Form 141 is a unified challan-cum-statement that simplifies multiple PAN-based TDS payments into a single, easy-to-use form effective from April 1, 2026.
Saloni Kumari | Apr 14, 2026 |
Goodbye Multiple TDS Forms! IT Dept Notifies New Unified Form 141; Effective April 2026
The Income Tax Department has notified a new combined challan-cum-statement called Form 141, under Section 393(1) of the Income Tax Act 2025, effective from April 01, 2026. The form has replaced all the existing TDS forms, including Forms 26QB, 26QC, 26QD, and 26QE. Now, taxpayers can make various PAN-based TDS payments using a single unified form, eliminating the need to use multiple forms.
The newly introduced Form 141 can be used for making several TDS payments, including TDS on rent payments exceeding Rs 50,000 per month (previously used Form 26QC), TDS on the transfer of immovable property (agricultural land not included) valued at Rs 50 lakh or more (previously used Form 26QB), TDS on payments to contractors or professionals exceeding Rs 50 lakh in a financial year by individuals/HUFs not subject to tax audit (previously used Form 26QD) and TDS on the transfer of Virtual Digital Assets (VDA) like cryptocurrencies or NFTs (previously used Form 26QE).
The Form 141 can be accessed at the income tax e-filing portal. To use this form for making any TDS payment, a taxpayer will first need to log in to the Income Tax Portal. Thereafter, move to the “Income Tax Act 2025” section, available on the homepage. Then, select the “New Payment” option. Thereafter, Form 141 will be displayed on the screen. Now, you can proceed to make the TDS payment using the form.
Taxpayers will need to provide PAN details for both the deductor and the deductee while filing the form. Other than that, the address, mobile number, and email ID of both parties and transaction details such as the nature of the service and the payment method will also be needed.
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