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TDSQuarterly

TDS Return - Form 24Q (Q1)

TDS return for salary payments - Quarter 1

Due Date

31st July

Form Number

24Q

Penalty

₹200 per day + Interest @ 1.5% per month

Frequency

Quarterly

For Q1 (April-June). Due date is 31st July

Compliance Guide

TDS Return - Form 24Q (Q1) is a quarterly compliance requirement under TDS regulations. It is important to file this compliance on time to avoid penalties and interest charges.

Key Points:

  • Due Date: 31st July
  • Form Number: 24Q
  • Penalty: ₹200 per day + Interest @ 1.5% per month
  • Frequency: Quarterly
  • Note: For Q1 (April-June). Due date is 31st July
  • Late filing can result in penalties and interest charges
  • It's recommended to file at least 2-3 days before the due date

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