Form 143 explained: this guide covers what it means, who it applies to, the step-by-step process, documents required, fees, due dates and penalties in India — so you can stay compliant with confidence and avoid costly mistakes.
Form 143 is the quarterly statement filed by a person who collects tax at source. This article describes it Part by Part as printed, as per the Income-tax Rules, 2026 (G.S.R. 198(E), notified on 20 March 2026), read with the amending notifications issued up to 22 September 2026. Later notifications should be checked.
Rule 219(1), Table, fourth row, requires every person collecting tax under section 394(1) to deliver a quarterly statement in Form 143 to the Director General of Income-tax (Systems) or the person authorised by him, as per section 397(3)(b). The due dates in rule 219(4) are 31 July, 31 October, 31 January and 31 May. The form has Part A, Part B, a collectee-wise annexure (columns A to U) and Notes with reason, collectee and collection codes.
The rule and the sections
Section 394 of the Income-tax Act, 2025 is the section on collection of tax at source on the receipts it lists; see section 394. Section 397(3)(b) provides for the quarterly statement; see section 397. Rule 219(4) fixes the due dates:
| Quarter ending | Due date |
|---|---|
| 30th June | 31st July of the financial year |
| 30th September | 31st October of the financial year |
| 31st December | 31st January of the financial year |
| 31st March | 31st May of the financial year immediately following the tax year in which the collection is required to be made |
Our post on rule 219 outlines the rule. The certificate to the collectee is Form 133, described in the article on Forms 131, 132 and 133. Siblings in the statement series are Form 138 and Form 140.
Sellers of goods that attract collection, and authorised dealers handling remittances, file this statement every quarter; our TCS compliance team can prepare it for you.
Part A: particulars of the collector
The heading is "Quarterly statement of collection of tax at source under section 397(3)(b) for the quarter ended ... (June/September/December/March) ... (Tax Year)". Part A has sixteen rows:
| Rows | Particulars |
|---|---|
| 1 to 5 | Type of collector (Government or Non-Government); name; address; Permanent Account Number (Note 3); Tax Deduction and Collection Account Number |
| 6 to 8 | E-mail identity; contact number; tax year |
| 9 to 11 | Whether a statement has been filed earlier for the quarter; if so the return receipt number of the original; for a Government collector, the AIN of the PAO, DTO or CDDO |
| 12 to 16 | The person responsible for collection of tax: name, address, PAN, e-mail identity, contact number |
Part B: tax collected and paid
Item 1 is the table of tax collected and paid to the credit of the Central Government, with columns A to K: serial number; (B) total tax (Note 4: tax collected plus surcharge and health and education cess); (C) total interest; (D) total fee (Note 5: fee under section 427 for late filing of a TCS statement); (E) total penalty or others; (F) total amount deposited as per challan or adjusted through book adjustment, (B + C + D + E) (Note 6); (G) mode of payment ("B" for book adjustment by Government collectors, "C" for others, Note 7); (H) BSR code or receipt number of Form 137; (I) date of deposit or of the transfer voucher; (J) challan serial number or DDO serial number of Form 137; (K) minor head (Note 9). Columns H, I and J must be exactly as available on the departmental portal (Note 8). Item 2 refers to the Annexure for the amounts received and tax collected from the collectees. The Declaration is by the person responsible for collecting tax, who certifies that all particulars are correct and complete.
The Annexure: collectee-wise break-up of TCS
The Annexure is headed "Details of amount received/debited during the quarter ended ... and of tax collected at source". Its heads are printed broken word by word and are rebuilt here from the column letters.
| Columns | Particulars |
|---|---|
| A to D | Serial number; challan reference number (column A of the Part B table); PAN of the collectee; name |
| E to H | Whether non-resident (Y or N); collectee code, applicable where the collectee is non-resident (Note 8); whether the collectee has a permanent establishment in India (where non-resident); whether the collectee is opting out of the taxation regime under section 202(1) |
| I to K | Amount received or debited; date on which it was received or debited; collection code (Note 9) |
| L to P | Total tax collected (Note 10); whether the total tax in column L has been deposited (Yes or No); total tax deposited; date of collection; rate at which tax was collected |
| Q to U | Reason for lower collection, non-collection or collection at a higher rate (Notes 1 to 7); certificate number of any certificate under section 395(3); whether payment by the collectee is liable to TDS as per section 394(5) and whether TDS has been deducted (if "F" is selected in column Q); and, if yes, the challan number and the date of payment of that TDS to the Central Government |
The Annexure ends with the Declaration.
