OneFinOps
Sign in Book a Demo
Glossary / Also known as

Form 27Q

Another name for TDS Return.

Other names
Read the full definition All terms

What does Form 27Q mean?

Form 27Q is another name for TDS Return. A quarterly statement filed by tax deductors detailing all TDS deductions made and deposited during each quarter of the financial year.

The two names mean the same thing. You will see "Form 27Q" in some ledgers, reports and contracts and "TDS Return" in others. The full entry covers how it works, with examples.

Read the full definition of TDS Return

Topics

From the glossary

Related terms.

TDS returns and challans TDS Return A quarterly statement filed by tax deductors detailing all TDS deductions made and deposited during each quarter of the financial year. Also called TDS statement, quarterly TDS return, Form 24Q TDS TDS (Tax Deducted at Source) A system where the payer deducts income tax at prescribed rates before paying the payee, and deposits it with the government on the payee's behalf. Also called withholding tax, tax deduction at source, tax withheld at source TDS TAN (Tax Deduction Account Number) A unique 10-digit alphanumeric number required by all persons responsible for deducting or collecting tax at source. Also called TAN number, deductor account number Due dates and calendars Assessment Year (AY) The year immediately following the Financial Year in which income earned during the FY is evaluated and taxed. Also called tax assessment year TDS returns and challans Annual Information Statement (AIS) A comprehensive statement issued by the Income Tax Department showing all financial transactions reported against your PAN. Also called AIS statement TDS returns and challans Form 16 A TDS certificate issued by employers to employees certifying the salary paid, tax deducted at source, and deposited with the government. Also called salary TDS certificate
From the blog

Related posts.

TDS What is TDS? Meaning, Rates and How It Works TDS (tax deducted at source) is income tax the payer deducts from a payment such as salary, fees, rent or interest and deposits with the government. OneFinOps Editorial 3 min Compliance Compliance Calendar FY 2026-27 for Private Limited Companies The FY 2026-27 compliance calendar lists every GST, TDS, advance tax, PF, ESI, income tax and ROC due date a private limited company must meet, month by month. OneFinOps Editorial 4 min TDS TDS Due Dates FY 2026-27: Payment and Return Filing TDS for FY 2026-27 is deposited by the 7th of the next month (30 April for March). Quarterly returns are due 31 July, 31 October, 31 January and 31 May. OneFinOps Editorial 3 min
Book a Demo