Every TDS due date for payments, deposits and returns — laid out month by month with the penalty for missing each one.
TDS is the most penalty-heavy compliance area in the Income Tax Act. A missed challan triggers 1.5% per month interest, a late return adds ₹200/day under 234E, and persistent default can disallow 30% of the entire expense under Section 40(a)(ia). This calendar tells you every date that matters and what happens if you miss it. Small teams usually outsource this cycle — see our TDS and TCS return filing service.
| Deduction month | Deposit due date |
|---|---|
| April | 7 May |
| May | 7 June |
| June | 7 July |
| July | 7 August |
| August | 7 September |
| September | 7 October |
| October | 7 November |
| November | 7 December |
| December | 7 January |
| January | 7 February |
| February | 7 March |
| March | 30 April (extended) |
All TDS deposits are via Challan ITNS 281. Government deductors use book-adjustment instead of cash payment.
| Quarter | Period | Due date |
|---|---|---|
| Q1 | April–June | 31 July |
| Q2 | July–September | 31 October |
| Q3 | October–December | 31 January |
| Q4 | January–March | 31 May |
| Form | Reports |
|---|---|
| 24Q | TDS on salary |
| 26Q | TDS on non-salary payments to residents |
| 27Q | TDS on payments to non-residents |
| 27EQ | TCS |
| Default | Penalty |
|---|---|
| Late deduction (failure to deduct) | 1% per month on TDS amount |
| Late deposit (deducted, not deposited) | 1.5% per month from deduction to deposit |
| Late filing of TDS return | ₹200 per day under 234E (capped at TDS amount) |
| Non-filing / wrong filing | ₹10,000 to ₹1,00,000 under 271H |
| Failure to issue TDS certificate | ₹100 per day per certificate u/s 272A(2)(g) |
| Failure to deduct/deposit | 30% expense disallowance u/s 40(a)(ia) |
Form 13 lets the deductee apply to the assessing officer for a lower / nil TDS rate when the projected tax liability is lower than the statutory TDS rate. Common for startups in initial loss years, NRIs selling property, contractors with thin margins. The order specifies a validity period — share it with every deductor to avoid full-rate TDS.
Mistakes in TDS returns — wrong PAN, wrong section, wrong amount, wrong date — must be fixed via a correction statement. There's no due date, but every quarter the defaulted PAN remains uncorrected, the deductee can't claim credit and starts complaining loudly. Fix within 30 days of detection.
Reconcile your TDS deducted vs deposited monthly. The cumulative number on TRACES should match your ledger to the rupee. A 50-rupee mismatch left for a year compounds into a default trail.
TDS Reconciliation Analysis and Correction Enabling System (TRACES) is where everything lives — challan status, return filing, correction status, Form 16/16A download, default summaries. Register the same day you obtain TAN. Check the dashboard at least monthly.
TDS isn't complicated — it's relentless. Build the monthly routine, automate where you can, reconcile every month against TRACES. Do that and you'll never see a 234E demand or a 40(a)(ia) disallowance.
Senior contributor at Taxpex Consultancy. Reviewed by a practising Chartered Accountant. Published on 10 February 2026 · Updated on 10 February 2026.
TDS & TCS — done for you by Taxpex
Prefer a CA to handle this end to end? TDS & TCS Return Filing is our dedicated, fixed-fee service — this guide explains the process, that page gets it filed.
Go to TDS & TCS Return FilingDeduct, deposit and report TDS on time. We file 24Q (salary), 26Q (non-salary), 27Q (NRI) and 27EQ (TCS), reconcile with TRACES and issue Form 16 / 16A to your deductees.
All 30+ TDS sections, thresholds, rates and applicability — in one practical chart with notes on the recent rate cuts and Section 194T.
1 September 2026 · 7 minThe difference between Form 16 and Form 16A in one place: Form 16 is the salary TDS certificate, Form 16A covers non-salary TDS. Who issues each, due dates, Part A vs Part B, and how to match both against Form 26AS and AIS before filing your ITR.
28 November 2025 · 10 minForeign software, royalty, professional fees, capital gains — when to deduct, what rate to apply, and how to file 15CA/CB without errors.
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