Due date for Deposit of Tax Deducted at Source

Sl. No.	Description	Time up to which to be deposited.
1	Tax deductible in March	30th APRIL NEXT FINANCIAL YEAR
2	Tax deductible in any other month	7TH DAY NEXT MONTH
3	Tax on perquisites opt to be deposited by the employer	7TH DAY NEXT MONTH

Dates of filing Quarterly Statements E-TDS Return 24Q

Sl. No	Return for Quarter ending	Due date for Government Offices	Due date for Other Deductors
1	30th June	31st July	15th July
2	30th September	31st October	15th October
3	31st December	31st January	15th January
4	31st March	15th May	15th May

Stay on Levy U/S.234E by Karnataka High Court - Constitutional Validity Questioned

Adithya Bizorp Solutions India Pvt. Ltd vs. UOI (Karnataka High Court)

Sec 234E: High Court grants interim stay on enforcement of notices for levy of fee for failure to file TDS statement

S. 234E of the Income-tax Act, 1961 inserted by the Finance Act, 2012 provides for levy of a fee of Rs. 200/- for each day’s delay in filing the statement of Tax Deducted at Source (TDS) or Tax Collected at Source (TCS). 

The constitutional validity of s. 234E has been challenged in the Karnataka High Court. Vide an interim order dated 19.02.2014 the High Court held as follows:

"Petitioners have questioned the constitutional validity of the provision of Sec. 234E of the Income Tax Act and a notice to the petitioner levying fee vide Annexure A1 to A21 and Annexure - B.  Pending consideration of the grounds in the writ petition, it is desirable that enforcement of notices referred to above issued by the 4th respondent are stayed until further orders".

Stay on Levy U/S.234E by Kerala High Court - Legal Validity Questioned

Narath Mapila LP School Vs. UOI (Kerala High Court)

S. 234E: High Court grants interim stay on levy of fee for failure to file TDS statement

S. 234E of the Income-tax Act, 1961 inserted by the Finance Act, 2012 provides for levy of a fee of Rs. 200/- for each day’s delay in filing the statement of Tax Deducted at Source (TDS) or Tax Collected at Source (TCS). 

The constitutional validity of s. 234E has been challenged in the Kerala High Court. Vide an interim order dated 18.12.2013, the High Court has admitted the Petition and granted a stay of proceedings for a period of two months.

Changes in TDS Rates w.e.f. 01/10/2009

Applicable for AY 2010-11 (FY 2009-10)

194-I: Rental Payments
Earlier rates:Plant and Machinery = 10%
Land or building or furniture or fittings to Individual/HUF = 15%
Land or building or furniture or fittings to Others = 20%
Revised Rates:
Plant and Machinery = 2%
Land or building or furniture or fittings to anyone = 10%


194-C: Contracts
Earlier rates:
Contracts = 2%
Sub-Contracts = 1%
Advertisement Contracts = 1%
Revised Rates:Contracts to Individuals/HUF = 1%
Contracts to others = 2%
Surcharge and Cess


No surcharge or Cess is applicable for TDS. Only the specified TDS rates should be considered for deduction.