Statutory Library

Form 24Q — TDS Return (Salary)

Quarterly TDS return by employers for tax deducted at source from salaries under Section 192. Filed 4 times a year. Required to generate Form 16 for employees.

ℹ Due: 31 Jul (Q1), 31 Oct (Q2), 31 Jan (Q3), 31 May (Q4).

Form 26Q — TDS Return (Non-Salary)

Quarterly TDS return for all non-salary payments — interest, rent, contractor payments, professional fees, commission, etc. Most common TDS return for businesses.

ℹ Covers Sections 194A (interest), 194C (contractor), 194J (professional), 194H (commission), 194I (rent).

Form 27Q — TDS (Payments to Non-Residents)

Quarterly TDS return for payments made to non-residents (other than salary) under Sections 195, 196A–196D. Includes royalties, technical fees, dividends to FIIs.

Form 27EQ — TCS Return

Quarterly Tax Collected at Source return under Section 206C — for sellers of specified goods (scrap, minerals, forest produce, etc.) and for remittances, overseas tour packages, luxury goods.

Form 16 — TDS Certificate (Salary)

Annual TDS certificate issued by employer to employee. Part A: TDS deducted & deposited. Part B: Breakup of salary and deductions claimed under Chapter VI-A. Mandatory for salary > tax-free limit.

ℹ Must be issued by employer by 15th June after end of FY.

Form 16A — TDS Certificate (Non-Salary)

Quarterly TDS certificate issued for non-salary payments — interest, rent, professional fees, contracts. Required by deductees to claim TDS credit in their ITR.

ℹ To be issued within 15 days of due date of TDS return.