What are the forms to be used for filing annual/quarterly TDS/TCS returns?
Following are the returns for TDS and TCS and their periodicity:
FormNo Particulats Periodicity
Form 24 Annual return of "Salaries" under
Section 206 of Income Tax Act, 1961 Annual
Form 26 Annual return of deduction of tax
under section 206 of Income Tax Act1961
in respect of all payments other than
"Salaries" Annual
Form 27 Statement of deduction of tax from
interest, dividend or any other sum
payable to certain persons Quarterly
Form 27E Annual return of collection of tax
under section 206C of Income Tax
Act, 1961 Annual
Form 24Q Quarterly statement for tax deducted
at source from "Salaries" Quarterly
Form 26Q Quarterly statement of tax deducted at
source in respect of all payments other
than "Salaries" Quarterly
Form 27Q Quarterly statement of deduction of
tax from interest, dividend or any other
sum payable to non-residents Quarterly
It is very important to file income tax return before the last date of return filing.
ETDS RETURN FILING DUE DATE
FORM 24 Q (TAX DEDUCTUTED FORM SALARY SECTION 192)
1ST QTR=15 JULY
2ND QTR=15 OCT
3RD QTR=15 JAN
4TH QTR=15 JUNE (15 May from Financial year 2010-11)
FORM 26 Q (TAX DEDUCTED FROM CONTRACTORES)
1ST QTR=15 JULY
2ND QTR=15 OCT
3RD QTR=15 JAN
4TH QTR=15 JUNE (15 May from Financial year 2010-11)
FORM 27 Q(See Sections 194E,195,196A*,196B,196C,196D and rule 31A and 37A)
1ST QTR=15 JULY
2ND QTR=15 OCT
3RD QTR=15 JAN
4TH QTR=15 JUNE (15 May from Financial year 2010-11)
FORM 27E (TAX COLLECTED FROM SALE OF SCRAP)
1ST QTR=14 JULY
2ND QTR=14 OCT
3RD QTR=14 JAN
4TH QTR=14 JUNE (15 May from Financial year 2010-11)
Return of Income Tax [with/without FBTReturn]:
Person not required to be audited - 31st July
Person required to be audited - 30 SEPTEMBER FROM AY 2008-09 on ward
Payment of Advance Taxes of Income Tax - Individual/Firms:
1st Payment of 30% - 15th September
2nd Payment of 60% - 15th December
3rd Payment of 100% - 15th March
Payment of Advance Taxes of Income Tax - Companies:
1st Payment of 25% - 15th June
2nd Payment of 50% - 15th September
3rd Payment of 75% - 15th December
4th Payment of 100% - 15th March
Payment of Advance Taxes of Fringe Benefit Tax:
1st Quarter - 15th June
2nd Quarter - 15th September
3rd Quarter - 15th December
4th Quarter - 15th March
Following are the returns for TDS and TCS and their periodicity:
FormNo Particulats Periodicity
Form 24 Annual return of "Salaries" under
Section 206 of Income Tax Act, 1961 Annual
Form 26 Annual return of deduction of tax
under section 206 of Income Tax Act1961
in respect of all payments other than
"Salaries" Annual
Form 27 Statement of deduction of tax from
interest, dividend or any other sum
payable to certain persons Quarterly
Form 27E Annual return of collection of tax
under section 206C of Income Tax
Act, 1961 Annual
Form 24Q Quarterly statement for tax deducted
at source from "Salaries" Quarterly
Form 26Q Quarterly statement of tax deducted at
source in respect of all payments other
than "Salaries" Quarterly
Form 27Q Quarterly statement of deduction of
tax from interest, dividend or any other
sum payable to non-residents Quarterly
It is very important to file income tax return before the last date of return filing.
ETDS RETURN FILING DUE DATE
FORM 24 Q (TAX DEDUCTUTED FORM SALARY SECTION 192)
1ST QTR=15 JULY
2ND QTR=15 OCT
3RD QTR=15 JAN
4TH QTR=15 JUNE (15 May from Financial year 2010-11)
FORM 26 Q (TAX DEDUCTED FROM CONTRACTORES)
1ST QTR=15 JULY
2ND QTR=15 OCT
3RD QTR=15 JAN
4TH QTR=15 JUNE (15 May from Financial year 2010-11)
FORM 27 Q(See Sections 194E,195,196A*,196B,196C,196D and rule 31A and 37A)
1ST QTR=15 JULY
2ND QTR=15 OCT
3RD QTR=15 JAN
4TH QTR=15 JUNE (15 May from Financial year 2010-11)
FORM 27E (TAX COLLECTED FROM SALE OF SCRAP)
1ST QTR=14 JULY
2ND QTR=14 OCT
3RD QTR=14 JAN
4TH QTR=14 JUNE (15 May from Financial year 2010-11)
Return of Income Tax [with/without FBTReturn]:
Person not required to be audited - 31st July
Person required to be audited - 30 SEPTEMBER FROM AY 2008-09 on ward
Payment of Advance Taxes of Income Tax - Individual/Firms:
1st Payment of 30% - 15th September
2nd Payment of 60% - 15th December
3rd Payment of 100% - 15th March
Payment of Advance Taxes of Income Tax - Companies:
1st Payment of 25% - 15th June
2nd Payment of 50% - 15th September
3rd Payment of 75% - 15th December
4th Payment of 100% - 15th March
Payment of Advance Taxes of Fringe Benefit Tax:
1st Quarter - 15th June
2nd Quarter - 15th September
3rd Quarter - 15th December
4th Quarter - 15th March
