ITR filing
Income tax returns for individuals, NRIs and businesses.
Learn moreTDS Return Filing in Mumbai & Thane
Quarterly TDS and TCS statements, certificates and corrections — now under the new forms of the Income-tax Act, 2025.
New forms from 1 April 2026
Statements for quarters of tax year 2026-27 onwards are filed in the new forms under the Income-tax Act, 2025 and the Income-tax Rules, 2026. Statements for FY 2025-26 and earlier — including corrections — follow the old forms.
| Statement | Up to 31 March 2026 (1961 Act) | From 1 April 2026 (2025 Act) |
|---|---|---|
| TDS on salary | Form 24Q | Form 138 |
| TDS on payments to residents | Form 26Q | Form 140 |
| TDS on payments to non-residents | Form 27Q | Form 144 |
| TCS | Form 27EQ | Form 143 |
Due dates under Rule 219: 31 July, 31 October and 31 January for the first three quarters, and 31 May after the year end for the last quarter. TCS statements now follow the same dates. Buyers of property and individuals paying certain rent or contract fees file a one-time challan-cum-statement instead of the quarterly forms.
Certificates
- Form 130 (formerly Form 16) — salary TDS certificate, by 15 June after the tax year.
- Form 131 (formerly Form 16A) — non-salary TDS certificate, within 15 days of the statement due date.
- Form 133 (formerly Form 27D) — TCS certificate, within 15 days of the statement due date.
- Form 128 (formerly Form 13) — application for a lower or nil deduction certificate.
What late filing costs
| Default | Consequence |
|---|---|
| Statement filed late | Fee of ₹200 per day until filed, capped at the amount of TDS or TCS (section 427 of the 2025 Act; section 234E of the 1961 Act) |
| Statement not filed, or filed with incorrect details | Penalty of ₹10,000 to ₹1 lakh — not levied if tax, fee and interest are paid and the statement is filed within one month of the due date (section 461; section 271H) |
| Tax not deducted | Interest at 1% a month from when it was deductible |
| Tax deducted but paid late | Interest at 1.5% a month from deduction to payment |
How we handle your TDS
- 1
Monthly
Rate and section check on each payment, challan preparation and deposit reminders.
- 2
Quarterly
Statement prepared from your ledgers, PAN and challan validation, filing through the TIN system.
- 3
Certificates
Certificates downloaded from TRACES (the TDS department's portal) and shared with employees and vendors.
- 4
Corrections
Default notices reviewed and correction statements filed where needed.
Frequently asked questions
Which form do I use for the April–June 2026 quarter?
The new forms: Form 138 for salary, Form 140 for payments to residents, Form 144 for non-residents and Form 143 for TCS. The old Forms 24Q, 26Q, 27Q and 27EQ are used for FY 2025-26 and earlier periods.
What is the late fee if I miss the due date?
₹200 for every day of delay, capped at the amount of tax deducted. A separate penalty can apply if the statement is not filed, unless it is filed within one month of the due date with all dues paid.
Can my payee get a lower TDS rate?
The payee can apply for a lower or nil deduction certificate in Form 128 (formerly Form 13). Until the certificate is issued and shared, the normal rate applies. A Form 13 certificate issued before 1 April 2026 remains valid for the period stated in it.
Related services
TDS rate chart
Section-wise TDS and TCS rates for tax year 2026-27.
Learn moreIncome tax services
Advance tax, tax audit support and assessments.
Learn moreSources: Income-tax Act, 2025 (sections 395, 397, 398, 427 and 461); Income-tax Rules, 2026 (Notification No. 22/2026, rules 213, 215 and 219, as amended); Protean RPU/FVU key features; Income-tax Act, 1961 (sections 201, 234E and 271H) for periods up to 31 March 2026.
Important: This page is general information as at 12 October 2026. It is not legal or tax advice and not a recommendation to act. Rules, forms and due dates change and depend on your facts — please confirm the current position with us or the relevant authority before acting. Any engagement is under a written scope.
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Tell us how many employees and vendors you pay each month — we'll quote a fixed quarterly fee.