Taxeon

TDS Statements / Returns: Every person responsible to deduct tax must funrnish TDS statement in specified form & in the specified manner. These statememts should be filed on or before the due dates specified in the Income Tax Act.

Particulars	Form
TDS on Salary	Form No. 24Q
TDS on payment other than salary to a non-resident or a foreign company or a resident but not ordinarily resident	Form No. 27Q
TDS on payment other than salary to any person other than above	Form No. 26Q
TDS on sale of immovable property	Form No. 26QB
TDS on payment of rent by certain individual or HUF	Form No. 26QC
Quarterly statement of collection of (TCS) tax at source	Form No. 27EQ

Proof of Deduction / TDS Certificates: It mandatory to issue TDS certificate downloaded from www.tdscpc.gov.in. The deductor shall verify the accuracy of contents. The certificate is valid only if it is duly authenticated by a manual or digital signature.

Particulars	Form	Issued
TDS on Salary	Form No. 16	Yearly, 15th June
TDS on payment other than salary to a non-resident or a foreign company or a resident but not ordinarily resident	Form No. 16A	Quarterly
TDS on payment other than salary to any person other than above	Form No. 16A	Quarterly
TDS on sale of immovable property	Form No. 26QB	For every transaction
TDS on payment of rent by certain individual or HUF	Form No. 26QC	For every transaction
Quarterly statement of collection of (TCS) tax at source	Form No. 27D	Quarterly

Due Dates for Submitting TDS statements & Issuing Certificates

Type	Q1	Q2	Q3	Q4
TDS	31st July	31st October	31st January	31st May
Form 16/16A	15th August	15th November	15th February	15th June
TCS	15th July	15th October	15th January	15th May
Form 27D	30th July	30th October	30th January	30th May

Mode of Filing TDS Statements / Returns: The TDS statments can be filed in Electronic format only. Such electronic returns should be accompanied by Form No. 27A, duly signed by the authorised person of the deductor. Statments prepared should be submited through the Efiling portal of Income tax or through the TIN-FC managed by NSDL.