Due Date of filing TDS Return – Penalty and forms [Guide 2023]
Dear friend, here’s a quick guide on the provisions of the TDS Return due date. Here, we are going to discuss the points related to the filing of TDS return (TDS Quarterly statement) such as-
- What is the due date for filing of TDS return?
- Penalty for late filing of TDS return
- Various types of TDS forms.
- Interest on late payment of TDS
As we know, TDS Return is filed on a quarterly basis. There are different forms prescribed for filing the Tax Deducted at Source (TDS) statement or return.
There are late filing fees for delayed filing of returns so it is very important to keep the due dates in mind.
TDS return filing due date for FY 2023-24 [AY 2024-25]
Due dates of filing quarterly TDS statements for the Financial year 2023-24 & assessment year 2024-25.
| Quarter | Month | Last Date of Filing |
| 1st Quarter (April to 30th June) | April, May, June | 31st July 2023* (extended to 30th Sep 2023) |
| 2nd Quarter (1st July to 30th September) | July, August, September | 30th October 2023* |
| 3rd Quarter (1st October to 30th December) | October, November, December | 31st January 2024 |
| 4th Quarter (1st Jan to 31st March) | January, February, March | 31st May 2024 |
*CBDT has extended the due date of filing TDS/TCS returns (Form No. 26Q, 27Q, and Form No. 27EQ for the first quarter of the financial year 2023-24 from 31st July 2023 to 30th September 2023. (Circular No. 9/2023)
What is the due date for filing TDS return for FY 2021-22?
Due date of filing TDS return for the financial year 2021-22 & AY 2022-23.
| Quarter | Month | Last Date of Filing |
| 1st Quarter (April to 30th June) | April, May, June | 31st July 2021 |
| 2nd Quarter (1st July to 30th September) | July, August, September | 30th October 2021 |
| 3rd Quarter (1st October to 30th December) | October, November, December | 31st January 2022 |
| 4th Quarter (1st Jan to 31st March) | January, February, March | 31st May 2022 |
TDS Return Due Dates for FY 2020-2021 & AY 2021-22
| Quarter | Month | Last Date of Filing |
| 1st Quarter (April to 30th June) | April, May, June | 31st July 2020 |
| 2nd Quarter (1st July to 30th September) | July, August, September | 30th October 2020 |
| 3rd Quarter (1st October to 30th December) | October, November, December | 31st January 2021 |
| 4th Quarter (1st Jan to 31st March) | January, February, March | 31st May 2021 |
TDS Return Due Date for FY 2018-19 and AY 2019-20
Due date of filing tds return for the financial year 2018-19
| Quarter | Month | Last Date of Filing |
| 1st Quarter (1st April to 30th June) | April, May, June | 31st July 2018 |
| 2nd Quarter (1st July to 30th September) | July, August, September | 30th October 2018 |
| 3rd Quarter (1st October to 30th December) | October, November, December | 31st January 2019 |
| 4th Quarter (1st Jan to 31st March) | January, February, March | 31st May 2019 |
Penalty for Late Filing of TDS Return
Section 234E of the Income Tax Act, talk about the penalty for late filing of TDS Return.
If a taxpayer fails to file the TDS return on or before the due date prescribed, then he or she will be liable to pay, by way of fee, a sum of Rs. 200 for every day during which the failure continues.
However, the maximum amount of late fees will not exceed the amount of TDS.
TDS Return or TDS Statement Forms
There are various types of TDS Return Forms for different natures of payment. TDS Statement is required to be submitted in the correct TDS return form. Below is the list of TDS return forms for your reference:
| TDS Return Forms | Particulars of the TDS Return Forms |
| Form 24Q | Statement for Tax Deducted at Source from Salaries |
| Form 26Q | Statement for Tax Deduction on Income received from interest, dividends, or any other sum payable to non-residents. |
| Form 27Q | Statement for Tax Deduction on Income received from interest, dividends, or any other sum payable to non residents. |
| Form 27EQ | Statement of Collection of Tax at Source (TCS). |
