Worrying
when TDS return is filed.
TDS (Tax Deducted at Source) returns must be filed by certain entities who are required to deduct tax at source from payments made to others.
When Can I File TDS Return?
The due dates for filing TDS returns vary based on the type of deduction and the category of the taxpayer. Here's an overview:
For deductions made under sections 192, 193, 194, 194A, 194B, 194BB, 194C, 194D, 194DA, 194EE, 194F, 194G, 194H, 194I, 194IA, 194IB, 194IC, 194J, 194K, 194LA, and 195, quarterly TDS returns are filed.
The due dates for filing quarterly TDS returns are as follows:
April to June quarter: July 31
July to September quarter: October 31
October to December quarter: January 31
January to March quarter: May 31
For deductions made under section 203AA, an annual TDS return is filed.
The due date for filing the annual TDS return is May 31 of the assessment year following the financial year in which deductions were made.
It's important to note that late filing of TDS returns can attract penalties under Section 234E of the Income Tax Act, 1961. Therefore, it's advisable to file TDS returns within the specified due dates to avoid penalties and ensure compliance with tax regulations.
This is all about when TDS return is filed
.
Get Assistance on Tax Payment with NoBroker Legal ServicesRead more
How to Claim TDS on Sale of Property in ITR
Your Feedback Matters! How was this Answer?
Shifting, House?
✔
Lowest Price Quote✔
Safe Relocation✔
Professional Labour✔
Timely Pickup & Delivery
Intercity Shifting-Upto 25% Off
Check Prices
Intracity Shifting-Upto 25% Off
Check Prices
City Tempo-Upto 50% Off
Book Now
If you are working anywhere, you must know how important it is to be educated about TDS return. I recently got a job and was told about the same. One of the things I learned was, when to file TDS return. Take a look below to know everything I learned.
When to file TDS return ?TDS filing is supposed to be done every three months each year. The filing takes place after each quarter, making it a quarterly statement. You are supposed to file the return to the Income Tax Department. If you don't file the TDS return on time, you will be charged an interest depending on the date of filing.
For the financial year 2021 to 2022, take a look at the table below to know TDS filing date.| Quarter | Period | Last Date of Filing |
| 1st Quarter | 1st April to 30th June | 31st July 2021 |
| 2nd Quarter | 1st July to 30th September | 31st October 2021 |
| 3rd Quarter | 1st October to 31st December | 31st Jan 2022 |
| 4th Quarter | 1st January to 31st March | 31st May 2022 |
You are supposed to file return with the Income Tax Department of India.
I hope all your doubts about TDS have been cleared.
If you want help with Getting Registered Document & Encumbrance Certificate Check out NoBroker Buyer Assist Package. Read more : When TDS is applicable on salary? Who has to pay tds buyer or seller? Who is deductor in TDS?
When to File TDS Return?
Yamna
534 Views
2
3 Year
2022-01-11T07:49:27+00:00 2024-04-06T21:59:35+00:00Comment
Share