Reason codes (Notes 1 to 7)
| Code | Reason as printed |
|---|---|
| A | Lower collection on account of a certificate under section 395(3) |
| B | Non-collection on account of a declaration under section 394(2) |
| C | Collection at a higher rate under section 397(2) on account of non-furnishing of PAN |
| F | No collection on account of section 394(5) or section 402(6) |
| K | No collection as per section 394(4) |
| Y | No collection because the receipt is equal to or below the threshold limit specified in section 394(1) |
| Z | No collection or lower collection in view of a notification under section 400(1) |
Collectee codes (Note 8)
01 company; 02 individual; 03 Hindu undivided family; 04 association of persons except an AOP consisting of only companies; 05 association of persons consisting of only companies; 06 co-operative society; 07 firm; 08 body of individuals; 09 artificial juridical person referred to in clause (g) of sub-section (77) of section 2; 10 others.
Collection codes (Note 9)
Note 9 gives the section code for each nature of receipt under section 394(1), together with the person responsible for collection. Grouped:
| Codes | Nature of receipt | Person responsible |
|---|---|---|
| 1068 | Sale of alcoholic liquor for human consumption | Seller |
| 1069 to 1072 | Sale of tendu leaves; timber under a forest lease; timber by any other mode; other forest produce under a forest lease | Seller |
| 1073 and 1074 | Sale of scrap; sale of coal, lignite or iron ore | Seller |
| 1075 to 1085 | Sale consideration above the threshold limit for a motor vehicle (1075), a wrist watch (1076), art pieces (1077), collectibles (1078), a yacht, rowing boat, canoe or helicopter (1079), sunglasses (1080), bags (1081), shoes (1082), sportswear and equipment (1083), a home theatre system (1084), a horse for racing or polo (1085) | Seller |
| 1086 and 1087 | Remittance under the Liberalised Remittance Scheme above the threshold limit, for education or medical treatment (1086) and for other purposes (1087) | Authorised dealer |
| 1088 and 1089 | Sale of an overseas tour programme package, up to and above the threshold limit | Seller |
| 1090 to 1092 | Use of a parking lot, toll plaza, or mine or quarry for business (excluding mining and quarrying of mineral oil) | Seller |
The thresholds are in section 394(1); the form prints none. Note 11 says amounts are in rupees.
A short example
Pinecrest Metals Ltd sells scrap during the quarter ended 30th September. It files Form 143 by 31 October: Part A with its details, Part B with the challan, and the Annexure with one row per buyer, using collection code 1073, the amount received, the date, the tax collected and its rate. For a buyer who gave a certificate for lower collection it writes "A" in column Q and the certificate number in column R. The names are invented.
Need help with TCS returns?
Collection codes, reason codes and challan references must line up with your sales ledger. If you want the quarter's statement reviewed before it is delivered, speak to our TCS compliance specialists.
Key takeaways
- Form 143 is the quarterly statement for tax collected at source under section 394(1).
- Due dates: 31 July, 31 October, 31 January and 31 May.
- The Annexure has columns A to U, one row per collectee and challan.
- Collection codes run from 1068 to 1092; reason codes are A, B, C, F, K, Y and Z.
- The late-filing fee under section 427 goes in column D of Part B.
Read next
- Form 144: quarterly statement of tax deducted on payments to non-residents
- Forms 131, 132 and 133: certificates of tax deducted and collected
- Form 140: quarterly statement of tax deducted on payments other than salary
- Section 394 of the Income-tax Act, 2025: collection of tax at source
Disclaimer: Based on the Income-tax Rules, 2026 (G.S.R. 198(E), notified on 20 March 2026), read with the amending notifications issued up to 22 September 2026, as consulted on 2 October 2026. It explains the words of the rules and forms only; later notifications, the forms and utilities on the e-filing portal, circulars and the way the tax authorities apply these provisions should be checked. This article is general information, not legal advice; check the official text before acting.