Income Tax Calendar- Important Dates for the Financial Year 2024-25
Updated on: Jun 3rd, 2024
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18 min read
Timely payment of taxes not only gets you immense benefits in terms of savings but also keeps you out of troubles like penalisation, bad credit scores due to non-compliance, etc. Here is a month-wise income tax calendar with due dates for the financial year 2024-25 to ensure that you do not forget these important dates under Income Tax.
April 2024
*Due date | Purpose | Period | Description |
14th April
| TDS Certificate (Form 16B) | Feb‘24 | Issuance of TDS certificate for Tax deducted under section 194IA** |
TDS Certificate (Form 16C)
| Feb‘24 | Issuance of TDS certificate for Tax deducted under section 194IB*** | |
TDS Certificate (Form 16D)
| Feb‘24 | Issuance of TDS certificate for Tax deducted under section 194M*** | |
15th April* | PF/ ESI | Mar’24 | Depositing contribution towards PF/ ESI |
30th April | TDS Challan cum Statement in case of Section 194IA, 194IB and 194-M | Mar‘24 | Furnishing of challan-cum-statement under Section 194IA (Form 26QB), 194IB(Form 26QC), and 194M |
Depositing TDS & TCS liabilities to the Income Tax department | Mar‘24 | TDS & TCS liabilities deposit for March 2024. |
May 2024
*Due date | Purpose | Period | Description |
7th May | Depositing TDS & TCS liabilities to the Income Tax department | Apr‘24 | TDS & TCS liabilities deposit for April 2024. |
15th May | TDS Certificate (Form 16B) TDS Certificate (Form 16C) TDS Certificate (Form 16D) | Mar‘24 | Issuing TDS certificates for tax deducted under sections 194-IA, 194-IB, and 194M. |
Quarterly TCS return | Jan-Mar‘24 | Quarterly statement for TCS (Form 27EQ) for the quarter ending March 24. | |
PF/ESI | Apr‘24 | Depositing contribution towards PF/ ESI | |
30th May | Challan-cum-statement for tax deducted under 194IA, 194IB, and 194M | Apr‘24 | Furnishing of challan-cum-statement under Section 194IA (Form 26QB), 194IB(Form 26QC), and 194M |
LLP Form-11 | FY 2023-24 | Annual statement filing of LLP with details of business and partners of LLP for FY 2023-24. | |
Quarterly TCS Certificate | Jan-Mar’24 | Issue of TCS certificate for Quarter 4 of FY 2023-24. | |
31st May | Quarterly TDS Return | Jan-Mar’24 | Quarterly statement for TDS deposited for quarter ending March 2024. |
June 2024
*Due date | Purpose | Period | Description |
7th June | Depositing TDS & TCS liabilities to the Income Tax department | May‘24 | TDS & TCS liabilities deposit for May 2024. |
14th June | TDS Certificate (Form 16B) | Apr‘24 | Issuing TDS certificates for tax deducted under section 194-IA, 194-IB, and 194M. |
TDS Certificate (Form 16C) | Apr’24 | Issuance of TDS certificate for Tax deducted under section 194-IB*** | |
TDS Certificate (Form 16D) | Apr’24 | Issuance of TDS certificate for Tax deducted under section 194-M*** | |
15th June | TDS certificates for other than salary payments | Jan-Mar’24 | Issuing TDS certificates (Form 16A) |
TDS certificates for salary | FY 2023-24 | Issuing TDS certificates (Form 16) to the employees for tax deducted at source on salary | |
Advance tax first instalment | FY 2024-25 | Advance tax payment for FY 2024-25 (AY 2025-26).
