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Income Tax Department issues TDS compliance deadlines for October and November 2026
The Income Tax Department issued TDS compliance deadlines for October and November 2026.
The Income Tax Department reminded deductors via X on Saturday to meet upcoming tax obligations. Quarterly TDS statements for the July-September quarter must be filed by October 31, 2026, using forms such as Form 138 and Form 140. Form 131 certificates are due by November 15, 2026, under the Income-tax Act, 2025. The department stated that timely filing avoids interest, late fees and penalties.
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Income Tax Department issues TDS compliance deadlines for October and November 2026
The Income Tax Department has issued a reminder to all deductors regarding critical TDS compliance requirements for October and November 2026. Officials emphasized that deducting tax is only the initial step in the process. Deductors must also ensure the timely deposit of taxes with the government and the filing of applicable quarterly statements. The department highlighted that issuing certificates to taxpayers is equally mandatory under the Income-tax Act 2025. Failure to meet these deadlines may result in penalties.