Due Date of TDS Payment and Return For AY 2022-23

As per Income Tax Act, 1961 every person or company making some payment of specified nature, is required to deduct TDS at specified rates. After that, the same needs to be deposited, and the return of TDS is required to be filed before the due date. Here in this post, we are discussing the TDS Due Date For AY 2022-23 for payment and the date for filing of TDS return.

TDS Due Date For AY 2022-23

TDS Due Date For Payment- The due dates for payment of TDS are the 7th of next month in which TDS is deducted/credited and for the month of March, it is 30th April. For easy considerations of the viewer, here is the tabulated chart of quarter-wise TDS Due Date For AY 2022-23.

TDS 1st Quarter Due Date

MonthQuarterTDS Due Date For Payment
April1st qtr07th May 2021
May1st qtr07th June 2021
June1st qtr07th July 2021

TDS 2nd Quarter Due Date

MonthQuarterTDS Due Date For Payment
July 20212nd qtr07th August 2021
August 20212nd qtr07th September 2021
September 20212nd qtr07th October 2021

TDS 3rd Quarter Due Date

MonthQuarterTDS Due Date For Payment
October 20213rd qtr07th November 2021
November 20213rd qtr07th December 2021
December 20213rd qtr07th January 2022

TDS 4th Quarter Due Date

MonthQuarterTDS Due Date For Payment
January 20224th qtr07th February 2022
February 20224th qtr07th March 2022
March 20224th qtr30th April 2022

Note:- If the payment of TDS is not made in time then the same will be charged at the rate of 18% p.a. (i.e. 1.5% per month). The same needs to be paid before filing of TDS return.

TDS Due Dates For Return Filling For AY 2022-23: In the above table, we show that the payment of TDS is made monthly although the return of TDS is filed quarterly. The due dates for return filing of TDS are the last date of the month after quarter-end, and for the last quarter, the due date is 31st May. For easy considerations of the viewer, here is the tabulated chart showing the TDS Due Date For AY 2022-23 for return filing.

QuarterMonthTDS Due Date For Return Filing
1st QuarterApril-June31st July 2022
2nd QuarterJuly-September31st October 2022
3rd QuarterOctober-December31st January 2022
4th QuarterJanuary-March31st May 2022

Note:- If the return is not filed in time, then as per section 234E the deductor will have to pay the late fee of Rs. 200 per day till the failure to file the return and it is subject to the maximum amount of TDS for which the statement needs to be filed.

As per section 271H, the assessing officer may direct a person who fails to file the statement of TDS within the due date to pay a minimum penalty of Rs. 10,000 which may extend to Rs. 1,00,000. This is in addition to the late filing fee u/s 234E. This will also cover the cases of incorrect filing of TDS Returns.

Frequently Asked Question- FAQs

  1. What is the TDS due date for March 2021?

    The TDS due date for payment of March 2021 was not extended by the government but the due date for filing the TDS statement/return was extended to 30th June 2021 from 31st May 2021 vide circular no. 09/2021 dated 20th May 2021.

  2. Is TDS an extended due date?

    The TDS due date for payment of March 2021 was not extended by the government but the due date for filing the TDS statement/return was extended to 30th June 2021 from 31st May 2021 vide circular no. 09/2021 dated 20th May 2021.

  3. What is the due date of TDS?

    TDS Due Date For AY 2022-23 – The due dates for payment of TDS are the 7th of next month in which TDS is deducted/credited and for the month of March, it is 30th April. The due dates for return filing of TDS are the last date of the month after quarter-end, and for the last quarter, the due date is 31st May.

  4. Is the TDS date extended for March 2021?

    The TDS due date for payment of March 2021 was not extended by the government but the due date for filing the TDS statement/return was extended to 30th June 2021 from 31st May 2021 vide circular no. 09/2021 dated 20th May 2021.

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Disclaimer: The information contained in the above article are solely for informational purpose after exercising due care. However, it does not constitute professional advice or a formal recommendation. The author does not own any responsibility for any loss or damage caused to any person, directly or indirectly, for any action taken on the basis of the above article.

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Compiled by- CA Chirag Agarwal (Practicing Chartered Accountants)

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