TDS Return — Form 26Q (Quarterly)

Definition

Every deductor (employer, contractor payer, rent payer above threshold, professional fee payer) must file Form 26Q quarterly disclosing TDS on non-salary payments to residents.

• SourceIncome-tax Act, 1961 — Section 200(3) read with Rule 31A — Section 200(3); Rule 31Aincometax.gov.in

What it means in practice

TDS Return — Form 26Q (Quarterly) is administered by Income Tax Department / CBDT. The obligation is grounded in Income-tax Act, 1961 — Section 200(3) read with Rule 31A (Section 200(3); Rule 31A).

Q1: 31 Jul, Q2: 31 Oct, Q3: 31 Jan, Q4: 31 May. Form 24Q is the parallel salary-TDS return.

• SourceIncome-tax Act, 1961 — Section 200(3) read with Rule 31A — Section 200(3); Rule 31Aincometax.gov.in

Triggers (applicability predicates)

These predicates are evaluated by Compliance Radar's applicability engine against a business profile to decide whether this rule applies.

• deducts_tds=true

Deadlines and penalty

Cadence: quarterly

Penalty for default: Late filing: Rs 200/day (Sec 234E) capped at TDS amount; non-filing penalty Rs 10,000-1,00,000 (Sec 271H).

Citations

• SourceIncome-tax Act, 1961 — Section 200(3) read with Rule 31A — Section 200(3); Rule 31Aincometax.gov.in