As you step into the new financial year 2024-25, it is vital to keep track of the income tax calendar to manage your taxes effectively and stay compliant. This guide will walk you through all the important dates and deadlines covering tax payments, form submissions and more.
Read on to learn all these crucial dates and mark your tax calendar.
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Due date |
Period |
Purpose |
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14th April |
February 2024 |
Issue TDS certificates for taxes deducted under sections 194-IA, 194-IB, 194M and 194S |
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15th April |
March 2024 |
Authorised dealers must furnish the quarterly statement for foreign remittances in Form No. 15CC for the quarter |
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Submit Form No. 3BB for transactions where client codes were modified post-registration |
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30th April |
March 2024 |
Submit the challan-cum-statement regarding tax deduction under sections 194-IA, 194-IB, 194M and 194S |
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File Form No. 61 with details of Form No. 60 received between October 1, 2023, and March 31, 2024, by the due date for e-filing |
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Deadline for uploading declarations received in Form 15G/15H from recipients |
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January to March 2024 |
Deposit TDS if the Assessing Officer permits quarterly deposits under sections 192, 194A, 194D or 194H |
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Due date |
Period |
Purpose |
|
7th May |
April 2024 |
Last date for depositing TDS and TCS |
|
15th May |
March 2024 |
Issue TDS certificates for taxes deducted under sections 194-IA, 194-IB, 194M, and 194S |
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Submit the quarterly TCS statement |
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Furnish Form 24G by the due date for government offices where TDS/TCS is paid without a challan |
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Submit Form No. 3BB for transactions where client codes were modified post-registration |
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30th May |
April 2024 |
Provide the challan-cum-statement for tax deducted under sections 194-IA, 194IB, 194M and 194S |
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FY 2023-24 |
Submit Form No. 49C if you are a non-resident with a liaison office in India |
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March 2024 |
Issue the TCS certificate for the 4th quarter of FY2023-24 |
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31st May |
March 2024 |
Submit by the end of March 2024, the quarterly TDS statement for deposits made |
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FY 2023-24 |
Submit Form No. 61A for FY2023-24 and e-file Form No. 61B for reportable accounts in 2023 by the due date for reporting financial institutions |
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Apply for PAN if you are a non-individual resident who made financial transactions of ₹2,50,000+ in FY2023-24 and do not have a PAN. It also applies if you hold specified positions as per Rule 114(3)(v) |
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Submit Form 10BD for donation statement and Form 10BE for donation certificate |
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Due date |
Period |
Purpose |
|
7th June |
May 2024 |
Last date for depositing TDS and TCS |
|
14th June |
April 2024 |
Issue TDS certificates for taxes deducted under sections 194-IA, 194-IB, 194M and 194S |
|
15th June |
March 2024 |
Issue quarterly TDS certificates for non-salary payments |
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May 2024 |
Furnish Form 24G by the due date for government offices where TDS/TCS is paid without a challan |
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Submit Form No. 3BB for transactions where client codes were modified post-registration |
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FY 2023-24 |
Issue TDS certificates for tax deducted from employees' salaries |
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Furnish Form No. 64D for income paid or credited by an investment fund to its unitholders |
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FY 2024-25 |
First instalment of advance tax for AY2025-26 |
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29th June |
FY 2023-24 |
Deadline for e-filing Form No. 3CEK by eligible investment funds under Section 9A for activities in FY2023-24 |
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30th June |
May 2024 |
Provide the challan-cum-statement for tax deducted under sections 194-IA, 194IB, 194M and 194S |
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FY 2023-24 |
Submit the Securities Transaction Tax (STT) return |
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Deadline for providing a statement of income distributed by a business trust to its unitholders in Form No. 64B |
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Submission of Equalisation Levy statement |
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Due date |
Period |
Purpose |
|
7th July |
June 2024 |
Last date for depositing TDS and TCS for the quarter |
|
April 2024 to June 2024 |
Deposit TDS as permitted quarterly by the Assessing Officer under sections 192, 194A, 194D or 194H by the due date |
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15th July |
May 2024 |
Issue TDS certificates for taxes deducted under sections 194-IA, 194-IB, 194M and 194S |
|
June 2024 |
Submit the quarterly statement regarding foreign remittances using Form No. 15CC |
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Furnish the quarterly TCS deposit statement |
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Provide the declarations received in Form No. 15G/15H by the end of the quarter |
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Submit Form No. 3BB for transactions where client codes were modified post-registration |
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30th July |
June 2024 |
Provide the challan-cum-statement for tax deducted under sections 194-IA, 194IB, 194M and 194S |
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Quarterly TCS certificate for taxes collected by any individual |
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31st July |
June 2024 |
Quarterly statement for TDS |
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Pension funds and Sovereign Wealth Funds must submit Form 10BBB and Form II, respectively, for investments made at the quarter ending |
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FY 2023-24 |
Individuals and entities not subject to tax audits and who have not undertaken any international or specified domestic transactions must file their ITR for FY2023-24 |
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Due date |
Period |
Purpose |
|
7th August |
July 2024 |
Last date for depositing TDS and TCS |
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14th August |
June 2024 |
Issue TDS certificates for taxes deducted under sections 194-IA, 194-IB, 194M and 194S |
|
15th August |
June 2024 |
Last date for filing the quarterly TDS certificate |
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July 2024 |
Furnish Form 24G by the due date for government offices where TDS/TCS is paid without a challan |
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Submit Form No. 3BB for transactions where client codes were modified post-registration |
