New Delhi, Oct. 24 -- If you are responsible for deducting tax at source (TDS), meeting your compliance obligations involves more than deducting tax from payments. You must also deposit the tax with the government, file the applicable TDS statement, and issue certificates to the recipients within the prescribed deadlines.

In an X post on Saturday, the Income Tax Department reminded deductors that "Deducting TDS is just the first step. Timely deposit and filing of TDS returns are equally important!"

The department highlighted two upcoming deadlines: October 31, 2026, for filing quarterly TDS statements for the July-September quarter, and November 15, 2026, for issuing TDS certificates (Form 131). Here's what you need to know.

The July-S...