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:
- 7th 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)
- 15th of every month: Deposit of provident fund contribution for the last month
- 20th of every month: Payment of Professional Tax deducted during the last month
- 21st of every month: Deposit of ESIC contribution (Employee State Insurance Corporation) for the last month
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