What Is TDS Return?
As per Government TDS Scheme, TDS has to be deducted at the time of making payment. Person who is making payment deducts and and deposits TDS with the Government of India.
Basically a TDS return is a quarterly return which is to be filed or submitted with the Income tax department. If you are deductor then it is mandatory to file TDS Return, and details of the TDS that is deducted is to be deposited by you to the Government. TDS return includes various things as per the forms such as details of PAN of the deductor and deductee, TDS Challan information and other details as required by the Forms.
TDS Return Forms
For TDS on salary form 24Q is available.
For TDS where deductee is a non-resident, Foreign Company, form 27Q is there.
For TDS on payment for transfer of certain immovable property, form 26QB is there.
For TDS in any other case, form 26Q is there.
FAQ
-Q1 1 Apr - 30 June 15th July
-Q2 1 July - 30 Sept 15th Oct
-Q3 1 Oct - 31 Dec 15th Jan
-Q4 1 Jan - 31 Mar 15th Apr