income tax
Category
Search Results
Choose the option that best describes you
Individuals looking for financial services and expert guidance
Professionals offering financial, tax, or compliance expertise
Earn by referring clients to our platform
Companies, firms, and businesses managing compliance and finance
TDS returns are filed by employers or organizations who have a valid Tax Collection and Deduction Number (TAN) and who has deducted tax at source and deposited it on payments made by them as per Income Tax Act.
100% Secure
Your data is always safe and encrypted with us
Certified Expert
Handled by qualified professionals
Data Protected
End-to-end data privacy guaranteed
2K+ Happy Clients
Trusted by thousands across India
TDS Return Filing
TDS RETURN FILING
What is a TDS certificate and who issues it :-
TDS certificates are the certificates issued by a person (Deductor) deducting TDS on behalf of the deductee (i.e., from whose income TDS was deducted while making payment).
TDS certificates on payments other than salaries are issued every quarter and the
TDS certificate for the salary is provided on annual basis.
Below mentioned are the types of TDS Certificate-
|
Certificate of |
Form |
Frequency |
Due date |
|
TDS on salary payment |
Form 16 |
Yearly |
31st May |
|
TDS on non-salary payments |
Form 16 A |
Quarterly |
15 days from due date of filing return |
|
TDS on sale of property |
Form 16 B |
Every transaction |
15 days from due date of filing return |
|
TDS on rent |
Form 16 C |
Every transaction |
15 days from due date of filing return |
What are the due dates for TDS return filing?
|
Quarter |
Period |
Last Date of Filing |
|
1st Quarter |
1st April to 30th June |
31st July 2022 |
|
2nd Quarter |
1st July to 30th September |
31st October 2022 |
|
3rd Quarter |
1st October to 31st December |
31st Jan 2023 |
|
4th Quarter |
1st January to 31st March |
31st May 2023 |
Late TDS return filing as per section 234E
Rs. 200 every day for such TDS return filing failure continues. However, the late fees shall not exceed the amount of the TDS amount.
Penalty under section 271H
The authority has the power to issue orders to the defaulter to pay the penalty, which can be a minimum of Rs. 10,000 up to the maximum of Rs.1 lakh.
Action points in TDS return filing:
Ezymoneydeals
