TDS Interest & Late Fee Calculator
Interest for late TDS deduction or payment, the ₹200 a day late fee and penalty exposure — Section 201(1A), 234E / 398, 427.
The TDS Interest and Late Fee Calculator works out interest for late deduction of TDS (1% a month) and late deposit (1.5% a month) under Section 201(1A) of the Income-tax Act, 1961, or Section 398 of the Income-tax Act, 2025 from 1 April 2026, counting part of a month as a full month. It also computes the Rs 200 a day fee for a late TDS statement under Section 234E / Section 427, capped at the TDS amount, and shows whether the penalty of Rs 10,000 to Rs 1 lakh under Section 271H / Section 461 can arise.
Use the TDS Interest & Late Fee Calculator
1. Interest on late deduction or late payment
2. Late fee on the quarterly TDS statement
TDS Interest and Fees
Enter the dates for a TDS default to see the interest, and the quarter and filing date of a TDS statement to see the late fee. Interest is 1% a month from the date tax was deductible to the date it was deducted, and 1.5% a month from the date it was deducted to the date it was paid, where payment is after the due date. Part of a calendar month counts as a full month. The law is picked from the dates: the Income-tax Act, 1961 up to 31 March 2026 and the Income-tax Act, 2025 from 1 April 2026.
Income-tax Act, 1961 and Income-tax Act, 2025 compared
| Default | Up to 31 March 2026 (1961 Act) | From 1 April 2026 (2025 Act) |
|---|---|---|
| Tax not deducted, or deducted late | Section 201(1A)(i): 1% a month or part, from the date deductible to the date deducted | Section 398: same rate and period |
| Tax deducted but paid late | Section 201(1A)(ii): 1.5% a month or part, from the date deducted to the date paid | Section 398: same rate and period |
| Statement filed late | Section 234E: ₹200 a day, not more than the TDS | Section 427: same |
| Statement not filed or incorrect | Section 271H: ₹10,000 to ₹1,00,000 | Section 461: same |
- Payment due dates: the 7th of the following month; tax deducted in March is due by 30 April.
- Statement due dates: 31 July (Q1), 31 October (Q2), 31 January (Q3) and 31 May (Q4). From Tax Year 2026-27 the statements are Form 138 (salary), Form 140 (other resident payments) and Form 144 (non-residents), in place of Forms 24Q, 26Q and 27Q.
- No penalty for delay where the TDS, interest and fee are paid and the statement is filed within one month of its due date (one year for statements due before 1 April 2025).
- Payee has paid the tax: where TDS was not deducted but the payee has filed the return and paid tax on the income, interest at 1% runs only up to the date the payee filed the return, and the deductor is not treated as in default for the tax itself.
Frequently Asked Questions
What is the interest for late deduction or late payment of TDS?
How are months counted for TDS interest?
What is the late fee for filing a TDS return after the due date?
When is a penalty levied for not filing a TDS statement?
Is interest payable if the payee has already paid tax on the income?
Due in the next 30 days
Income tax- Tax Audit Report (Form 3CA/3CB with 3CD for FY 2025-26; Form 26 from Tax Year 2026-27)
- TDS / TCS deposit (e-Pay Tax, Challan ITNS 281) for September
Full compliance calendar → Statutory dates, which can be extended by notification. General information only.