{"id":105,"date":"2025-09-24T20:16:25","date_gmt":"2025-09-24T14:46:25","guid":{"rendered":"https:\/\/amfos.in\/taxupdates\/?p=105"},"modified":"2025-09-24T20:16:25","modified_gmt":"2025-09-24T14:46:25","slug":"all-about-tds","status":"publish","type":"post","link":"https:\/\/amfos.in\/taxupdates\/2025\/09\/24\/all-about-tds\/","title":{"rendered":"All about TDS"},"content":{"rendered":"

TDS<\/span><\/strong>,\u00a0<\/span>or\u00a0<\/span>Tax\u00a0<\/span>Deducted\u00a0<\/span>at\u00a0<\/span>Source<\/span><\/strong>,\u00a0<\/span>is\u00a0<\/span>an\u00a0<\/span>income\u00a0<\/span>tax\u00a0<\/span>that\u00a0<\/span>is\u00a0<\/span>deducted\u00a0<\/span>from\u00a0<\/span>certain\u00a0<\/span>payments\u00a0<\/span>such\u00a0<\/span>as\u00a0<\/span>salary,\u00a0<\/span>rent,\u00a0<\/span>commission,\u00a0<\/span>and\u00a0<\/span>professional\u00a0<\/span>fees\u00a0<\/span>at\u00a0<\/span>the\u00a0<\/span>time\u00a0<\/span>of\u00a0<\/span>payment.\u00a0<\/span>The\u00a0<\/span>person\u00a0<\/span>making\u00a0<\/span>the\u00a0<\/span>payment\u00a0<\/span>is\u00a0<\/span>responsible\u00a0<\/span>for\u00a0<\/span>deducting\u00a0<\/span>TDS\u00a0<\/span>and\u00a0<\/span>depositing\u00a0<\/span>it\u00a0<\/span>with\u00a0<\/span>the\u00a0<\/span>government.\u00a0<\/span>This\u00a0<\/span>system\u00a0<\/span>helps\u00a0<\/span>streamline\u00a0<\/span>tax\u00a0<\/span>collection\u00a0<\/span>and\u00a0<\/span>ensures\u00a0<\/span>that\u00a0<\/span>tax\u00a0<\/span>is\u00a0<\/span>collected\u00a0<\/span>at\u00a0<\/span>the\u00a0<\/span>source\u00a0<\/span>of\u00a0<\/span>income.\u00a0<\/span><\/span><\/p>\n

TDS Rate Chart for FY 2025-26<\/span><\/h2>\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

Sections<\/span><\/strong><\/h3>\n<\/td>\n

\n

Payment Type<\/span><\/strong><\/h3>\n<\/td>\n

\n

Rate (%)<\/span><\/strong><\/h3>\n<\/td>\n<\/tr>\n

192<\/td>\nSalary payment<\/td>\nNormal Slab Rate<\/td>\n<\/tr>\n
192A<\/td>\nWithdrawal from employee\u2019s provident fund<\/td>\n10%<\/td>\n<\/tr>\n
193<\/td>\nInterest on securities<\/td>\n10%<\/td>\n<\/tr>\n
194<\/td>\nDividend income<\/td>\n10%<\/td>\n<\/tr>\n
194 A<\/td>\nInterest income other than Interest on securities<\/td>\n10%<\/td>\n<\/tr>\n
194B<\/td>\nIncome from lotteries, crossword puzzles, card games and any other games involved in gambling or betting<\/td>\n10%<\/td>\n<\/tr>\n
194C<\/td>\nPayment\/ credit to a resident contractor or sub-contractor<\/td>\n1% for HUF and individuals, and
\n2% for others<\/td>\n<\/tr>\n
194D<\/td>\nInsurance Commission<\/td>\n5%<\/td>\n<\/tr>\n
194EE<\/td>\nPayment under National Savings scheme<\/td>\n10%<\/td>\n<\/tr>\n
194 G<\/td>\nCommission on sale of lottery tickets<\/td>\n10%<\/td>\n<\/tr>\n
Sec 194H<\/td>\nCommission or Brokerage<\/td>\n5<\/td>\n<\/tr>\n
Sec 194-I<\/td>\nRental Income<\/td>\n2% for plant, machinery or equipment, and
\n10% for land or building or furniture or fitting.<\/td>\n<\/tr>\n
Sec 194-IA<\/td>\nPayment for the sale of any immovable property other than agricultural land<\/td>\n1%<\/td>\n<\/tr>\n
Sec 194LA<\/td>\nPayment on acquisition of any specific immovable property<\/td>\n10%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n<\/div>\n

Important Dates for TDS Payment:<\/strong><\/h2>\n

The TDS deductor is required to deposit the TDS amount or TDS challan on the 7th of the following month. However, for the TDS deducted in March, the due date for payment is 30th April.<\/p>\n

\n\n\n\n\n\n\n\n
\n

Quarters<\/strong><\/h3>\n<\/td>\n

\n

TDS Payment Date<\/strong><\/h3>\n<\/td>\n<\/tr>\n

\n

Quarter 1-<\/strong><\/h3>\n

April<\/p>\n

May<\/p>\n

June<\/p>\n<\/td>\n

 <\/p>\n

7th May<\/p>\n

7th June<\/p>\n

7th July<\/td>\n<\/tr>\n

\n

Quarter 2 –<\/strong><\/h3>\n

July<\/p>\n

August<\/p>\n

September<\/td>\n

\n

\n

7th August<\/p>\n

7th September<\/p>\n

7th October<\/p>\n<\/td>\n<\/tr>\n

\n

Quarter 3 –<\/strong><\/h3>\n

October<\/p>\n

November<\/p>\n

December<\/td>\n

\n

\n

7th November<\/p>\n

7th December<\/p>\n

7th January<\/p>\n<\/td>\n<\/tr>\n

\n

Quarter 4 –<\/strong><\/h3>\n

January<\/p>\n

February<\/p>\n

March<\/td>\n

\n

7th February<\/p>\n

7th March<\/p>\n

30th April<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n<\/div>\n

TDS Return Filing Due Dates for FY 2025\u201326:<\/strong><\/h3>\n\n\n\n\n\n\n\n
\n

Quarter<\/strong><\/h3>\n<\/td>\n

\n

Period Covered<\/strong><\/h3>\n<\/td>\n

\n

TDS Return Due Date<\/strong><\/h3>\n<\/td>\n<\/tr>\n

\n

Q1<\/p>\n<\/td>\n

\n

1st April 2025 to 30th June 2025<\/p>\n<\/td>\n

\n

31st July 2025<\/p>\n<\/td>\n<\/tr>\n

\n

Q2<\/p>\n<\/td>\n

\n

1st July 2025 to 30th September 2025<\/p>\n<\/td>\n

\n

31st October 2025<\/p>\n<\/td>\n<\/tr>\n

\n

Q3<\/p>\n<\/td>\n

\n

1st October 2025 to 31st December 2025<\/p>\n<\/td>\n

\n

31st January 2026<\/p>\n<\/td>\n<\/tr>\n

\n

Q4<\/p>\n<\/td>\n

\n

1st January 2026 to 31st March 2026<\/p>\n<\/td>\n

\n

31st May 2026<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

TDS Returns Form:<\/strong><\/h3>\n\n\n\n\n\n\n\n
\n

Form\u00a0<\/strong><\/h3>\n<\/td>\n

\n

Purpose<\/strong><\/h3>\n<\/td>\n<\/tr>\n

\n

Form 24Q<\/p>\n<\/td>\n

\n

For reporting TDS deducted on salary payments<\/strong> made to resident employees.<\/p>\n<\/td>\n<\/tr>\n

\n

Form 26Q<\/p>\n<\/td>\n

\n

For reporting TDS on non-salary payments (e.g., interest, commission, professional fees<\/strong>) made to resident individuals\/entities.<\/p>\n<\/td>\n<\/tr>\n

\n

Form 27Q<\/p>\n<\/td>\n

\n

For reporting TDS on non-salary<\/strong> payments made to non-resident<\/strong> individuals or foreign companies<\/strong>.<\/p>\n<\/td>\n<\/tr>\n

\n

Form 27EQ<\/p>\n<\/td>\n

\n

For reporting Tax Collected at Source (TCS),<\/strong> i.e., tax collected by sellers from buyers on the sale of specified goods.<\/strong><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Fees And Penalty For Late\/Non-Filing of TDS\/TCS Statements<\/h2>\n

In case the person fails to file TDS\/TCS statement within the specified due date, then the person will be liable to pay a Late fee of Rs. 200 per day u\/s 234E but not exceeding the total TDS\/TCS amount.<\/p>\n

Further, the assessing officer can direct the person to pay a penalty of minimum Rs. 10,000 and maximum Rs. 1,00,000 u\/s 271H. Also penalty under 271H can also be levied when incorrect details are furnished by the deductor.<\/p>\n

The following table summarises the fees and penalty applicable in case of late or Non-filing of the statement:<\/p>\n

\n
\n\n\n\n\n\n\n<\/colgroup>\n\n\n\n\n
Senario<\/strong><\/td>\nSection<\/strong><\/td>\nApplicability<\/strong><\/td>\nAmount (Rs.)<\/strong><\/td>\nLimit<\/strong><\/td>\n<\/tr>\n
Fee For Late Filing<\/td>\n234E<\/td>\nLate or Non-filing<\/td>\nRs. 200 per day<\/td>\nTotal TDS\/TCS Amount<\/td>\n<\/tr>\n
Penalty For Late Filing<\/td>\n271H<\/td>\nNot filing within 1 year of due date<\/td>\nRs. 10,000 to Rs. 1,00,000<\/td>\nAs assessed by the officer<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/figure>\n

