TDS Deposit Due Date — Filing Calendar 2026-27
Due Date
7th of every month (30th April for March)
What is TDS Deposit?
TDS (Tax Deducted at Source) must be deposited with the government after deduction from payments made to vendors, employees, or contractors. The deposited amount is reflected in the deductee's Form 26AS. Timely deposit avoids interest and disallowance of expense deductions.
Who files it?
Any person or entity that deducts TDS under the Income Tax Act — individuals, firms, companies, and government departments — must deposit TDS by the prescribed due date. Failure to deposit results in interest and possible disallowance of deducted expenses.
Late Fee & Penalty
Interest: 1% per month (or part thereof) for late deduction, and 1.5% per month (or part thereof) for late deposit after deduction. Additionally, expenses are disallowed in computation of income if TDS is not deposited timely.
Frequently Asked Questions — TDS Deposit
What is the TDS deposit due date for FY 2026-27?
TDS deducted in any month (except March) must be deposited by the 7th of the following month. TDS deducted in March must be deposited by 30th April.
What is the interest for late TDS deposit?
Interest at 1.5% per month (or part thereof) is charged for late deposit after deduction. For late deduction (where TDS was not deducted at all), interest is 1% per month from the date it was due to be deducted.
Can I deposit TDS using any bank?
TDS is deposited through authorised bank branches or online via the Income Tax portal using Challan 281. Net banking through authorised banks and the NSDL/Protean TIN portal are the standard methods.
What happens if TDS is deducted but not deposited?
The deductor must pay interest at 1.5% per month on the unpaid amount. The corresponding expense deduction may also be disallowed in the deductor's tax return, leading to higher tax liability.
Related Deadlines
Form 24Q
Form 24Q quarterly due dates: 31st May, 31st July, 31st October, 31st January. TDS return for salary payments, late fees, and FY 2026-27 calendar.
Form 26Q
Form 26Q due dates: 31st May, 31st July, 31st October, 31st January. TDS return for non-salary payments like professional fees and rent for FY 2026-27.
Form 27EQ
Form 27EQ quarterly due dates: 15th April, 15th July, 15th October, 15th January. TCS return filing calendar and late fees for FY 2026-27.