Income Tax Calendar

January 14

• Quarterly filing of Statement of TDS for payments (other than salary) to Non Residents/ Residents but not ordinarily residents, for the quarter Oct – Dec (Form No. 27Q and 27A)

January 15

• Quarterly filing of Statement of TDS for Salary and TDS for payments (other than salary) to Residents for the quarter Oct – Dec (Form No. 24Q and 27A)

March 15

• Payment of advance tax (for both income tax and FBT)
  • For corporate assessee: upto 100% of advance tax payable.
  • For non-corporate assessee: upto 100% of advance tax payable

March 31

• End of Financial year
• The last date for making investments in tax-saving instruments for claiming deduction under chapter VI of the Income Tax Act
• Last date for submitting rent receipts and bills for reimbursement of medical and conveyance allowances to your employer

April 01

• Start of new Financial year

April 30

• Deadline for issuing TDS Certificate/ Form16

June 14

• Quarterly filing of Statement of TDS for payments (other than salary) to Non Residents/ Residents but not ordinarily residents, for the quarter Jan – Mar (Form No. 27Q and 27A)

June 15

• Quarterly filing of Statement of TDS for Salary and TDS for payments (other than salary) to Residents for the quarter Jan – Mar (Form No. 24Q and 27A)
• Payment of advance tax (for both income tax and FBT)
  • For corporate assessee: upto 15% of advance tax payable.
  • For non-corporate assessee: NIL

July 14

• Quarterly filing of Statement of TDS for payments (other than salary) to Non Residents/ Residents but not ordinarily residents, for the quarter Apr – Jun  (Form No. 27Q and 27A)

July 15

• Quarterly filing of Statement of TDS for Salary and TDS for payments (other than salary) to Residents for the quarter Apr – Jun (Form No. 24Q and 27A)

July 31

• Due date for filing income tax returns for salaried tax payers and for non corporate assessee whose accounts are not required to be audited

September 15

• Payment of advance tax (for both income tax and FBT)
  • For corporate assessee: upto 45% of advance tax payable.
  • For non-corporate assessee : upto 30% of advance tax payable

September 30

• Due date for filing income tax returns for:
  • A company
  • A person other than a company whose accounts are required to be audited under the Income Tax Act or any other law
  • A working partner of a firm whose accounts are required to be audited under the Income Tax Act or any other law

October 14

• Quarterly filing of Statement of TDS for payments (other than salary) to Non Residents/ Residents but not ordinarily residents, for the quarter Jul – Sep  (Form No. 27Q and 27A)

October 15

• Quarterly filing of Statement of TDS for Salary and TDS for payments (other than salary) to Residents for the quarter Jul – Sep (Form No. 24Q and 27A)

October 31

• Due date for filing income tax returns for non corporate assessee, not covered in July 31 and September 30 due date

December 15

• Payment of advance tax (for both income tax and FBT)
  • For corporate assessee: upto 75% of advance tax payable.
  • For non-corporate assessee : upto 60% of advance tax payable

 Generic Dates:

• 7^th of every month: Payment of TDS and TCS collected during the last month (except for TDS deducted in last month of the accounting year, payment should be made within 2 months from the last date of the accounting year)
• 15^th of every month: Deposit of provident fund contribution for the last month
• 20^th of every month: Payment of Professional Tax deducted during the last month
• 21^st of every month: Deposit of ESIC contribution (Employee State Insurance Corporation) for the last month