State-specific compliance
TDS Return — Form 26Q (Quarterly) in Andaman & Nicobar Islands
How TDS Return — Form 26Q (Quarterly) applies to a business operating in Andaman & Nicobar Islands, with state-specific authority, citations and current deadlines.
Definition
TDS Return — Form 26Q (Quarterly) as it applies to businesses operating in Andaman & Nicobar Islands. 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 a central regulation that applies uniformly across India, including Andaman & Nicobar Islands. In Andaman & Nicobar Islands, the day-to-day administering authority and the office where filings are submitted will be the jurisdictional Income-tax officer in Andaman & Nicobar Islands.
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
Does TDS Return — Form 26Q (Quarterly) apply to your business in Andaman & Nicobar Islands?
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