30th October – Due date of issuing TCS certificate for Quarter 2 of Financial Year 2025-2026
31st October – Due date of filing TDS Returns for Quarter 2 of Financial Year 2025-2026
7th November – Due date for TDS / TCS payment for deductions / collections during October 2025
15th November – Due date of issuing TDS certificate for Quarter 2 of Financial Year 2025-2026
*Please ensure timely compliance to avoid interest and/or penalties TDS / TCS Compliances for October 2025
Fees and Penalty for Late Filing of TDS Returns are as follows:
Section 234E – Levy of Fees
- Failure to submit TDS return on time will result in fees on the deductor.
- If you delay or forget to file your TDS return, fees of Rs. 200 per day will be levied on the deductor, as long as TDS return is not filed.
- The levied amount of fee is not supposed to exceed the TDS deductibles.
- Prior to TDS filing such fee should be paid and it should be reflected in the TDS return.
Section 271H – Penalty
- Deductor has to pay a penalty ranging from minimum of Rs. 10,000/- to One Lac rupees,
- If deductor exceeds one year time limit to File TDS return.
- If deductor furnishes incorrect details like PAN, TDS Amount, Payment of Challan etc.
For more details on Consequences of TDS defaults, Click here
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