TDS/TCS returns require timely deposit, prescribed quarterly forms, electronic filing for specified deductors, and penalties for late filing. Persons who deduct or collect tax must deposit amounts to the Central Government within prescribed time and furnish periodic statements in prescribed forms: salary and employer deductions in Form 24Q; non-resident payees in Form 27Q; other deductees in Form 26Q; virtual digital asset transfers in Form 26QF with specified particulars; and monthly challan-cum-statements (Forms 26QE/26QB/26QC/26QD) electronically within 30 days from the end of the month in which deduction is made. Electronic filing is mandated for specified classes of deductors; correction statements and a refund claim procedure in Form 26B are provided. Late fees and penalties apply for delayed filing.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
TDS/TCS returns require timely deposit, prescribed quarterly forms, electronic filing for specified deductors, and penalties for late filing.
Persons who deduct or collect tax must deposit amounts to the Central Government within prescribed time and furnish periodic statements in prescribed forms: salary and employer deductions in Form 24Q; non-resident payees in Form 27Q; other deductees in Form 26Q; virtual digital asset transfers in Form 26QF with specified particulars; and monthly challan-cum-statements (Forms 26QE/26QB/26QC/26QD) electronically within 30 days from the end of the month in which deduction is made. Electronic filing is mandated for specified classes of deductors; correction statements and a refund claim procedure in Form 26B are provided. Late fees and penalties apply for delayed filing.
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