TDS Return Filing Form 26Q

Hey,

Is there any interest or penalty for non or late filing of Form 24Q & Form 26Q?

Hey @HarshitShah

Yes, in case you have not deposited TDS by the due date, the following penalties might be applicable:

  • Interest (if you do not deposit the TDS amount in time)

  • Late filing fee (if you do not file by the deadline)

  • Penalty (if TDS is not filed within one year of the due date)

Hope this helps!

Hi,

Could you also tell me what are form 24, 27 and 27E for?

Hey @HarishMehta

Form 24, 27 and 27E are forms to file TDS/TCS returns:

  • Form 24 is to file TDS return detailing Salary Payments

  • Form 27 is to file TDS return detailing Foreign or NRI payment other than salary

  • Form 27E is to file TCS returns

Hope this helps!

Pls help how and where can we submit form 27c. Can we submit it online ?

Hi @KrishnaAgarwal