TDS and TCS Return Forms 138, 140, 143 and 144 Explained
The old TDS return forms have new numbers. Here is which form replaces which and what it covers.
From FY 2026-27 the quarterly TDS and TCS statements carry new form numbers under the Income-tax Act, 2025. The content is familiar, but the form you select must match the payment type.
Old form to new form
| Old form | New form | Covers |
|---|---|---|
| 24Q | Form 138 | Salary and pension TDS |
| 26Q | Form 140 | Non-salary payments to residents, such as fees, rent and commission |
| 27Q | Form 144 | Non-salary payments to non-residents |
| 27EQ | Form 143 | TCS statement |
Sections to know
- Section 392: TDS on salary.
- Section 393: most other TDS obligations, including non-salary payments.
- Section 395: lower or nil deduction certificates.
Due dates
Statements are filed quarterly. The Q1 statement was due on 31 July 2026 and the Q2 statement is due on 31 October 2026. Check the official calendar for later quarters.
Tips to avoid errors
- Use the right form for each payment type, and keep PAN details of every deductee correct.
- Deposit tax on time, because interest on late deduction or deposit is separate from return filing.
- Reconcile your books with the challans before filing.
For the practical steps of filing, see our guide to the TDS return.
Frequently asked questions
Which form replaces 24Q?
Form 138.
Which form replaces 26Q?
Form 140.
Which form replaces 27EQ?
Form 143 for TCS.
Does Form 144 apply to payments to non-residents?
Yes, it replaces 27Q for non-salary payments to non-residents.
This article is for general information only and is not tax, legal or financial advice. Rules, rates and criteria change and vary by lender, so confirm the latest position with the official source or your lender before acting.
More in TDS & TCS
We handle these for individuals, businesses and NRIs across India:
