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

Quarter Quarter Period TDS Return Due Date TCS Return Due Date
1st Quarter 1st April to 30th June 31st July, 2018 15th July, 2018
2nd Quarter 1st July to 30th September 31st Oct, 2018 15th Oct, 2018
3rd Quarter 1st October to 31st December 31st Jan, 2019 15th Jan, 2019
4th Quarter 1st January to 31st March 31st May, 2019 15th May, 2019


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

  • Where tax is deducted by the office of the Government: 
S. No. Particulars Due Date
1. Tax Deposited without Challan Same Day
2. Tax Deposited with Challan 7th of next month
3. Tax on perquisites opted to be deposited by the employer 7th of next month
  • In any other case :
S. No. Particulars Due Date
1. Tax Deductible in March 30th April of next year
2. Other Months and Tax opted to be deposited by the employer 7th 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.

Quarter Quarter Period TDS Return Due Date FORM 16A Due Date
1st Quarter 1st April to 30th June 31st July, 2018 15th Aug, 2018
2nd Quarter 1st July to 30th September 31st Oct, 2018 15th Nov, 2018
3rd Quarter 1st October to 31st December 31st Jan, 2019 15th Feb, 2019
4th Quarter 1st January to 31st March 31st May, 2019 15th June, 2019

Interest on late payment of TDS 

Section Nature of Default Interest subject to TDS/TCS amount Period for which interest is to be paid
201A Non deduction of tax at source, either in whole or in part 1% per month From 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 part 1.5% per month From 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.