TDS and TCS Due Date Chart for FY 2025-26 | AY 2026-27

Tax Deducted at source (TDS) and Tax Collected at source (TCS) plays an important source of Tax collection for the Income Tax Department. Thus delay in collection or deduction of tax, delay in payment of TDS/TCS and filing TDS and TCS Return, leads to good quantum of Interest and Late fees.

What are the due dates?

TDS

The due date for depositing TDS is the 7th of next month. Only for the month of March, the TDS can be deposited up to 30th April. The Due date to file TDS Return for Quarter 1 (April to June), Quarter 2 (July to September), Quarter 3 (October to December) and Quarter 4 (January to March) is 31st July, 31st October, 31st December and 31st May, respectively.

TDS Certificate is required to be issued within 15 Days of Return Filing. However Salary TDS Certificate has to be generated within 15 days of the TDS Return filing of Last Quarter.

TCS

The due date for depositing TCS is the 7th of next month. The Due date to file TCS Return for Quarter 1 (April to June), Quarter 2 (July to September), Quarter 3 (October to December) and Quarter 4 (January to March) is 15th July, 15th October, 15th December and 15th May, respectively.

TCS Certificate is required to be issued within 15 Days of Return Filing.

Here is a due date chart for TDS and TCS Due Date Chart for FY 2025-26 | AY 2026-27

Income Tax Forms for Tax Payment/ Return Filing and Certificate

TAN is required for the filing of these returns.

However, there are certain transactions where TDS is applicable, but TAN is not required for Filing the TDS return. The Return Filing can be done with the PAN of the deductee.

These Transactions are:

• TDS on Sale of Property u/s 194-IA: Challan – cum Statement is Form 26QB and TDS Certificate is in Form 16B
• TDS on Rent u/s 194-IB: Challan – cum Statement is Form 26QC and TDS Certificate is in Form 16C
• TDS on Payment of Certain Sums by Certain Individuals or Hindu Undivided Family u/s 194M: Challan – cum Statement is Form 26QD and TDS Certificate is in Form 16D
• TDS on Payment on transfer of virtual digital asset u/s 194S: Challan – cum Statement is Form 26QE and TDS Certificate is in Form 16E

The Whole information is summarised in this image:

Interest applicable on Non-Deduction/ Collection or Late Deduction/ Collection of TDS and TCS

Non-Deduction/Collection of TDS/TCS

The interest of 1% is applicable on Non-Deduction/ Collection of TDS/TCS for the month or part of the month.

Non-payment to government after Deduction/Collection of TDS/TCS

The interest of 1.5% is applicable on Non-payment to government after Deduction/Collection of TDS/TCS for the month or part of the month.

Meaning of the month or part of the month:

Let’s understand this with the help of an example. M/S ABC Limited made a payment of Rs. 45000 as professional Fees to Mr X. Payment was made on 6th April without deduction of TDS. Later on TDS of Rs was deducted on 3rd May and paid to the government on 10th August.

Interest for Non-Deduction between 6th April to 3rd May will be calculated as 4500 X 1% X 2 Months.

Interest for Non-payment between 3rd May to 10th August will be calculated as 4500 X 1.5% X 4 Months.

Late Filing fees of TDS and TCS returns

According to section 234E, if an individual does not submit the TDS/TCS statement by the deadline specified by the Income Tax Act of 1961, they will be responsible for paying INR 200 for each day that the failure persists.

Maximum of Late Filing fees which can be charged

The total amount of TDS/TCS deducted or collected cannot be greater than the amount of late filing costs.

So basically we need to take care of Late deduction, Late Payment and Late Filing Fees:

TDS Rate Chart for FY 2025-26 | AY 2026-27

TDS Rate Chart – Page 2

TDS Rate Chart – Page 3

TDS Rate Chart – Page 4

Download TDS Rate Chart for FY 2025-26 in PDF. Form

TCS Rate Chart for FY 2025-26 | AY 2026-27

Download TCS Rate Chart for FY 2025-26 in PDF. Form

Hope you find this material helpful.