TDS Return Filing

What is TDS?

TDS stands for Tax Deducted at Source. TDS is a source of collecting tax by Government of India at the time when a transaction takes place. Here, the tax is required to be deducted at the time money is credited to the payee’s account or at the time of payment, whichever is earlier.

What is TDS Return?

Apart from depositing the tax, the deductor or payer should also file a TDS return.

TDS Return is quarterly statement required to be filed quarterly in Form 24Q, 26Q, 27Q, 27EQ. It is compulsory for deductors or payer to submit a TDS return on time to the Income Tax department. The following details required to file in TDS returns are:

PAN of the deductor and the deductee
Amount of tax paid to the government
TDS challan information
Others, if any

Types of TDS Return Forms

Different types of TDS forms are as follows :-

Form 24Q -TDS on Salaries

Form 26Q – TDS on payments other than Salaries

Form 27Q – TDS on payments made to Non-Residents

Form 27EQ – For TCS

Due Date of Submission of Quarterly TDS Returns

Due dates of submission of quarterly TDS Return are as follows:

For Quarter 1 (April - June): 31st July

For Quarter 2 (July - September): 31st October

For Quarter 3 (October-Dec): 31st January

For Quarter 4 (Jan-March): 31st May

Online TDS Return Filing in India

Online TDS Return Filing in India

What is TDS?

What is TDS Return?

Types of TDS Return Forms

Due Date of Submission of Quarterly TDS Returns