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TDS & TCS

Form 24Q, Quarterly TDS Return for Salary

Quarterly TDS return reporting tax deducted from salary payments.

Who files it

Employers deducting TDS on employee salaries.

Frequency

Quarterly

Due date

31 July (Q1), 31 October (Q2), 31 January (Q3), 31 May (Q4)

Filed with

TRACES / Income Tax e-filing portal

Form 24Q reports salary paid and TDS deducted for each employee during the quarter, and forms the basis for the Form 16 an employer issues at year-end. The fourth quarter's filing includes annual salary details for the full financial year, not just the January-March period.

Late filing attracts a fee under Section 234E, calculated per day of delay, in addition to any interest on delayed deposit of the tax itself.

This is a quick-reference summary, not a filing walkthrough. Due dates shown are the statutory defaults and can be extended in practice; applicability depends on your specific registration, turnover, and entity type. For general informational purposes only, not professional tax or legal advice.

Read more

TDS Return Filing Basics: Form 24Q, 26Q, and 27Q Explained

Depositing TDS every month is only half the job. Here's why the quarterly return itself, filed as 24Q, 26Q, or 27Q, is what actually gets your deductee their credit.

Related terms

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