Home > TDS > Service Plans > Form 26Q (Other Payments) TDS Return Service PlanLast Updated: Dec 27th 2024
Every Service comes with the benefits such as
A comprehensive list of frequently asked questions on TDS Returns On Other Payments.
It is to be submitted for tax deduction at source for all the payments received other than the salary. A guide on TDS on Payments Other than Salaries (Form 26Q)
If TDS / TCS statement is not filed for one year from the due date of filing, there would be a penalty of minimum Rs. 10,000.00 to Rs. 1,00,000.00 for not filing TDS / TCS statement under section 461 of IT Act 2025 (section 271H of IT Act 1961).
There will be a levy of Rs. 200.00 per day under section 427 of IT Act 2025 (section 234E of IT Act 1961), from the due date till the date when statement is filed.
Disclaimer: This article provides an overview and general guidance, not exhaustive for brevity. Please refer Income Tax Act, GST Act, Companies Act and other tax compliance acts, Rules, and Notifications for details.