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How to File TDS Return Online & Return Filing Process Steps Explained

How to file an online TDS return?

Eligibility criteria for TDS Returns

Forms required to file a TDS return

Based on the purpose of tax deduction, various forms are available to file TDS returns. In addition to this, as mentioned above, it is mandatory to present the returns along with the signed verification in Form 27A. If a deductor wonders how to file a TDS return, the table given below will be useful.

Forms

Details

26

The annual return of deduction of tax under section 206 of the Income Tax Act, 1961 in respect of all payments other than “Salaries”

26Q

Other cases

27

Quarterly statement of deduction of tax from interest, dividend or any other sum payable to certain persons

27E

The annual return of a collection of tax under section 206C of the Income Tax Act, 1961

27Q

Foreign companies, where the deductee is a non-resident

27EQ

Tax Collected at Source

24Q

Salary

Advantages of filing TDS returns

Due dates of filing a TDS return

Apart from knowing how to file a return for TDS, an individual must be thorough with its due date. Here is a table showing the due dates for the fiscal year 2023-2024.

Quarter

Period

Last Date of Filing TDS

1st

1st April - 30th June

30th September 2023

2nd

1st July-30th September

31st October 2023

3rd

1st October-31st December

31st January 2023

4th

1st January-31st March

31st May 2023

In addition to this, there are different dates for the deposition of TDS by government offices and others. Given below is a table showing the due dates for TDS payment.

Credited Amount

Last Date of the TDS Deposit

Government office without challan

Same date

Government office with challan

7th of the immediate upcoming month

Deposit by a government employee

Same as the above point

Deposits by others in March

30th April

Deposits by others in other months

7th of next month

Generally, the last date to file a TDS return is 31st March of any financial year. However, CBDT (Central Board of Direct Taxes)  reserves rights to extend the dates via its circulars.

Furthermore, one can validate TDS return files by updating details in the portal validation utility tool available for free on the NSDL website.

Therefore, by knowing how to file a TDS return, one can have a seamless tax payment procedure and additional benefits.

FAQs about How to File TDS Return