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30th August |
July 2024 |
Last date for filing challan statement under sections 194-IA, 194-IB, 194M and 194S |
|
Due date |
Period |
Purpose |
|
7th September |
August 2024 |
Last date for depositing TDS and TCS |
|
14th September |
July 2024 |
Issue TDS certificates for taxes deducted under sections 194-IA, 194-IB, 194M and 194S |
|
15th September |
August 2024 |
Furnish Form 24G by the due date for government offices where TDS/TCS is paid without a challan |
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Submit Form No. 3BB for transactions where client codes were modified post-registration |
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FY 2024-25 |
Second instalment of advance tax for AY2025-26 |
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30th September |
August 2024 |
Last date for filing challan statement under sections 194-IA, 194-IB, 194M and 194S |
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FY 2024-25 |
Last date for filing the audit report under Section 44AB for AY2024-25 for corporate and non-corporate assessees |
|
Due date |
Period |
Purpose |
|
7th October |
September 2024 |
Last date for depositing TDS and TCS |
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July to September 2024 |
Deposit TDS as permitted quarterly by the Assessing Officer under sections 192, 194A, 194D or 194H by the due date |
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15th October |
August 2024 |
Issue TDS certificates for taxes deducted under sections 194-IA, 194-IB, 194M and 194S |
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September 2024 |
Furnish Form 24G by the due date for government offices where TDS/TCS is paid without a challan |
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Submit the quarterly TCS deposit statement |
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30th October |
September 2024 |
Last date for filing challan statement under sections 194-IA, 194-IB, 194M and 194S |
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Issue quarterly TCS certificate |
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31st October |
September 2024 |
Issue quarterly statement of TDS deposited |
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FY 2023-24 |
ITR filing for assessments necessitating an audit |
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Submit the audit report to assess international or specified domestic transactions |
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Due date |
Period |
Purpose |
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7th November |
October 2024 |
Last date for depositing TDS and TCS |
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14th November |
September 2024 |
Issue TDS certificates for taxes deducted under sections 194-IA, 194-IB, 194M and 194S |
|
15th November |
September 2024 |
Last date for filing the quarterly TDS certificate |
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Furnish Form 24G by the due date for government offices where TDS/TCS is paid without a challan |
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October 2024 |
Submit Form No. 3BB for transactions where client codes were modified post-registration |
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30th November |
October 2024 |
Last date for filing challan statement under sections 194-IA, 194-IB, 194M and 194S |
|
FY 2023-24 |
Due date to file ITR for FY2023-24 applicable to taxpayers with audited accounts and international or specified domestic transactions |
|
Due date |
Period |
Purpose |
|
7th December |
November 2024 |
Last date for depositing TDS and TCS |
|
15th December |
October 2024 |
Issue TDS certificates for taxes deducted under sections 194-IA, 194-IB, 194M and 194S |
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Submit Form No. 3BB for transactions where client codes were modified post-registration |
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|
November 2024 |
Furnish Form 24G by the due date for government offices where TDS/TCS is paid without a challan |
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FY 2024-25 |
Third instalment of advance tax for AY2025-26 |
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30th December |
November 2024 |
Last date for filing challan statement under sections 194-IA, 194-IB, 194M and 194S |
|
31st December |
FY 2023-24 |
Filing late or revised ITR for AY2024-25 by all taxpayers |
|
Due date |
Period |
Purpose |
|
7th January |
December 2024 |
Last date for depositing TDS and TCS |
|
October to December 2024 |
Deposit TDS as permitted quarterly by the Assessing Officer under sections 192, 194A, 194D or 194H by the due date |
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|
14th January |
November 2024 |
Issue TDS certificates for taxes deducted under sections 194-IA, 194-IB, 194M and 194S |
|
15th January |
December 2024 |
Submit the quarterly TCS statement |
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Submit the quarterly Form No. 15CC for foreign remittances by authorised dealers |
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Submit Form 15G/15H and Form No. 49BA under Rule 114AAB for the quarter |
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30th January |
December 2024 |
Issue quarterly TCS certificate |
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Last date for filing challan statement under sections 194-IA, 194-IB, 194M and 194S |
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31st January |
December 2024 |
Issue quarterly statement of TDS |
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Submit the quarterly return for non-deduction of TDS on time deposit interest by a banking company |
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Provide intimation of investment by Sovereign Wealth Funds or Pension Fund in India for the quarter |
|
Due date |
Period |
Purpose |
|
7th February |
January 2025 |
Last date for depositing TDS and TCS |
|
14th February |
December 2024 |
Issue TDS certificates for taxes deducted under sections 194-IA, 194-IB, 194M and 194S |
|
15th February |
January 2025 |
Furnish Form 24G by the due date for government offices where TDS/TCS is paid without a challan |
|
December 2024 |
Submit the quarterly TDS statement for deposits made by the end of March 2024 |
|
Due date |
Period |
Purpose |
|
2nd March |
January 2025 |
Last date for filing challans under sections 194-IA, 194-IB, 194M and 194S |
|
7th March |
February 2025 |
Last date for depositing TDS and TCS |
|
15th March |
February 2025 |
Furnish Form 24G by the due date for government offices where TDS/TCS is paid without a challan |
|
FY 2024-25 |
Fourth instalment of advance tax for AY2025-26 |
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|
17th March |
January 2025 |
Issue TDS certificates for taxes deducted under sections 194-IA, 194-IB, 194M and 194S |
|
30th March |
February 2025 |
Last date for filing challan statement under sections 194-IA, 194-IB, 194M and 194S |
It is important to note that the above-mentioned due dates of the income tax calendar 2024 may change if the department issues new notifications based on recommendations and circumstances. You must also note the following points:
Now that you have gone through the income tax calendar for FY2024-25, remember to mark out all the important dates to ensure tax compliance and effective management of your finances. By being aware of these deadlines, you can streamline your tax-related activities and avoid any potential penalties.