Deadline Alert: TCS Certificate for Q4 (Jan–Mar 2025) Must Be Issued by 30th May 2025! 📢

As we move into the final stretch of compliance for the Financial Year 2024–25, it’s crucial for businesses and collectors of tax at source (TCS) to take note of an important upcoming deadline — issuance of TCS certificates for the 4th Quarter (January to March 2025).

🔍 What is a TCS Certificate?

A Tax Collected at Source (TCS) Certificate is a document issued by a seller who has collected tax while receiving payments from the buyer for certain specified goods or services. This certificate serves as proof for the buyer to claim credit for the TCS amount against their income tax liability.

The certificate is issued in Form 27D and must be provided quarterly.

📅 Key Deadline:

  • Certificate Period: January – March 2025 (Q4 of FY 2024–25)

  • Due Date for Issuance: 30th May 2025

Failure to issue the TCS certificate on or before this date could result in non-compliance, penalties, and unnecessary scrutiny during audits or assessments.

🧾 Who Must Issue TCS Certificates?

TCS is generally applicable to:

  • Sellers dealing in specified goods (e.g., liquor, forest produce, scrap, minerals, etc.)

  • E-commerce operators collecting TCS under Section 206C(1H)

  • Lease/license arrangements involving parking lots, toll plazas, or mining and quarrying

  • Tour operators or sellers of overseas tour packages

If your business has collected TCS under any of the relevant sections during Q4, it is your legal obligation to issue Form 27D to the deductees by the above due date.

🚨 Consequences of Delay:

  • Late fees under Section 234E – ₹200 per day of default.

  • Penalty under Section 271H – Ranging from ₹10,000 to ₹1,00,000.

  • Increased compliance burden during assessments or audits.

✅ How Taxla Services Can Help:

At Taxla Services, we specialize in end-to-end TCS compliance, including:

  • Data consolidation and reconciliation of TCS

  • Timely generation of Form 27D

  • E-filing and compliance monitoring

  • Advisory support to reduce TCS-related errors and penalties

We ensure your business stays fully compliant with the latest Income Tax norms, with minimal hassle and maximum accuracy.

📞 Get in Touch Today:

Let us help you meet the 30th May deadline with confidence!

📞 Call: +91 9600076134 / 6374812546
📧 Email: auditsiva2@gmail.com
🌐 Website: www.taxlaservices.com
📍 Visit us: 19, SBI Colony 3rd Street, Saligramam, Chennai – 600093

📌 Stay Updated & Compliant:

Follow us for more updates on tax deadlines, compliance tips, and expert insights.

#TCSCertificate #Form27D #IncomeTaxIndia #TCSCompliance #Quarter4TCS #TaxlaServices #ChennaiTaxExperts #AvoidPenalties #BestAuditorInTamilnadu #TCSFiling #TaxComplianceIndia



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