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Difference between Challan and Return
Challan
Return
It is a one page form used to pay tax
It contains details of tax paid (more than one page)
It is done first
It is done later
Challan is deposited with Bank along with cash/cheque/net banking
(either offline or online)
Return is deposited with concerned Tax Dept.
(either offline or online)
Note:-
While depositing any return, it should be ensured that tax payable is 0.
(i.e. all tax which is due has been paid in challan) In return details of challan are also mentioned.
Form No
Challan 281
Due Date
It is normally 7th of next month of Tax Deducted
However for March,it is 30th April in case of TDS Non Salary
For TDS Salary-it is 7 April
Procedure for TDS Challan
It can be paid both
- Online (Through Netbanking)
- Offline (Through Cash or Cheque)
Form No for TDS Returns
Type of TDS
TDS Due Dates
TDS Salary
Form 24Q
TDS Non Salary
Form 26Q (if TDS Deducted of Residents)
Form 27Q (if TDS Deducted of Non Residents)
Due Date for TDS Returns
Period
Due Date
April-June
31 July
July-Sept
31 October
Oct-Dec
31 January
Jan-March
31 May
Same due dates for Form 24Q / 26Q /27Q
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Difference between Challan and Return
|
Challan |
Return |
|
It is a one page form used to pay tax |
It contains details of tax paid (more than one page) |
|
It is done first |
It is done later |
|
Challan is deposited with Bank along with cash/cheque/net banking (either offline or online) |
Return is deposited with concerned Tax Dept. (either offline or online) |
Note:-
While depositing any return, it should be ensured that tax payable is 0.
(i.e. all tax which is due has been paid in challan) In return details of challan are also mentioned.
Form No
Challan 281
Due Date
It is normally 7th of next month of Tax Deducted
However for March,it is 30th April in case of TDS Non Salary
For TDS Salary-it is 7 April
Procedure for TDS Challan
It can be paid both
- Online (Through Netbanking)
- Offline (Through Cash or Cheque)
Form No for TDS Returns
| Type of TDS | TDS Due Dates |
| TDS Salary | Form 24Q |
| TDS Non Salary |
Form 26Q (if TDS Deducted of Residents) Form 27Q (if TDS Deducted of Non Residents) |
Due Date for TDS Returns
| Period | Due Date |
| April-June | 31 July |
| July-Sept | 31 October |
| Oct-Dec | 31 January |
| Jan-March | 31 May |
Same due dates for Form 24Q / 26Q /27Q
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