Quarterly TDS returns consolidated under new rules. All old 24Q/26Q/27Q replaced.
View in Mapper →
| Nature of Payment |
Rate |
Threshold |
| Commission/Brokerage |
2% |
Rs 20K |
| Rent (Machinery) |
2% |
Rs 50K/mo |
| Professional Fees |
2% |
Rs 50K |
| Dividend |
10% |
Nil |
| Mutual Fund Income |
10% |
Rs 10K |
Full Rate Table →
| Sl. |
Nature of Payment |
Rate |
| 1 |
Sportsman / entertainer (Sec 211) |
20% |
| 2-3 |
Interest on forex / rupee bond |
5% |
| 4 |
Interest — IFSC listed bonds |
4% / 9% |
| 5 |
Interest — infra debt fund |
5% |
| 10 |
Mutual Fund / specified co. units |
20% / DTAA |
| 12,14 |
LTCG on offshore funds / GDRs |
12.5% |
| 17 |
Any other sum (catch-all) |
Rates in force |
Full NRI Rate Table (all 17 entries) →
Note: DTAA rates may apply for Sl. Nos. 10 and 15 (whichever lower). See Note 1 for Sl. Nos. 2-4 interest limits.
| Transaction Type |
Rate |
| Alcoholic Liquor |
5% |
| Motor Vehicle (>Rs 10L) |
1% |
| Scrap/Minerals/Timber |
4.5% |
| Overseas Remittance (>Rs 7L) |
5% |
| Sale of goods (>Rs 50L) |
0.075% |
Form 143: Quarterly return due same as TDS (31 Jul, 31 Oct, 31 Jan, 31 May).
7th of month
TDS deposit deadline (monthly). For March: 30 April.
31 Jul / 31 Oct / 31 Jan / 31 May
TDS/TCS Return (Form 138/140/143/144) filing deadline
15 June
TDS Certificate (Form 130) for salary - annual issue
15 days from return due
TDS Certificate (Form 131) for non-salary - quarterly
Q4 Note: Deposit extended to 30 April for March deductions.
Issued by: Deductor via e-filing portal to deductees
- Unified Rules: Old Rule 31A replaced by Rules 215-220
- Consolidated Returns: All TDS returns (24Q/26Q/27Q) consolidated under single rule
- New Section Numbers: Old 392-394 → New 392-394 (mapping updated)
- Form 138/140/144: Replaces 24Q/26Q/27Q respectively
- Form 143: TCS return (replaces 27EQ)
- Extended Deposit: March TDS deposit due 30 April (vs 15 April)
- e-filing Mandatory: All returns filed electronically; no paper filing
Rules Mapper →
- Deduct TDS only when payment threshold is crossed
- Deposit TDS by 7th of following month (no extension)
- File quarterly return within 31 days of quarter end
- Issue certificates (Form 130/131/132) within prescribed time
- Maintain PAN of deductee (mandatory since April 2025)
- Update PAN in e-filing portal for accuracy
- File revised TDS return within 1 year if errors found
- Reconcile TDS certificates with returns filed by assessee
⚠ Penalty Risk: Non-deposit of TDS: 1% per month. Late return filing: Rs 100/day.
Overseas Tour Packages: 5% TCS on package value
Foreign Remittance: 5% TCS if >Rs 7 lakhs (per remittance)
Scrap Sale: 4.5% TCS (defined scrap only)
Minerals/Timber: 4.5% TCS (notified items)
Tendu Leaves: 5% TCS
Motor Vehicles: 1% TCS if value exceeds Rs 10 lakhs
Goods >Rs 50L: 0.075% TCS on gross amount
Collector's Responsibility: Deposit TCS by 7th of following month. File Form 143 by 31 May (Q4).
| Section |
Topic |
Form |
| 392 |
TDS - Salary |
138 |
| 393 |
TDS - Non-Salary |
140 |
| 393 |
TDS - NR |
144 |
| 394 |
TCS |
143 |
| N/A |
Salary TDS Cert |
130 |
| N/A |
Quarterly Cert |
131 |
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