Quick Summary
Income Tax Department has enabled the filing of Forms 26Q, 27Q, and 27EQ for the first quarter of the financial year 2023-24.
Form 26Q is a statement of deduction of tax for the first quarter of the financial year, which is required to be furnished by all persons who are deducting tax at source (TDS) under the Income Tax Act, 1961. Form 27Q is a similar statement for TDS on payments made to non-residents. Form 27EQ is a statement of collection of tax by certain persons who are collecting tax at source (TCS) under the Income Tax Act.
The forms can be filed online through the Income Tax Department's e-filing portal. You will need to have a valid PAN and e-filing ID to file the forms.
FAQ :
Forms 26Q, 27Q, and 27EQ can now be filed online for the first quarter of the financial year 2023-24.
Form 26Q is a statement required for furnishing TDS under the Income Tax Act, 1961, by persons deducting tax at source.
Form 27Q is a statement for TDS on payments made to non-residents.
Form 27EQ is a statement for TCS (Tax Collected at Source) by certain persons under the Income Tax Act.
These forms can be filed online through the Income Tax Department's e-filing portal.
You will need a valid PAN and an e-filing ID to file the forms online.
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