TDS Return Filing & Payment Due Dates
Tax Deducted at Source (TDS) payments are usually due on the 7th of the following month and the filing due date is the last day of the month once the relevant quarter ends.
TDS returns must be filed after particular intervals of time, and the information that must be submitted to the income tax authorities includes TAN number, amount deducted, PAN, TDS payment, kind of payment, etc.
Two Types of Due Dates for TDS compliance
- TDS Due Date: This is the date that the tax withheld has to be deposited with the Tax Authority.
- TDS Return Due Date: This is the date that the quarterly return must be submitted to the Tax Authority, detailing all TDS payments made and submitted to the Tax Authority, as well as all TDS payments for the quarter.
Due Date for TDS Payment for FY 2026-2027
The due date for TDS payment is usually the 7th of the next month. The TDS due dates for FY 2026-2027 are mentioned in the table below:
Month of Deduction | Due dates for Depositing TDS |
April 2026 | 7 May 2026 |
May 2026 | 7 June 2026 |
June 2026 | 7 July 2026 |
July 2026 | 7 August 2026 |
August 2026 | 7 September 2026 |
September 2026 | 7 October 2026 |
October 2026 | 7 November 2026 |
November 2026 | 7 December 2026 |
December 2026 | 7 January 2027 |
January 2027 | 7 February 2027 |
February 2027 | 7 March 2027 |
March 2027 | 30 April 2027 |
TDS Return Due Dates for FY 2026-2027
The due dates for filing TDS returns for FY 2026-2027 are mentioned in the table below:
Quarter | Period | Due Date |
1 | 1 April 2026 – 30 June 2026 | 31 July 2026 |
2 | 1 July 2026 – 30 September 2026 | 31 October 2026 |
3 | 1 October 2026 – 31 December 2026 | 31 January 2027 |
4 | 1 January 2027 – 31 March 2027 | 31 May 2027 |
Penalties on TDS/TCS Return After Filing Due Date
In case there are delays in depositing TDS, or errors while filing TDS returns, the following penalties shall become applicable:
- Late filing fees
- Penalty
- Interest
Late Filing Fees
Failure to file your TDS returns within the due date will mean that you will be subject to a late filing fee of Rs.200 per day. The fee will be charged every day after the due date, until the date on which your return is filed.
However, the maximum fees that you will have to pay will be limited to the TDS amount.
Penalty for TDS Return
In case TDS returns are filed after the due date, or there are discrepancies in the return forms, the following penalties shall become applicable:
- Penalty under Section 234E: Under this section of the Income Tax Act, the deductor will be charged Rs.200 per day until TDS is paid, but the penalty amount cannot be more than the TDS amount.
- Penalty under Section 271H: A penalty which may range between a minimum of Rs.10,000 and a maximum of Rs.1 lakh shall be applicable in case wrong details have been submitted, such as incorrect PAN, incorrect tax amount, etc.
A penalty will not be charged under Section 271H of the Income Tax Act in case TDS/TCS returns are not filed within the due date, provided that the following conditions are applicable:
- The TDS/TCS is paid to the government's credit.
- The filing of the TDS/TCS return is done prior to the expiry of one year from the due date.
- The interest and late filing fees (if any) have been paid to the government's credit.
Interest on Late Deposit (Section 201(1A))
- Failure to deduct TDS: Interest at 1% per month is charged from the date the tax was deductible to the date it is actually deducted.
- Failure to deposit TDS after deduction: Interest at 1.5% per month is charged from the date of tax deduction to the date of deposit.
Prosecution (Section 276B)
In cases of wilful default, such as failing to deposit the deducted TDS with the government, prosecution can be initiated, leading to imprisonment for a term of 3 months to 7 years, along with a fine.
How to File Quarterly TDS Return for FY 2026–27
- Visit the official website of the Income Tax Department.
- Enter your user ID, password, and the captcha code, then click the ‘Login’ button.
- After logging in, click on the ‘TDS’ tab, then select ‘Upload TDS’ from the available options.
