Every assessee whose Tax Deducted at Source (TDS ) has been deducted will have to file his/her TDS return.
Reetu | May 4, 2023 |
TDS/TCS Due Date Calendar: FY 2023-24; Know Every Details
Every assessee whose Tax Deducted at Source (TDS ) has been deducted will have to file his/her TDS return. These forms must be filed at specific intervals of time, and the information that must be supplied to the income tax authorities includes the TAN number (Tax Deduction and Collection Account Number), amount deducted, Permanent Account Number (PAN), TDS payment, kind of payment, and so on. There are late filing costs for TDS returns that are not filed on time, so it is critical to remember the due dates as well as the necessary documentation required.
The tax deductor shall deposit the TDS to the government within the time period specified in Section 200 of the Income Tax Act of 1961. Current income tax regulations require the tax deductor to deposit the tax with the government by the seventh day of the following month. The government and other deductors have varied deadlines for taxes deducted in March. The government has until April 7 to deposit tax deducted. For all other deductors, the tax must be deposited by April 30.
TDS(Tax Deducted at Source)(Form 24Q/26Q/27Q) | |||
Month | Due Date for | ||
Payment | Statement/Return | Certificate (Form 16A) | |
April, 2023 | 07-05-2023 | 31-07-2023 | 15-08-2023 |
May, 2023 | 07-06-2023 | ||
June, 2023 | 07-07-2023 | ||
July, 2023 | 07-08-2023 | 31-10-2023 | 15-11-2023 |
August, 2023 | 07-09-2023 | ||
September, 2023 | 07-10-2023 | ||
October, 2023 | 07-11-2023 | 31-01-2024 | 15-02-2024 |
November, 2023 | 07-12-2023 | ||
December, 2023 | 07-01-2024 | ||
January, 2024 | 07-02-2024 | 03-05-2024 | 15-06-2024 |
February, 2024 | 07-03-2024 | ||
March, 2024 | 30-04-2024 | ||
For Payment Challan No.ITNS 281 is Applicable | |||
For Return | From 24Q (For Salary S.192 & Income of Specified senior citizen S.194P) | ||
From 26Q (For Other than Salary for Payment made to Residents) | |||
From 26Q (For Other than Salary for Payment made to Non-Residents) | |||
For Certificate | Form 16 (For TDS Related to Salary)(Yearly)(Due Date is 15/06/2024 ) | ||
Form 16A (For TDS Related to Other than Salary(Quarterly) |
TCS (Tax Collected at Source)(Form 27EQ) | |||
Month | Due Date for | ||
Payment | Statement/Return | Certificate | |
April, 2023 | 07-05-2023 | 15-07-2023 | 30-07-2023 |
May, 2023 | 07-06-2023 | ||
June, 2023 | 07-07-2023 | ||
July, 2023 | 07-08-2023 | 15-10-2023 | 30-10-2023 |
August, 2023 | 07-09-2023 | ||
September, 2023 | 07-10-2023 | ||
October, 2023 | 07-11-2023 | 15-01-2024 | 30-01-2024 |
November, 2023 | 07-12-2023 | ||
December, 2023 | 07-01-2024 | ||
January, 2024 | 07-02-2024 | 15-05-2024 | 30-05-2024 |
February, 2024 | 07-03-2024 | ||
March, 2024 | 07-04-2024 | ||
For Payment Challan No.ITNS 281 is Applicable | |||
For Statement Form 27EQ is Applicable | For Certificate Form 270 is Applicable |
Form 26QB/26QC/26QD/26QE | |||
Month | Due Date for | ||
Challan cum Statement | Certificate | ||
April, 2023 | 30-05-2023 | 14-06-2023 | |
May, 2023 | 30-06-2023 | 15-07-2023 | |
June, 2023 | 30-07-2023 | 14-08-2023 | |
July, 2023 | 30-08-2023 | 14-09-2023 | |
August, 2023 | 30-09-2023 | 15-10-2023 | |
September, 2023 | 30-10-2023 | 14-11-2023 | |
October, 2023 | 30-11-2023 | 15-12-2023 | |
November, 2023 | 30-12-2023 | 14-01-2024 | |
December, 2023 | 30-01-2024 | 14-02-2024 | |
January, 2024 | 01-03-2024 | 16-03-2024 | |
Feburary, 2024 | 30-03-2024 | 14-04-2024 | |
March, 2024 | 30-04-2024 | 15-05-2024 | |
Challan cum Statement | Certificate | Description | |
Form 26QB | Form 16 B | TDS on sale of Property 194-IA | |
Form 26QC | Form 16 C | TDS on Rent of Property 194-IB | |
Form 26QD | Form 16 D | TDS on Payment to Resident Contractor & Professionals S.194M | |
Form 26QE | Form 16 E | TDS on Payment for Transfer of Virtual Digital Asset S.194S |
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