit of TDS.

*Deductor – the person who deducts or is under an obligation to deduct tax called deductor

Key facts about Payment of TDS

  • TDS Payment is the payment of TDS to the credit of Government
  • TDS payment should be done after TDS deduction.
  • Deductor is responsible to deposit the TDS.
  • TDS payment is done on monthly basis.
  • TDS payment is made on a specified date (on or before due date)

Person responsible to deposit the TDS

  • Every deductor, who deduct the TDS is required to deposit the TDS amount to the government account on or before the due date
  • No deductor can deposit the TDS deducted unless he has a valid TAN.

TAN required for Payment of TDS

TAN or Tax Deduction and Collection Account Number is a 10 digit alpha numeric number required to be obtained by all persons who are responsible for deducting or collecting tax.

Thus, TAN is needed by all persons who is responsible for deducting, payment and filing of TDS returns.  It is mandatory to Quote TAN in any communication with the income tax department.

Bizindigo will help you to apply for TAN for deduct the TDS, TDS payment, TDS return.

TDS payment due date

Due Dates for Deposit of TDS

Deduction for the MonthDue Date For Payment of TDS
April7th May
May7th June
June7th July
July7th August
August7th September
September7th October
October7th November
November7th December
December7th January
January7th February
February7th March
March30th April

TDS Payment Due Date for AY 2023-24

Due date of deposit of TDS for FY 2022-23 (AY 2023-24). TDS Payment annual calendar 2022.

Deduction for the MonthDue Date for Payment (deposit) of TDS
April, 20227th May, 2022
May, 20227th June, 2022
June, 20227th July, 2022
July, 20227th August, 2022
August, 20227th September, 2022
September, 20227th October, 2022
October, 20227th November, 2022
November, 20227th December, 2022
December, 20227th January, 2023
January, 20237th February, 2023
February, 20237th March, 2023
March, 202330th April, 2023

TDS Payment Due Date for AY 2022-23

Due date of payment of TDS for the FY 2021-22 (AY 2022-23). TDS Payment annual calendar 2022.

Deduction for the MonthDue Date for Payment (deposit) of TDS
April, 20217th May, 2021
May, 20217th June, 2021
June 20217th July, 2021
July 20217th August, 2021
August, 20217th September, 2021
September, 20217th October, 2021
October, 20217th November, 2021
November, 20217th December, 2021
December, 20217th January, 2022
January, 20227th February, 2022
February, 20227th March, 2022
March, 202230th April, 2022

TDS payment due date for March 2022

Due date for payment (deposit) of TDS of March 2022 is 30th April, 2022.

How to Deposit or pay TDS Online?

Process for Payment of TDS Online

TDS payment is made through various challans like ITNS 281 or 26QB (only specified for TDS on House Property).

how to pay tds online

Follow the below steps to deposit or pay the TDS online :

  • Login to the TIN NSDL website / Portal.
  • Select the applicable challan for payment of TDS.
  • Fill in the challan details as required for payment of TDS
  • Select the correct Financial Year for which you want to pay the TDS
  • Select the Correct Assessment Year.

  • Select the appropriate Section of TDS under which you have deducted the TDS.
  • Select the desired Payment mode (e-Payment, Net Banking, any Other mode).
  • Enter your TAN (Issued by the income tax department) in the field specified for it.
  • Fill in other details like address, email id, mobile number, etc.
  • Post confirmation of challan details, proceed to pay the TDS amount

After successful payment of challan amount, an acknowledgment would be generated. Keep the payment acknowledgement for record purpose.

Interest on Late Payment of TDS

Failing to deposit the TDS on time leads to a penalty. Thus, Interest is charged as a penalty for non-deposit of TDS within the Due date. Interest is calculated on the TDS amount at the prescribed rate.

The prescribed rate of Interest is summarized in tabular form below:

SectionNature of DefaultInterest subject to TDS amountPeriod for which interest is to be paid
201ANon deduction of TDS(either in whole or in part)At the rate 1% per monthFrom the date on which TDS is  deducted to the date on which tax is actually deducted
After deduction non-payment of TDS (either in whole or in part)At the rate 1.5% per monthFrom the date of deduction to the date of payment

TDS Late Payment Interest Calculator


Mr. Sumit has deducted a TDS of Rs 2000 on May 20, 2021. But He deposits the TDS amount on the 7th day of July 2021 instead of 7th June (due date of payment of TDS).

So, in this case, he would be liable to pay the interest on Rs 2000 at the rate of 1.5% for the delay in payment of TDS.

TDS Amount: Rs.2000

TDS Deducted on: 20th May

Due Date of Payment: 7th June

Actual Payment Date: 7th July

Interest: Payable:  Rs. 90 (2000*1.5%*3)

1.5% Interest per month for the months May 2021 to Jul 2021 – Rs 90.00

Consult a Tax Expert

BIZINDIGO provides the expert guidance related to Tax Filings, TDS Compliance.

We can help you in guiding applicability of TDS, Payment of TDS and filing of TDS Return or TDS Statement as per lncome Tax Laws. We can also help you with TAN Registration.

Call/WhatsApp: 8851222731

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