How to Pay TDS Online?<\/span><\/a><\/h2>\n<\/div>\n

You can pay your TDS amount online and directly through the bank as well. But to deposit TDS through the bank, you need a challan copy downloaded from the income-tax portal with a valid CRN (challan reference number) number.<\/p>\n

For more info visit – https:\/\/amfos.in<\/a><\/p>\n

What are the New TDS Rules?<\/h2>\n

After Budget 2025, some changes were made to the existing TDS rules. Here are some of the new TDS rules that you should be aware of:<\/strong><\/p>\n

Currently, TDS is deducted if total interest income exceeds \u20b940,000 for the general public and \u20b950,000 for senior citizens. This limit has now been increased to \u20b950,000 for the general public and \u20b91 lakh for senior citizens.<\/p>\n

 <\/p>\n

Interest earned on government securities, bonds, and debentures will now be subject to TDS only if it exceeds \u20b910,000 in a financial year.<\/p>\n

 <\/p>\n

The government has revised the TDS threshold for dividend income. Earlier, TDS was deducted if dividends exceeded \u20b95,000, but this limit has now been increased to \u20b910,000.<\/p>\n

 <\/p>\n

For the lottery, horse racing, and betting winnings, TDS will be deducted if a single transaction exceeds \u20b910,000. Previously, TDS was deducted if total accumulated gains exceeded Rs 10,000 in a year.<\/p>\n

 <\/p>\n

The TDS threshold for commissions and brokerage has been raised from \u20b915,000 to \u20b920,000, providing relief to insurance agents and brokers.<\/p>\n

 <\/p>\n

The threshold for TDS deduction on rent payments has been increased from \u20b92.4 lakh to \u20b96 lakh per year. This means no TDS will be deducted if the monthly rent is less than \u20b950,000.<\/p>\n

 <\/p>\n

TDS will now be deducted for professionals and technical service providers if total payments exceed \u20b950,000 in a year. Previously, this limit was \u20b930,000 per year.<\/p>\n

For more info visit – https:\/\/amfos.in<\/a><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

TDS,\u00a0or\u00a0Tax\u00a0Deducted\u00a0at\u00a0Source,\u00a0is\u00a0an\u00a0income\u00a0tax\u00a0that\u00a0is\u00a0deducted\u00a0from\u00a0certain\u00a0payments\u00a0such\u00a0as\u00a0salary,\u00a0rent,\u00a0commission,\u00a0and\u00a0professional\u00a0fees\u00a0at\u00a0the\u00a0time\u00a0of\u00a0payment.\u00a0The\u00a0person\u00a0making\u00a0the\u00a0payment\u00a0is\u00a0responsible\u00a0for\u00a0deducting\u00a0TDS\u00a0and\u00a0depositing\u00a0it\u00a0with\u00a0the\u00a0government.\u00a0This\u00a0system\u00a0helps\u00a0streamline\u00a0tax\u00a0collection\u00a0and\u00a0ensures\u00a0that\u00a0tax\u00a0is\u00a0collected\u00a0at\u00a0the\u00a0source\u00a0of\u00a0income.\u00a0 TDS Rate Chart for FY 2025-26 Sections Payment Type Rate (%) 192 Salary payment Normal Slab Rate 192A Withdrawal from employee\u2019s provident fund 10% 193 Interest on securities 10% … Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"ppma_author":[53],"class_list":["post-105","post","type-post","status-publish","format-standard","hentry","category-tds","entry"],"authors":[{"term_id":53,"user_id":1,"is_guest":0,"slug":"taxupdates_user","display_name":"Areful Mallick","avatar_url":"https:\/\/amfos.in\/taxupdates\/wp-content\/uploads\/2025\/09\/cropped-img19-96x96.png","author_category":"1","first_name":"Areful","last_name":"Mallick","user_url":"https:\/\/amfos.in\/","job_title":"CEO & Founder","description":"CEO & Founder"}],"_links":{"self":[{"href":"https:\/\/amfos.in\/taxupdates\/wp-json\/wp\/v2\/posts\/105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amfos.in\/taxupdates\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amfos.in\/taxupdates\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amfos.in\/taxupdates\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amfos.in\/taxupdates\/wp-json\/wp\/v2\/comments?post=105"}],"version-history":[{"count":1,"href":"https:\/\/amfos.in\/taxupdates\/wp-json\/wp\/v2\/posts\/105\/revisions"}],"predecessor-version":[{"id":106,"href":"https:\/\/amfos.in\/taxupdates\/wp-json\/wp\/v2\/posts\/105\/revisions\/106"}],"wp:attachment":[{"href":"https:\/\/amfos.in\/taxupdates\/wp-json\/wp\/v2\/media?parent=105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amfos.in\/taxupdates\/wp-json\/wp\/v2\/categories?post=105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amfos.in\/taxupdates\/wp-json\/wp\/v2\/tags?post=105"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/amfos.in\/taxupdates\/wp-json\/wp\/v2\/ppma_author?post=105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}