Welcome to Trisuka, your trusted partner for all your financial needs. We understand the importance of tax compliance, and one crucial aspect is the deposit of TDS (Tax Deducted at Source). We will provide you with a comprehensive overview of TDS deposit, including its purpose, necessary documents, steps to be followed, eligibility criteria, and the benefits of filing TDS deposit on time.


TDS Deposit

TDS Deposit refers to the process of remitting the tax deducted at source to the government. It is the responsibility of the deductor to deposit the TDS amount with the authorized banks or government portals within the prescribed time frame. TDS deposit ensures timely payment of the deducted tax to the government and facilitates the smooth functioning of the tax system.

To make a TDS deposit, you will need the following documents:

  • TAN (Tax Deduction and Collection Account Number) of the deductor
  • Challan receipt for TDS payment made
  • TDS certificate (Form 16 or Form 16A) issued to the deductee, if applicable
  • Any other relevant supporting documents related to TDS deductions and payments
  • Determine the TDS amount to be deposited based on the deductions made during a specific period.
  • Generate a TDS challan using the online TIN (Tax Information Network) platform or any authorized bank’s website.
  • Fill in the required details in the challan, including TAN, Assessment Year, and the correct code for the relevant nature of payment.
  • Mention the TDS amount to be deposited and verify the details entered.
  • Make the TDS payment using the generated challan. Ensure that the payment is made within the due date to avoid interest charges or penalties.
  • After making the payment, collect the challan receipt or confirmation as proof of the TDS deposit.
  • Issue a TDS certificate (Form 16 or Form 16A) to the deductee, providing details of the TDS deduction made, if applicable.

Entities or individuals responsible for deducting TDS (Tax Deducted at Source) from specified payments are generally required to deposit the deducted TDS with the government. The TDS deposit requirements and provisions are outlined in the Income Tax Act.

Filing TDS deposit on time offers several advantages, including:

  • Compliance with tax laws: Timely deposit of TDS demonstrates adherence to tax laws, helping you avoid penalties or legal consequences.
  • Avoiding interest charges: Remitting TDS on time helps you avoid interest charges that may be imposed for delayed or non-payment.
  • Building trust: Timely TDS deposit enhances trust with employees, vendors, and other stakeholders, showcasing your commitment to meeting tax obligations.
  • Accurate record-keeping: Proper TDS deposit ensures accurate record-keeping of tax payments and facilitates easy verification during audits.
  • Seamless tax compliance: Timely TDS deposit streamlines the tax payment process and contributes to the efficient functioning of the overall tax system.


  1. What is the due date for TDS deposit?
    The due date for TDS deposit varies depending on the type of payment and the provisions of the Income Tax Act. It is advisable to refer to the Income Tax Department’s guidelines or consult a tax professional for accurate due dates.

  2. Can TDS deposit be made online?
    Yes, TDS deposit can be made online through authorized banks or the government’s e-payment portal using the generated challan and the appropriate payment mode.

  3. Is it mandatory to deposit TDS even if the deductee does not have a PAN?
    Yes, it is mandatory to deduct and deposit TDS even if the deductee does not have a PAN (Permanent Account Number). In such cases, the TDS rate specified in the Income Tax Act or any applicable Double Taxation Avoidance Agreement (DTAA) should be applied.

  4. Can TDS deposit be revised if an error is identified in the original deposit?
    No, once the TDS deposit is made, it cannot be revised. However, any corrections or adjustments can be made in subsequent TDS deposits or returns.

  5. What are the consequences of not depositing TDS on time?
    Non-deposit or delayed deposit of TDS may attract penalties, interest charges, and legal consequences. It is essential to deposit TDS within the specified due dates to avoid such consequences.

**Please note that while these answers provide a general understanding, it is always advisable to consult with professionals or legal experts for specific guidance to your unique circumstances.