TDS E-FILING

TDS E-filing is the process of submitting your quarterly Tax Deducted at Source (TDS) statements online through the official Income Tax Department Portal. 

To file successfully, you must be registered as a Tax Deductor using a valid Tax Deduction and Collection Account Number (TAN). 

1. Key TDS Forms

Choose the correct form based on the type of payment made: 

• Form 24Q: For TDS deducted from salary payments.

• Form 26Q: For TDS on non-salary payments like rent, professional fees, or contracts.

• Form 27Q: For payments made to non-residents.

• Form 27EQ: For collecting Tax Collected at Source (TCS).

2. Crucial Deadlines & Penalties

Quarterly TDS returns are generally due by the 31st of the month following the end of the quarter (except for Q4, which is due by May 31st). 

Quarter Period Due Date

Q1 (April to June)     July 31

Q2 (July to September)   October 31

Q3 (October to December)   January 31

Q4 (January to March)   May 31

• Late Penalty: Missing the deadline will attract a late fee under Section 234E of ₹200 per day until the return is submitted.