Free online TDS return preparation tool for Tax Year 2026-27 (the first year under the new Income-tax Act, 2025). Prepare Form 24Q, 26Q and 27Q quarterly statements, auto-compute TDS rates, interest under section 201(1A), and the late-filing fee under section 234E — then export your data and a draft e-TDS file. Everything runs in your browser; no data leaves your device.
TDS Return Preparation Tool
Tax Year 2026-27 · Income-tax Act 2025 (s.393) · Forms 24Q / 26Q / 27Q
Deductor (Tax Deductor) Details
Person Responsible for Deduction
Form Type & Filing Period
Challan Details (Tax Deposited)
Add each challan/voucher through which TDS was paid to Government. Deductees map to a challan in the next step.
| # | BSR Code | Challan No. | Deposit Date | TDS ₹ | Surcharge | Cess | Interest | Fee 234E | Total |
|---|
Deductee-wise Breakup (Annexure)
Each row = one payment. Rate & TDS auto-compute from the section; interest u/s 201(1A) auto-computes from the dates.
| # | Challan | Deductee | PAN | Type | Section | Amount ₹ | Date Paid | Date Deducted | Rate % | TDS ₹ | Interest ₹ | Flags |
|---|
Salary TDS — Form 24Q (Annexure II)
Per-employee annual tax & monthly TDS under TY 2026-27 slabs. New regime is default; old-regime exemptions apply only when “Old” is chosen.
| # | Employee | PAN | Regime | Gross ₹ | s.10 Exempt ₹ | Ch.VI-A ₹ | Other Inc ₹ | Taxable ₹ | Annual Tax ₹ | TDS Paid ₹ | Months Left | Monthly TDS ₹ |
|---|
Summary & Compliance Check
How to prepare your TDS return for Tax Year 2026-27
From 1 April 2026, the Income-tax Act, 2025 replaces the old Act. The familiar “Assessment Year / Previous Year” split is gone — there is now a single “Tax Year”, and all the TDS sections (the old 192 to 196D) are consolidated into one charging section, Section 393, read with its TDS Table. The quarterly statements you file, however, stay the same:
| Form | Used for | Q-wise due date (TY 2026-27) |
|---|---|---|
| 24Q | TDS on salary | Q1 31-Jul-26 · Q2 31-Oct-26 · Q3 31-Jan-27 · Q4 31-May-27 |
| 26Q | TDS on resident payments (non-salary) | |
| 27Q | TDS on payments to non-residents |
Step-by-step
- Deductor — enter your TAN, PAN and details. The tool validates TAN/PAN format instantly.
- Form & Period — pick 24Q/26Q/27Q and the quarter. The statutory due date and any late-fee exposure appear automatically.
- Challans — add each challan through which TDS was deposited (BSR code, challan serial, date, amount).
- Deductees — add each payment. Choose the section (e.g. 194C, 194J, 194I, 194T) and the correct rate & TDS are computed for you, including the 20% higher rate where PAN is missing (s.206AA) and interest u/s 201(1A) from your dates.
- Salary (24Q) — compute each employee’s annual tax and monthly TDS under the new-regime slabs.
- Summary — see totals, a challan-to-deductee reconciliation, and a compliance checklist. Export JSON/CSV or a draft e-TDS file.
Key TDS thresholds you should know (TY 2026-27)
| Section | Nature of payment | Rate | Threshold |
|---|---|---|---|
| 194C | Contractor (Ind/HUF · others) | 1% · 2% | ₹30,000 / ₹1,00,000 p.a. |
| 194J | Professional / Technical fees | 10% / 2% | ₹50,000 |
| 194I | Rent (P&M · Land/Building) | 2% · 10% | ₹50,000/month |
| 194H | Commission / brokerage | 2% | ₹20,000 |
| 194A | Interest (bank) | 10% | ₹1,00,000 senior / ₹50,000 others |
| 194T | NEW — Partner’s remuneration/interest by firm | 10% | ₹20,000 p.a. |
Frequently asked questions
What is “Tax Year 2026-27” under the new Income-tax Act 2025?
The Income-tax Act 2025 (effective 1 April 2026) replaces the dual “Previous Year / Assessment Year” concept with a single Tax Year. Tax Year 2026-27 corresponds to the period 1 April 2026 to 31 March 2027. TDS is now governed by the consolidated Section 393 and its Table, though you still file Forms 24Q, 26Q and 27Q each quarter.
Which TDS form should I file?
Use 24Q for TDS on salaries, 26Q for TDS on resident (non-salary) payments such as contractor, professional, rent and interest, and 27Q for TDS on payments to non-residents. TCS is reported separately on 27EQ.
How is interest under section 201(1A) calculated?
Interest is 1% per month (or part of a month) for failure to deduct, from the date tax was deductible to the date it was deducted; and 1.5% per month (or part) for late payment, from the date deducted to the date deposited. This tool computes both automatically from the dates you enter.
What is the late filing fee under section 234E?
If a TDS statement is filed after the due date, a fee of ₹200 per day applies until it is filed, capped at the total TDS amount of the statement. The tool flags this on the Summary tab when your filing date is after the due date.
What happens if the deductee has no PAN?
Where a valid PAN is not furnished, TDS is deducted at the higher of the section rate or 20% (Section 206AA). The tool applies this automatically and flags the row.
Does this tool file my return or generate the FVU file?
No. It prepares and computes your return and exports your data plus a structured draft e-TDS file. The final validated .fvu file for upload must be generated through the official Protean (NSDL) RPU + File Validation Utility. Always verify rates against the latest CBDT notification before filing.