15 percent of the estimated tax as advance tax instalment. | |
PF/ ESI | May‘24 | Depositing contribution towards PF/ESI. | |
30th June | Challan-cum-statement for tax deducted under 194IA, 194IB, and 194M | May‘24 | Furnishing of challan-cum-statement under Section 194IA (Form 26QB), 194IB(Form 26QC), and 194M |
July 2024
*Due date | Purpose | Period | Description |
7th July | Depositing TDS & TCS liabilities to the Income Tax department | Jun‘24 | TDS & TCS Liabilities Deposit for June 2024. |
15th July | TDS Certificate (Form 16B) | May‘24 | Issuance of TDS certificate for Tax deducted under section 194-IA** |
TDS Certificate (Form 16C) | May‘24 | Issuance of TDS certificate for Tax deducted under section 194-IB*** | |
TDS Certificate (Form 16D) | May‘24 | Issuance of TDS certificate for Tax deducted under section 194-M*** | |
| PF/ESI | Jun’24 | Depositing contribution towards PF/ESI |
| Quarterly TCS return | Apr to Jun‘24 | Quarterly statement for TCS (Form 27EQ) for the quarter ending June 24. |
30th July | Challan-cum-statement for tax deducted under 194IA, 194IB, and 194M | Jun‘24 | Furnishing of challan-cum-statement under Section 194IA (Form 26QB), 194IB(Form 26QC), and 194M |
Quarterly TCS Certificate | Apr-Jun’24 | Issue of TCS certificate ( FORM 27D) for Quarter 1 of FY 2024-25 | |
31st July | Furnishing quarterly TDS returns (Salary and non-salary) | Apr to Jun‘24 | Quarterly statement for TDS (Form 24Q or Form 26Q) for the quarter ending June 24. |
Income tax return filing | FY 2023-24
| Income tax return filing for FY 2023-24 for individuals and entities not liable for tax audit, and who have not entered into any international or specified domestic transaction. |
August 2024
*Due date | Purpose | Period | Description |
7th Aug | Depositing TDS & TCS liabilities to the Income Tax department | Jul‘24 | TDS & TCS liabilities deposit for July 2024. |
14th Aug | TDS certificate (Form 16B) TDS certificate (Form 16C) TDS certificate (Form 16D) | Jun‘24 | Issuing TDS certificates for tax deducted under section 194-IA, 194-IB, and 194M. |
15th Aug | PF/ESI | Jul’24 | Depositing contribution towards PF/ESI |
Quarterly TDS certificates for other than salary payments. | Apr to Jun’24 | Issuing TDS certificates other than salary payments (Form 16A) for the quarter ending June 2024 | |
30th Aug | Challan-cum-statement for tax deducted under 194IA, 194IB, and 194M | Jul‘24 | Furnishing of challan-cum-statement under Section 194IA (Form 26QB), 194IB(Form 26QC), and 194M |
September 2024
*Due date | Purpose | Period | Description |
7th Sep | TDS /TCS Liability Deposit | Aug‘24 | Depositing TDS/ TCS liability |
14th Sep | TDS certificate (Form 16B) TDS certificate (Form 16C) TDS certificate (Form 16D) | Jul‘24 | Issuing TDS certificates for tax deducted under section 194-IA, 194-IB, and 194M |
15th Sep | PF/ESI | Aug’24 | Depositing contribution towards PF/ESI |
Second advance tax instalment | FY 2024-25 | Advance tax payment for FY 2024-25 (AY 2025-26).
45% of the total estimated tax as advance tax instalment (after deducting the advance tax paid in previous instalments). | |
30th Sep | Challan-cum-statement for tax deducted under 194IA, 194IB, and 194M | Aug‘24 | Furnishing of challan-cum-statement under Section 194IA (Form 26QB), 194IB(Form 26QC), and 194M |
Tax audit report | FY 2023-24
| Submission of the audit report (Section 44AB) for FY 2023-24 for those assessees covered under tax audit but do not have any international or specified domestic transactions. |
October 2024
*Due date | Purpose | Period | Description |
7th Oct | TDS /TCS Liability Deposit | Sep‘24 | Depositing TDS/ TCS liability |
15th Oct | TDS certificate (Form 16B) TDS certificate (Form 16C) TDS certificate (Form 16D) | Aug‘24 | Issuing TDS certificates for tax deducted under section 194-IA, 194-IB, and 194M |
PF/ESI | Sep’24 | Depositing contribution towards PF/ESI | |
TCS quarterly return | July to Sep‘24 | Quarterly statement for TCS (Form 27EQ) for quarter ending September 24. | |
30th Oct | Quarterly TCS certificate | July to Sep‘24 | Issue of TCS certificate (FORM 27D) for the quarter ending September 24. |
Challan-cum-statement for tax deducted under 194IA, 194IB, and 194M | Sep‘24 | Furnishing of challan-cum-statement under Section 194IA (Form 26QB), 194IB(Form 26QC), and 194M | |
31st Oct | Quarterly TDS return (Salary and non-salary) | July to Sep‘24 | The quarterly quarterly statement for TDS (Form 24Q or Form 26Q) for the quarter ending September 24. |
ITR filing for assessee covered under tax audit. | FY 2023-24 | ITR filing for assessments requiring audit (not having international or specified domestic transactions). | |
Transfer pricing audit report | FY 2023-24 | Submission of the audit report for FY 23-24 for assessee having international or specified domestic transactions |
November 2024
*Due date | Purpose | Period | Description |
7th Nov | TDS /TCS Liability Deposit | Oct‘24 | Depositing TDS/ TCS liability |
14th Nov | TDS certificate (Form 16B) TDS certificate (Form 16C) TDS certificate (Form 16D) | Sep‘24 | Issuing TDS certificates for tax deducted under section 194-IA, 194-IB, and 194M |
15th Nov | PF/ESI | Oct’24 | Depositing contribution towards PF/ESI |
TDS Certificate (Form 16A) | July to Sep’24
| Quarterly TDS certificate (Other than salary) | |
30th Nov | Challan-cum-statement for tax deducted under 194IA, 194IB, and 194M | Oct‘24 | Furnishing of challan-cum-statement under Section 194IA (Form 26QB), 194IB(Form 26QC), and 194M |
ITR filing for transfer pricing cases | FY 2023-24 | ITR filing for TP cases (for assessee having international and specified domestic transactions) |
December 2024
*Due date | Purpose | Period | Description |
7th Dec | TDS /TCS Liability Deposit | Nov‘24 | Depositing TDS/ TCS liability |
15th Dec | TDS certificate (Form 16B) TDS certificate (Form 16C) TDS certificate (Form 16D) | Oct‘24 | Issuing TDS certificates for tax deducted under sections 194-IA, 194-IB, and 194M |
15th Dec | PF/ESI | Nov’24 | Depositing contribution towards PF/ESI |
Third advance tax instalment | FY 2024-25 | Advance tax payment for FY 2024-25 (AY 2025-26).
