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TaxQuarterly

TDS deduction & returns

Deduct tax at source where required, deposit it, file quarterly TDS returns, and issue Form 16/16A.

Indicative penalty if missed

₹200/day late-filing fee (s.234E) + interest; possible s.271H penalty.

A ballpark to help prioritise — not an assessment of your liability.

Statutory basis

Income-tax Act, 1961Official statuteofficial source

Track this with your team. Add it to your organisation's compliance register to set due dates and reminders. Open your workspace →

Educational guide, not legal advice. Whether this applies — and the exact due dates, thresholds and penalties — depends on your entity type, turnover, headcount, sector and state. Confirm specifics with a qualified professional.