When to File TDS Return?

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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

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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.

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.

You are supposed to file return with the Income Tax Department of India.

I hope all your doubts about TDS have been cleared.