tds deposit date The due date for TDS payment is usually the 7th day of the next month - LastdateofTDSpayment TDS Return Due dates come on a quarterly basis Understanding Your TDS Deposit Date: A Comprehensive Guide

TDSreturn duedateextended Navigating the world of tax deductions can be daunting, and one crucial aspect for many individuals and businesses is understanding the TDS deposit dateTimeline for Filing TDS Return Whether you are a deductor responsible for withholding taxes or a taxpayer confirming your obligations, knowing these dates is paramount to avoid penalties and ensure compliance with the Income Tax DepartmentThe due date for depositing TDS to the government is theseventh of next month from the collection month. However, in the case of the TDS deducted in March, the  This guide aims to demystify the TDS landscape, providing clear information on payment and return filing datesTimeline for Filing TDS Return

The fundamental principle when it comes to the TDS payment due date is generally the 7th day of the following month in which the tax was deductedTax deducted or collected at source shall be deposited to the credit of the Central Government by following modes · 1) Electronic mode E-Paymentis mandatory  For example, if TDS was deducted in November, the payment must be credited to the government's account on or before December 7thTDS Payment Due Dates and Late Filing Penalties This is a consistent rule for most months, ensuring timely remittance of collected taxesTDS Return Calendar

Key Dates and Considerations for TDS Payments:

While the 7th of next month is the general rule, there are specific exceptions and nuances to be aware of20211110—If the duedateto pay falls on a public holiday or Sunday, the next working day shall be deemed as the duedate(Section 10 of the General Clauses Act). For instance, TDS deducted in March, the final month of the financial year, has a distinct deadlineTimeline for Filing TDS Return In such cases, the TDS payment due date for March TDS is extended to April 30th20211110—If the duedateto pay falls on a public holiday or Sunday, the next working day shall be deemed as the duedate(Section 10 of the General Clauses Act). This provides a slightly longer window for deductors to complete their filings and payments for the entire financial yearThe duedatesfor filingTDSare • 1st Quarter - for the period between 1st April to 30th June, the duedatefor filing is 31st July. • 2nd Quarter - for the 

For specific types of TDS, the calculation of the date can also differDue dates for depositing TDS as under - 1. For non - government Deductors -7th of next month(except for the month of March where the due date is 30th of  For TDS on the sale of immovable property under Section 194IA, and for TDS on rent paid by an Individual or HUF under Section 194IB, the payment must be made within 30 days from the date of deduction2016211—The due dates for the payment of the deducted TDS areon or before 7th of next month. That is, if the deductor has to pay the TDS of November, then he has to  This is a fixed period and not tied to the 7th of the following monthTDS deposit due date if it falls on Sunday or Holiday

Furthermore, when the prescribed TDS deposit date falls on a Sunday or a public holiday, the deadline is shifted to the next working dayThe due date for depositing TDS to the government is theseventh of next month from the collection month. However, in the case of the TDS deducted in March, the  This is a standard provision under the General Clauses Act, ensuring that taxpayers are not disadvantaged by public holidays13/05/202130th June 2021 is the Lastdatefor filingTDSReturns for 4th QUARTER of FY2020-21. 15/04/2021File Validation Utility - 7.1 

Quarterly TDS Return Filing: A Different Set of Dates

Beyond the immediate payment of deducted TDS, there's the crucial aspect of filing TDS returnsTDS Payment Due Date For FY 2025-26 - Know Now! These returns, which detail all TDS deductions and payments made during a specific period, are filed on a quarterly basis2025127—TDS Payment Due Dates for FY 2025-2026 The due date for TDS payment is usually the 7th day of the next month, except for the month of March,  The TDS Return Due Dates are distinct from the payment dates:

* 1st Quarter (April to June): The due date for filing the TDS return is July 31stTDS Payment Due Date For FY 2025-26 - Know Now! Some sources also indicate July 15th for specific forms like 26Q and 27Q2025710—TDS Q1 return due date (April - June)15th July(for 26Q and 27Q only) or 31st July (for 24Q); TDS Q2 due date (July - September) 15th October 

