Q1
Due date
₹200 per day (Sectio
Late fee
Interest
Interest
Who must file
All persons liable to deduct TDS or collect TCS
Due date rule
Q1 (Apr–Jun): 31 July. Q2 (Jul–Sep): 31 October. Q3 (Oct–Dec): 31 January. Q4 (Jan–Mar): 31 May.
Late fee and interest
| Aspect | Scenario | Consequence → |
|---|---|---|
| Late fee (with liability) | — | ₹200 per day (Section 234E) capped at the TDS amount in the return. Additional penalty of ₹10,000–₹1,00,000 under Section 271H. |
| Interest on unpaid tax | — | Interest at 1% per month from the date TDS was deductible to the date of deduction. 1.5% per month from date of deduction to date of deposit (Section 201(1A)). |
| Law reference | — | IT Act 2025 §393 (old §§194C, 194J, etc.), IT Act 1961 §234E |
| Who files | — | All persons liable to deduct TDS or collect TCS |
| Frequency | — | Quarterly |
About TDS Returns (Forms 138/140/143/144)
Quarterly TDS/TCS statements filed by deductors — salary TDS, non-salary TDS, non-resident TDS, TCS
Law reference
IT Act 2025 §393 (old §§194C, 194J, etc.), IT Act 1961 §234E
Frequently asked questions
When is TDS Returns (Forms 138/140/143/144) due?▾
Q1 (Apr–Jun): 31 July. Q2 (Jul–Sep): 31 October. Q3 (Oct–Dec): 31 January. Q4 (Jan–Mar): 31 May.
What is the late fee for TDS Returns (Forms 138/140/143/144)?▾
₹200 per day (Section 234E) capped at the TDS amount in the return. Additional penalty of ₹10,000–₹1,00,000 under Section 271H. Interest: Interest at 1% per month from the date TDS was deductible to the date of deduction. 1.5% per month from date of deduction to date of deposit (Section 201(1A)).
Who must file TDS Returns (Forms 138/140/143/144)?▾
All persons liable to deduct TDS or collect TCS