FY 2018-19| AY 2019-20

Time-Limits for TDS Return|TDS Deposit/Payment|Form 16A|Interest on Late Deposit

In the previous article we have shared detailed TDS Rates Chart for FY 2018-19 | AY 2019-20 and here we are sharing Due Date for Filing TDS/TCS Return, Issuance of Form 16 and TDS Payment for FY 2017-18 | AY 2018-19.
To Bring Uniformity and to give deductors sufficient time in filing TDS statement CBDT has vide Notification no. 30/2016 dated 29.04.2016 has revised due date for filing above referred TDS statements for Government and Non – Government deductors W.E.F 01.06.2016 as follows:

TDS/TCS Return Filing Last Dates of FY 2018-19

QuarterQuarter PeriodTDS Return Due DateTCS Return Due Date
1st Quarter1st April to 30th June31st July, 201815th July, 2018
2nd Quarter1st July to 30th September31st Oct, 201815th Oct, 2018
3rd Quarter1st October to 31st December31st Jan, 201915th Jan, 2019
4th Quarter1st January to 31st March31st May, 201915th May, 2019


Time-Limits to Deposit|Payment TDS for FY 2018-19

  • Where tax is deducted by the office of the Government: 
S. No.ParticularsDue Date
1.Tax Deposited without ChallanSame Day
2.Tax Deposited with Challan7th of next month
3.Tax on perquisites opted to be deposited by the employer7th of next month
  • In any other case :
S. No.ParticularsDue Date
1.Tax Deductible in March30th April of next year
2.Other Months and Tax opted to be deposited by the employer7th of next month

Time-Limit for Issue of TDS Certificate Form 16A

Form 16A should be issued within 15 days from the due date for furnishing the statement of tax deducted at source.
QuarterQuarter PeriodTDS Return Due DateFORM 16A Due Date
1st Quarter1st April to 30th June31st July, 201815th Aug, 2018
2nd Quarter1st July to 30th September31st Oct, 201815th Nov, 2018
3rd Quarter1st October to 31st December31st Jan, 201915th Feb, 2019
4th Quarter1st January to 31st March31st May, 201915th June, 2019

Interest on late payment of TDS 

SectionNature of DefaultInterest subject to TDS/TCS amountPeriod for which interest is to be paid
201ANon deduction of tax at source, either in whole or in part1% per monthFrom the date on which tax deductible to the date on which tax is actually deducted
After deduction of tax, non payment of tax either in whole or in part1.5% per monthFrom the date of deduction to the date of payment
Note: The above interest should be paid before filing of TDS return.
Under Section 201(1A) for late deposit of TDS after deduction, you have to pay interest. Interest is at the rate of 1.5% per month from the date at which TDS was deducted to the actual date of deposit. Note, that this is to be calculated on a monthly basis and not based on the number of days i.e. part of a month is considered as a full month.