TDS Due Dates FY 2026-27: Payment & Return Calendar (with penalties)

2026-06-09 · 5 min read · by a CA firm

Missing a TDS date is expensive — interest runs per month and the late-filing fee adds up fast. Here is the full FY 2026-27 calendar and what it costs to slip.

Monthly payment (challan) due dates

TDS deducted in any month from April to February must be deposited by the 7th of the next month. The one exception is March: TDS deducted in March is due by 30 April. So June deductions are due 7 July, and so on. See live dates on our TDS due-date calendar.

Quarterly return due dates

The non-salary return (Form 140, formerly 26Q) and salary return (Form 138, formerly 24Q) are due: Q1 — 31 July, Q2 — 31 October, Q3 — 31 January, and Q4 — 31 May. TDS certificates (Form 16A) follow within about 15 days of the return date; the salary certificate Form 130 is due 15 June after year-end.

What it costs to miss a date

• Late deduction: interest at 1% per month (or part) from when it should have been deducted to when it actually was.
• Late deposit: interest at 1.5% per month (or part) from deduction to deposit.
• Late return: a fee of ₹200 per day under Section 234E, capped at the TDS amount in that return.
• No deduction at all: 30% of the expense can be disallowed.

A simple habit that prevents all of this

Run a quick check each month-end: total your deductions section-wise, pay one challan per section by the 7th, and map each entry to its challan. Bookmark the calendar — it always shows your next deadline.

This article is general information for FY 2026-27, not advice for your specific case. Verify against the latest law or talk to a CA.