75% of the estimated tax as advance tax instalment (calculated after deducting the advance tax paid in previous instalments) | |
30th Dec | Challan-cum-statement for tax deducted under 194IA, 194IB, and 194M | Nov 24 | Furnishing of challan-cum-statement under Section 194IA (Form 26QB), 194IB(Form 26QC), and 194M |
31st Dec | Belated return or Revised return | FY 2023-24 | The due date for filing a belated or revised return. |
January 2025
*Due date | Purpose | Period | Description |
7th Jan | TDS /TCS Liability Deposit | Dec‘24 | Depositing TDS/ TCS liability |
14th Jan | TDS certificate (Form 16B) TDS certificate (Form 16C) TDS certificate (Form 16D) | Nov‘24 | Issuing TDS certificates for tax deducted under section 194-IA, 194-IB, and 194M |
15th Jan | PF/ESI | Dec’24 | Depositing contribution towards PF/ESI |
TCS Return (Quarterly)
| Oct to Dec‘24 | Statement of TCS (Form 27EQ) deposited under income tax laws. | |
30th Jan | Challan-cum-statement for tax deducted under 194IA, 194IB, and 194M | Dec‘24 | Furnishing of challan-cum-statement under Section 194IA (Form 26QB), 194IB(Form 26QC), and 194M |
Quarterly TCS certificate | Oct to Dec’24
| Issue of TCS certificate (FORM 27D) for the quarter ending. | |
31st Jan | Quarterly TDS returns (Salary and non-salary) | Oct to Dec‘24 | The quarterly statement for TDS (Form 24Q or Form 26Q) for the quarter ending December 24. |
February 2025
*Due date | Purpose | Period | Description |
7th Feb | TDS/ TCS liability deposit | Jan‘25 | Depositing TDS/ TCS liability |
14th Feb | TDS certificate (Form 16B) TDS certificate (Form 16C) TDS certificate (Form 16D) | Dec‘24 | Issuing TDS certificates for tax deducted under sections 194-IA, 194-IB, and 194M |
15th Feb | PF/ESI | Jan’25 | Depositing contribution towards PF/ESI |
Quarterly TDS certificates other than salary payments | Oct to Dec’24 | Form 16A |
March 2025
*Due date | Purpose | Period | Description |
2nd Mar | Challan-cum-statement for tax deducted under 194IA, 194IB, and 194M | Jan‘25 | Furnishing of challan-cum-statement under Section 194IA (Form 26QB), 194IB(Form 26QC), and 194M |
7th Mar | TDS /TCS Liability Deposit | Feb‘25 | Depositing TDS/ TCS liability |
15th Mar | PF/ESI | Feb‘25 | Depositing contribution towards PF/ESI |
Final advance tax payment | Jan to Mar’25 | Advance tax payment for FY 2024-25 (AY 2025-26).
100% of the estimated tax as advance tax instalment (calculated after deducting advance tax previous instalments) | |
17th Mar | TDS certificate (Form 16B) TDS certificate (Form 16C) TDS certificate (Form 16D) | Jan‘25 | Issuing TDS certificates for tax deducted under section 194-IA, 194-IB, and 194M |
30th Mar | Challan-cum-statement for tax deducted under 194IA, 194IB, and 194M | Feb‘25 | Furnishing of challan-cum-statement under Section 194IA (Form 26QB), 194IB(Form 26QC), and 194M |
*Above due dates are subject to any changes notified by the department based on the recommendations and situations.
** 194-IA- TDS on payment made by the person transferring Immovable property valuing more than fifty lakh rupees.
*** 194-IB- TDS on Rent paid by Individual /HUF to any resident exceeding fifty thousand rupees p.m.
194-M – TDS on contractual payments made by Individual/HUF to any resident exceeding fifty lakh rupees.
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