Form 143 is the Income-tax Act, 2025 form titled “Quarterly statement of collection of tax at source (TCS return)”. It replaces the earlier Form 27EQ used under the Income-tax Act, 1961 (and the Income-tax Rules, 1962). The purpose of the form is unchanged — the number and format have been updated under the new law.
It falls under the Salaries, TDS Certificates & Returns category, and applies to Tax Year 2026-27 (AY 2026-27) onwards, i.e. from 1 April 2026.
A fuller plain-language explainer for Form 143, reviewed by our Chartered Accountants, is being added.
Under the Income-tax Act, 2025, old Form 27EQ is replaced by Form 143 — Quarterly statement of collection of tax at source (TCS return). It applies to Tax Year 2026-27 onwards.
It applies to Tax Year 2026-27 (AY 2026-27) onwards, i.e. from 1 April 2026. Compliance relating to earlier tax years continues on the old forms.
Our CA-led team handles it end-to-end — Quarterly statement of collection of tax at source (TCS return).
✅ TDS / TCS filing & certificates →💬 Ask our CALeave your number — our team calls you back. Free, no obligation.
EaseValue