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suresh talam (accounts)     08 February 2010

TDS Query

Is it Right that due date for following is 31/03/2010 ?


 TDS for all the payments made on which TDS is to be deducted by the end of Feb 2010 otherwise the expenses will be disallowed u/s. 40a(ia).


And also required to file the TDS Returns for the 3 Quarters ending June 2009, Sept 2009 and Dec 2009 before 31.03.2010. There is a penalty of Rs. 100 per day for delay in filing the TDS Returns.

 5 Replies

Ratan Deep Saxena

Ratan Deep Saxena (Asstt Manager (Accounts & Finance))     08 February 2010

The due dates for filing quarterly TDS returns, both electronic and paper are as under:

Quarter Due Date for Form Nos. 24Q & 26Q Due Date for Form No. 27Q Due Date for Form No. 27EQ
April to June 15 July 15 July 15 July
July to September 15 October 15 October 15 October
October to December 15 January 15 January 15 January
January to March 15 June 15 June 30 April



Ratan Deep Saxena

Ratan Deep Saxena (Asstt Manager (Accounts & Finance))     08 February 2010

Late filing consequences


Following are the consequences for delayed filing of TDS returns.


  1. There is a penalty provision of Rs 100 per day, for delayed filing of Quarterly statement under TDS or TCS.

  2. The filing and thereby consequences are treated separately for Form 24Q, 26Q, 27Q and 27EQ.




Amir (Learner)     08 February 2010

Dear Suesh,

You are absolutely rite brother.........

Regarding TDS return , Yes there is penalty of Rs. 100/day for default but don't think any such clause is there about 31.03.2010

I guess u were testing the knowlege of the members in the forum...:)))

CA Saurabh Shukla

CA Saurabh Shukla (Accounts Executive)     09 February 2010

yes, it is correct that, if U/s 40a(ia) for the month of Apr- Feb TDS is not dedcuted or deposited in Govt. A/c Upto 31/3/2010, that exp. will not be dedutable in the AY 2010-11.

But, if it is Deducted and Deposited in next year it will be Deductable exp. of next year.


Correct me if i am wrong..................


imthiyaz (Tax software Devt professional)     15 July 2010

@ ratan deep saxena...


Sir pls give the section referrence..... related to penalty of 100/day for late filing of TDS/TCS return

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