- Review the details of your TDS Return for 2026. Once everything looks good, click ‘Validate’ to proceed.
- On the next screen, you’ll be able to upload the TDS file.
- If you’re using a digital signature, download the document first, then click on ‘Add’ to attach your signature file.
- Once the upload is successful, a confirmation message will appear on your screen. You’ll also receive a confirmation email on your registered email ID.
FAQs on TDS Return Due Dates
- What is the TDS return filing due date?
The due date is the date when the TDS quarterly return must be filed to the Government and provide the details of the tax amount deducted and the tax amount deposited. The due dates for the current financial year are: 1st Quarter (April - June) - 31July, 2nd Quarter (July - September) - 31October, 3rd Quarter (October - December) - 31January and 4th Quarter (January - March) - 31May.
- Can I be fined for filing incorrect TDS returns?
It is possible to receive a penalty for submitting inaccurate and/or incorrect TDS Returns, as outlined in Section 271H. Penalties range between Rs.10,000 to Rs.100,000.
- How do I determine the interest charged for late TDS Deposits?
When TDS has been deducted but not deposited, there is an interest charge of 1.5% per month beginning on the day of the TDS deduction.
- Will I have to pay an upload fee for the correction of e-TDS/TCS returns?
Yes, an upload fee must be paid for the correction of e-TDS/TCS returns. Depending on the number of records, the fee will vary.
- What is the interest liability for not deducting tax?
If tax is not deducted when required, interest is charged at 1% per month or part of a month on the amount of tax, calculated from the date it was deductible to the actual date of deduction.
- Is there a software available for the preparation of TDS/TCS statement correction?
Various softwares are available to prepare the TDS/TCS statement. The details of the software providers can be found on https://www.tin-nsdl.com/services/etds-etcs/etds-swproviders-etds.html.
- Who is the Administrator for e-filing?
The Director General of Income Tax (Systems) has been appointed as the e-filing administrator by the CBDT.
- What is the due date of TDS returns?
The time limit for TDS deposition is the last day of every month.
- What is Form 26Q?
Statement for TDS from All Payments Except Salaries, Form 26Q. For the TDS on all received payments besides salaries, Form 26Q is needed. It is applicable for TDS under sections 200(3), 193, and 194 of the Income Tax Act of 1961 and must be reported by the deductor each quarter.
- What if TDS is not filled?
According to section 234E, if a person fails to submit the TDS/TCS return by the due date specified in this regard, he will be required to pay a fine of Rs.200 for each day that the failure continues. The amount of late fees cannot be greater than the TDS/TCS amount.
- Who is liable for TDS?
A person (deductor) who owes a specific amount to another person (deductee) is required to dedcut tax at source and repay it to the Central Government.
- Is TDS filled on monthly or quarterly basis?
TDS is filed on a quarterly basis.
- What is the yearly limit for TDS?
The yearly limit for TDS is Rs.30,000.
- Who is eligible for TDS return?
Employers and organizations having valid TAN are eligible for TDS return.
- What are the four types of TDS return forms?
The four types of TDS return forms are 24Q, 26Q, 27Q, and 27EQ.
- Is TDS refundable?
Yes, if you have paid excessive tax, you will get a refund.
News about TDS and TCS
Key Taxation Amendments TDS and TCS Correction Limit Reduced to two Years
The CBDT has changed the rules for correcting TDS and TCS returns. From now on, all mistakes must be fixed within two years from the end of the financial year. From 1 April 2026, if errors like wrong PAN, mismatched amounts, or incorrect details are not corrected within this period, the TRACES portal will reject the request.
The government has also given a temporary relaxation until 31 March 2026, for older years—from FY 2018-19 (Q4) up to FY 2023-24 (Q1–Q3). After this date, no corrections will be allowed for those years. Because of this strict deadline, both deductors and taxpayers must regularly check their TDS/TCS details with Form 26AS and file corrections on time to avoid financial loss.
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