| Q NO. |
QUESTION |
ANSWER |
| 1 |
What is e-TDS return |
e-TDS return is a TDS return prepared in form No.24,26 or
27 in electronic media as per prescribed data structure in either a floppy
or a CD ROM. The floppy or CD ROM prepared should be accompanied by a signed
verification in Form No.27A |
| 2 |
Who needs to file e-TDS return |
As per Section 206 of Income Tax Act all corporate and
government deductors are compulsorily required to file their TDS return on
electronic media (i.e. e-TDS returns). However, for other Deductors, filing
of e-TDS return is optional |
| 3 |
What are the forms to be used for filing these returns
(annual / quarterly) |
| Following are the returns for TDS and TCS and
their periodicity: |
|
| |
| Form No |
Particulars |
Periodicity |
| Form 24 |
Annual return of "Salaries" under
Section 206 of Income Tax Act, 1961 |
Annual |
| Form 26 |
Annual return of deduction of tax under section
206 of Income Tax Act, 1961 in respect of all payments other than
"Salaries" |
Annual |
| Form 27 |
Statement of deduction of tax from interest,
dividend or any other sum payable to certain persons |
Quarterly |
| Form 27E |
Annual return of collection of tax under section
206C of Income Tax Act, 1961 |
Annual |
| Form 24Q |
Quarterly statement for tax deducted at source
from "Salaries" |
Quarterly |
| Form 26Q |
Quarterly statement of tax deducted at source in
respect of all payments other than "Salaries" |
Quarterly |
| Form 27Q |
Quarterly statement of deduction of tax from
interest, dividend or any other sum payable to non-residents |
Quarterly |
| Form 27EQ |
Quarterly statement of collection of tax at
source |
|
|
| 4 |
What are the due dates for filing of these returns |
| The due dates for filing quarterly TDS
returns, both electronic and paper are as under: |
|
| |
| Quarter |
Due Date |
Due Date for 27 Q |
| April to June |
July 15 |
14 July |
| July to September |
October 15 |
14 October |
| October to December |
January 15 |
14 January |
| January to March |
June 15 |
14 June |
|
|