The​ ​dates​ ​of​ ​submitting​ ​TDS​ ​for​ ​every​ ​quarter​ ​are:

Month​ ​of Quarter Due​ ​date​ ​for​ ​TDS Due​ ​Date Due​ ​Date​ ​for​ ​filing​ ​of
Deduction ending Payment​ ​through for​ ​filing​ ​of Return​ ​for​ ​the
Challan Return financial​ ​year
from​ ​the 2015-16
financial
year
*For For​ ​Other For​ ​Govt. For​ ​Other
2016-17
Govt. Deductor Deductor Deductor
for​ ​All
Deductor
Deductors

April 30th​ ​June 7th​ ​May 31st​ ​July 31st​ ​July 15th​ ​July

May 7th​ ​June

June 7th​ ​July

July 30th 7th​ ​August 31st 31st 15th

Septembe October October October
r
August 7th​ ​September

Septembe 7th​ ​October

r

October 31st 7th​ ​November 31st​ ​Jan 31st​ ​Jan 15th​ ​Jan
December

November 7th​ ​December

 December 7th​ ​Jan

January 31st 7th​ ​Feb 31st​ ​May 15th​ ​May 15th​ ​May
March

February 7th​ ​March

March 7th​ ​April 30th​ ​April

*All​ ​sums​ ​deducted​ ​in​ ​accordance​ ​with​ ​the​ ​provisions​ ​of​ ​Chapter​ ​XVII-B​ ​by​ ​an​ ​office​ ​of
the​ ​Government​ ​without​ ​challan​ ​(Treasury​ ​Challan)​ ​should​ ​be​ ​deposited​ ​on​ ​the​ ​same
day​ ​of​ ​deduction.

In​ ​case​ ​you​ ​have​ ​not​ ​deposited​ ​TDS​ ​by​ ​the​ ​correct​ ​date,​ ​the​ ​following​ ​penalties​ ​are
applicable:

● Late​ ​filing​ ​fee​ ​(if​ ​you​ ​do​ ​not​ ​file​ ​by​ ​the​ ​deadline)
● Interest​ ​(if​ ​you​ ​do​ ​not​ ​deposit​ ​the​ ​TDS​ ​amount​ ​in​ ​time)
● Penalty​ ​(if​ ​TDS​ ​is​ ​not​ ​filed​ ​within​ ​one​ ​year​ ​of​ ​the​ ​due​ ​date)

Late​ ​Filing​ ​Fee

Under​ ​Section​ ​234E,​ ​you​ ​will​ ​have​ ​to​ ​pay​ ​a​ ​fine​ ​of​ ​Rs​ ​200​ ​per​ ​day​ ​(two​ ​hundred)​ ​until
your​ ​return​ ​is​ ​filed.​ ​You​ ​have​ ​to​ ​pay​ ​this​ ​for​ ​every​ ​day​ ​of​ ​delay​ ​until​ ​the​ ​fine​ ​amount​ ​is
equal​ ​to​ ​the​ ​amount​ ​you​ ​are​ ​supposed​ ​to​ ​pay​ ​as​ ​TDS.

For​ ​example,​ ​say​ ​that​ ​your​ ​payable​ ​TDS​ ​amount​ ​is​ ​Rs​ ​5000​ ​on​ ​13th​ ​May​ ​and​ ​you​ ​pay​ ​it
on​ ​17th​ ​November​ ​(i.e.​ ​189​ ​days,​ ​counting​ ​17th​ ​November).​ ​Then​ ​the​ ​calculation
comes​ ​out​ ​to​ ​Rs​ ​200​ ​x​ ​189​ ​days​ ​=​ ​Rs​ ​37800,​ ​but​ ​since​ ​this​ ​is​ ​greater​ ​than​ ​Rs​ ​5000,​ ​you
will​ ​have​ ​to​ ​pay​ ​only​ ​Rs​ ​5000​ ​as​ ​the​ ​late​ ​filing​ ​fee.​ ​Added​ ​to​ ​this,​ ​you​ ​also​ ​have​ ​to​ ​pay
interest​ ​which​ ​is​ ​covered​ ​in​ ​the​ ​next​ ​section.

Interest
 Nature​ ​of Interest​ ​subject​ ​to Period​ ​for​ ​which​ ​interest
Section Default TDS/TCS​ ​amount is​ ​to​ ​be​ ​paid

201A Non​ ​deduction 1%​ ​per​ ​month From​ ​the​ ​date​ ​on​ ​which​ ​tax
of​ ​tax​ ​at deductable​ ​to​ ​the​ ​date​ ​on
source,​ ​either which​ ​tax​ ​is​ ​actually
in​ ​whole​ ​or​ ​in deducted
part

After​ ​deduction 1.5%​ ​per​ ​month From​ ​the​ ​date​ ​of​ ​deduction
of​ ​tax,​ ​non to​ ​the​ ​date​ ​of​ ​payment
payment​ ​of​ ​tax
either​ ​in​ ​whole
or​ ​in​ ​part