TDS return on interest other than securities, due date for TDS return filing, Income Tax Act, 1961, Tax Deducted at Source, Ebizfiling.

TDS return on interest other than securities


Tax Deducted at Source (TDS) is a tax collection mechanism where a certain percentage of tax is deducted by the person or entity making the payment at the source of income. The Income Tax Act, of 1961, mandates the collection of TDS on various types of income. The return on interest other than securities is one such type of income from which TDS is deducted. In this article, we will discuss what is a TDS on interest other than securities, who needs to file it, the rate of TDS on Interest, how to file it, and the due date for filing a TDS return.

What is TDS on interest other than securities?

It refers to the tax deducted at source on interest earned from sources other than securities. It includes interest earned on bank deposits, fixed deposits, loans, and other types of interest income. TDS is deducted by the payer at the prescribed rate before making the payment, and the same is deposited with the government as per the provision of the Income Tax Act, of 1961.

Who needs to file TDS on interest?

The person or entity who is responsible for deducting the TDS on interest other than securities is required to file the return. This includes individuals, firms, companies, and other entities who have deducted TDS at the source.

What is the rate of TDS on Interest?

The rate of TDS on interest other than securities varies depending on the type of income, the amount of income, and the status of the deductee. The current rate of TDS on interest income other than securities is 7.5% for resident individuals, 10% for Hindu Undivided Families (HUFs), and 20% for non-residents.

How to file TDS return on interest other than securities?

  1. Visit the official website of the Income Tax Department
  2. Register yourself as a new user and login
  3. Click on the “TDS” tab and select “Upload TDS”
  4. Enter the required details like TAN, financial year, form type, and quarter
  5. Upload the TDS return file in the required format
  6. Verify the details and submit the form
  7. Pay any applicable late fees or penalties
  8. Download the acknowledgment receipt for future reference.

Due date for filing a TDS return on interest

The due date for filing a TDS return on the interest other than securities is different for different quarters. The due date for filing TDS returns for the first quarter is 31st July, the second quarter is 31st October, the third quarter is 31st January, and the fourth quarter is 31st May.


In conclusion, TDS return on interest other than securities is a crucial aspect of tax compliance that needs to be taken seriously. The Income Tax Department has made it mandatory to deduct TDS on various types of income, including interest income. Therefore, it is important to understand the provisions of the Income Tax Act, 1961and comply with them by filing the return on time.

About Ebizfiling -

EbizFiling is a concept that emerged with the progressive and intellectual mindset of like-minded people. It aims at delivering the end-to-end incorporation, compliance, advisory, and management consultancy services to clients in India and abroad in all the best possible ways.
To know more about our services and for a free consultation, get in touch with our team on or call 9643203209.

Author: siddhi-jain

Siddhi Jain (B.A.LLB) is a young and passionate Content Writer at Ebizfiling Private Limited. She enjoys reading and writing about legal topics and simplifying complex legal concepts for a wider audience. Her goal is to continue growing as a content writer and to become a subject matter expert in legal and business topics.

Follow Author

Leave a Reply

Your email address will not be published.


  • Client review, Ebizfiling


    30 Sep 2021

    Was a great experience and value for money service, recently did a company incorporation with ebizfiling.

  • Client Review, Ebizfiling

    Ateek Mohd

    23 Apr 2022

    Ebizfiling India pvt ltd is leading account services provider across the country. They have a very good and genuine staff. They give all the services in given time frame. My two company’s accountability done by this firm. Awesome service ..!

  • Client review, Ebizfiling

    Harshit Gamit

    19 Apr 2018

    My GST process was made easier with Ebizfiling. I really appreciate the hard work by your team. Keep up the same in the future. Good Luck!

    • भारत में कर कटौती, आयकर अधिनियम, आयकर कटौती, मानक कटौती, EbizFiling
      • Articles - Income Tax
      कर कटौती के बारे में सभी जानकारी

      कर कटौती के बारे में सभी जानकारी परिचय कर कटौती व्यक्तियों और व्यवसायों की कर योग्य आय को कम करने में महत्वपूर्ण भूमिका निभाती है। वे कर देनदारी को कम करने और आपकी मेहनत की कमाई को अधिक बनाए रखने […]

    • કર કપાત, ભારતમાં કર કપાત, આવકવેરા કપાત, કલમ 80C કપાત, EbizFiling
      • Articles - Income Tax
      કર કપાત વિશે તમામ માહિતી

      કર કપાત વિશે તમામ માહિતી પરિચય કર કપાત વ્યક્તિઓ અને વ્યવસાયોની કરપાત્ર આવક ઘટાડવામાં નિર્ણાયક ભૂમિકા ભજવે છે. ટેક્સની જવાબદારી ઘટાડવા અને તમારી મહેનતથી કમાયેલા પૈસાને જાળવી રાખવા માટે તે એક અસરકારક રીત છે. ભારતમાં, આવકવેરા કાયદો કર કપાત માટે […]

    • कपड़ों पर कराधान, कपड़े पर शुल्क, शुल्क आयातित शर्ट, EbizFiling
      • Articles - Income Tax
      आयातित कपड़ों पर कराधान

      परिचय कपड़े पर आयात शुल्क सहित आयातित कपड़ों पर कराधान, वैश्विक परिधान उद्योग में एक महत्वपूर्ण भूमिका निभाता है। जैसे-जैसे फैशन का चलन सीमाओं से परे जा रहा है, उपभोक्ता और व्यवसाय अक्सर अद्वितीय और स्टाइलिश परिधान बनाने के लिए […]

Hi, Welcome to EbizFiling!

Hello there!!! Let us know if you have any Questions.

Thank you for your message.

whatsapp Call Now Button