TDS Sections & Due Dates

Payment Code	Old Section	New Section (IT Act 2025)	Nature of Payment	Rate (%)	Threshold (₹)

TDS / TCS Deposit Due Dates — Income Tax Act 2025 (Sec 395 / Rule 218)

🏢 Government Deductors

Same day (Challan)Day of deduction

Without Challan (Apr–Feb)7th of next month

Without Challan (March)7th April

🏛️ Non-Government Deductors

Apr – Feb (monthly)7th of next month

March deductions30th April

Sec 393 [Sl. 3(iii) / 3(iv) / 8(vi)] — Challan-cum-Statement (Form 141)30 days from deduction

📅 TDS Returns (Quarterly)

Q1 (Apr–Jun)31st July

Q2 (Jul–Sep)31st October

Q3 (Oct–Dec)31st January

Q4 (Jan–Mar)31st May

📅 TCS Returns (Quarterly)

Q1 (Apr–Jun)15th July

Q2 (Jul–Sep)15th October

Q3 (Oct–Dec)15th January

Q4 (Jan–Mar)15th May

📜 TDS Certificates (New Act 2025)

Form 130 — Salary TDS (replaces Form 16)15th June

Form 131 — Non-Salary TDS (replaces Form 16A)15 days from return due

Form 132 — Property / Rent / VDA (replaces Forms 16B, 16C, 16D, 16E)15 days from Form 141 due date

Form 133 — TCS Certificate (replaces Form 27D)15 days from return due

📋 Return / Statement Forms (New Act 2025)

Salary TDS Return (replaces 24Q)Form 138

Non-Salary TDS Return (replaces 26Q)Form 139

TDS on NRI Payments (replaces 27Q)Form 140

TCS Returns (replaces 27EQ)Form 144

Specified Transactions — Property / Rent / VDA (replaces 26QB/QC/QD/QE)Form 141

Lower / Nil TDS Application (replaces Form 13)Form 128

Nil TDS Declaration (replaces 15G / 15H)Form 121

Advance Tax Due Dates — Tax Year 2026-27

📌 Key IT Act 2025 Changes (w.e.f. 1 April 2026): All TDS provisions consolidated under Sec 392 (salary) & Sec 393 (non-salary). TCS under Sec 394. Old section numbers (192–194T) must NOT be used for transactions on/after 1 Apr 2026. Return forms renumbered: 24Q→138, 26Q→139, 27Q→140, 27EQ→144. Certificate forms renumbered: 16→130, 16A→131, 16B/C/D/E→132, 27D→133. Nil TDS declaration: Forms 15G/15H merged into Form 121. Foreign remittance: Form 15CA→145, 15CB→146.

📆 Instalment Schedule

1st Instalment (15%)15th June 2026

2nd Instalment (45%)15th September 2026

3rd Instalment (75%)15th December 2026

4th Instalment (100%)15th March 2027

📄 ITR Filing Dates — Tax Year 2026-27

Individuals / Non-Audit31st July 2027

Tax Audit Cases31st October 2027

Transfer Pricing Cases30th November 2027

Belated / Revised ITR31st December 2027

📌 Data sourced from TDS Rate Chart Tax Year 2026-27 prepared by CA Lalit Tyagi. All section references are as per the Income-tax Act, 2025 (effective 1 April 2026). Old section numbers (194C, 194J, etc.) apply only to transactions up to 31 March 2026. For transactions from 1 April 2026, Section 393 / 394 references are mandatory. For queries, contact connect@ltcglobaltax.com