* 2nd Quarter (July to September): The due date for filing is October 31stTDS & TCS Payment Deposit Due Dates for Govt & Non Again, October 15th is mentioned for certain forms202548—TDS Due Dates – FY 2025–26 ·1.Deposit it by the 7th of the following month· 2.File quarterly TDS returns (Form 24Q/26Q/27Q) by 31st of the month 

* 3rd Quarter (October to December): The due date for filing is January 31stSo make sure to deposit TDSat least 3-4 days before the 15th deadlineto avoid paying late fees. To know about the consequences and penalties for late payment 

* 4th Quarter (January to March): The due date for filing is May 31stTDS Payment Due Date for Every Quarter; 1st Quarter, 1st April to 30th June, 15th July 2018 ; 2nd Quarter, 1st July to 30th September, 15th October 2018 ; 3rd 

It's important to note that these are the general dates for filingTDS & TCS Payment Deposit Due Dates for Govt & Non Some information suggests that 31st May is a key date for the fourth quarter, aligning with the general quarterly filing scheduleTimeline for Filing TDS Return

Consequences of Late Payment and Filing

The Income Tax Department has provisions in place to penalize late complianceTDS Payment Due Dates and Interest on Late Payment Failure to deposit TDS on time can lead to the levy of interest under Section 234E of the Income Tax ActTDS Payment Due Date For FY 2025-26 - Know Now! The penalty for late filing of quarterly TDS returns is also substantial, typically ₹200 per day of delay, with the maximum penalty capped at the amount of TDS itselfTDS & TCS Payment Deposit Due Dates for Govt & Non For example, if you fail to file your TDS return on time for a quarter, you might incur a penalty of ₹200 for each day you are lateTax deducted or collected at source shall be deposited to the credit of the Central Government by following modes · 1) Electronic mode E-Paymentis mandatory  The TDS payment due date is critical, and adhering to it is essential to avoid these financial repercussionsTDS & TCS Payment Deposit Due Dates for Govt & Non

Modes of Payment

The TDS collected must be deposited to the credit of the Central GovernmentSo make sure to deposit TDSat least 3-4 days before the 15th deadlineto avoid paying late fees. To know about the consequences and penalties for late payment  The primary and mandatory mode for this payment is through an electronic mode, also known as E-PaymentDue Dates for E-Filing of TDS Return This ensures transparency and efficiency in tax collectionTax deducted or collected at source shall be deposited to the credit of the Central Government by following modes · 1) Electronic mode E-Paymentis mandatory 

Expert Insight and Conclusion

Understanding the precise TDSpayment due date and TDS return due date is crucial for every deductorTDS deposit due date if it falls on Sunday or Holiday The rules are clear, though specific scenarios like the March TDS payment or TDS on property sales have their own timelinesDuedateofdepositofTDSto the account of government, 7th October 2019.DateofpaymentofTDS, 30th November 2019. Interest on Delay in Deduction. Delay  By staying informed and planning accordingly, you can ensure timely compliance and avoid unnecessary penalties13/05/202130th June 2021 is the Lastdatefor filingTDSReturns for 4th QUARTER of FY2020-21. 15/04/2021File Validation Utility - 7.1  The dates and deadlines are designed to facilitate a smooth tax administration processWhat is TDS - TDS Full Form, Meaning, Rates & Due Date Always refer to the latest notifications from the Income Tax Department for any changes or updates to these datesTDS Payment Due Dates and Interest on Late Payment For instance, checking the specific TDSpayment duedate for FY 2024-25 or the TDS4th Quarter payment duedate for the relevant financial year will ensure you are working with the most current information2023412—TDS Return Due dates come on a quarterly basis. Failure to file quarterly TDS returns will attract a penalty of INR 200 per day. Remember, timely deposit and filing are key to maintaining good standing with tax authoritiesTDS returns must be filed quarterly31st Jul, 31st Oct, 31st Jan, and 31st May. Late filing attracts a penalty of ₹200/day under Section 234E (max = TDS amount)