TDS Compliance Calendar India — Deposit Dates, Return Due Dates and Form 16

TDS (Tax Deducted at Source) compliance involves three recurring obligations: deducting TDS at the time of payment/credit, depositing it to the government within the prescribed deadline, and filing quarterly TDS returns. Missing any of these attracts interest and penalties. Here is the complete TDS compliance calendar for FY 2025-26.

Monthly TDS Deposit Deadlines

• 7th of the following month — for TDS deducted in April through February
• Example: TDS deducted in September → deposit by 7 October
• 30 April — for TDS deducted in March (one-month extension for March)
• For government deductors: same working day as deduction (no monthly buffer)
• If the 7th falls on a Sunday/holiday, the next working day is the due date

Quarterly TDS Return Due Dates

TDS Return Forms:

• Form 24Q: TDS on salary (Section 192) — deducted by employers
• Form 26Q: TDS on non-salary payments to residents (194A, 194C, 194H, 194I, 194J, 194Q, etc.)
• Form 27Q: TDS on payments to non-residents (Section 195, 196A, etc.)

TDS Certificate Issuance Deadlines

• Form 16 (TDS certificate for salary — Form 24Q): Issued annually by 15 June of the year following the FY
• Form 16A (TDS certificate for non-salary — Form 26Q/27Q): Issued within 15 days of the quarterly TDS return due date
• Q1 Form 16A → by 15 August; Q2 → by 15 November; Q3 → by 15 February; Q4 → by 15 June

Penalties for TDS Defaults

• Non-deduction of TDS: Interest at 1% per month from the date TDS should have been deducted to the date of deduction (Section 201)
• Late deposit of TDS: Interest at 1.5% per month from date of deduction to date of deposit
• Late filing of TDS return: Fee of ₹200 per day of delay (Section 234E) — up to the TDS amount
• Non-filing of TDS return: Penalty under Section 271H — ₹10,000 to ₹1 lakh; in addition, failure to deduct can result in disallowance of the expense

Conclusion

TDS compliance is a monthly and quarterly obligation — missing deposit or return deadlines attracts immediate interest and escalating penalties. SPOTON provides complete TDS management including deduction, deposit, quarterly return filing and Form 16/16A issuance for businesses across Kerala. Contact us for expert TDS compliance services.