State-specific compliance
TDS Return — Form 26Q (Quarterly) in Bihar
How TDS Return — Form 26Q (Quarterly) applies to a business operating in Bihar, with state-specific authority, citations and current deadlines.
Definition
TDS Return — Form 26Q (Quarterly) as it applies to businesses operating in Bihar. 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 Bihar. In Bihar, the day-to-day administering authority and the office where filings are submitted will be the jurisdictional Income-tax officer in Bihar.
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 Bihar?
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