Find
TDS statements for tax year 2026-27 onwards are under the Income-tax Act 2025. The late fee is Sec 427 of the Income-tax Act 2025 (old Sec 234E), still ₹200 a day capped at the TDS amount.
ITR
Late TDS statement for tax year 2026-27
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Provisions
Sec 427, Income-tax Act 2025 (old Sec 234E); Sec 397(3)(b), Income-tax Act 2025 (old Sec 200(3)); Sec 399, Income-tax Act 2025 (old Sec 200A)
Analysis
Only the numbers changed; the fee logic is the same. Example: Form 140 for Q1 2026-27 due 31 July 2026 filed on 20 August 2026 is 20 days late, so ₹4,000, unless the TDS in the statement is lower. The intimation will be under Sec 399 of the Income-tax Act 2025 (old Sec 200A). Quote the new form names in your records.
Close
- Check the intimation under Sec 399 on TRACES
- Compute the fee at ₹200 a day, capped at TDS
- Pay through e-Pay Tax selecting the Income-tax Act 2025 and tax year 2026-27
- Tag the challan in a correction statement
- Diary the next quarter due date
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