Updated on: January 6th, 2025 9:57 AM

Income Tax Calendar - ITR Important Dates for the Financial Year 2025-26

Paying taxes on time not only offers substantial savings benefits but also helps you avoid issues such as penalties and poor credit scores caused by non-compliance. To help you stay organized, here’s a month-by-month income tax calendar with key due dates for the financial year 2025–26, ensuring you never miss these crucial deadlines. Stay on top of your taxes with IndiaFilings! Get expert assistance for income tax filing, compliance, and more.

Income Tax Calendar 2025-2026

As we step into the new financial year 2025-2026, staying updated with the Income Tax Calendar is crucial for effective tax planning and compliance. This guide will walk you through all the essential deadlines—from tax payment schedules to the submission of various forms—that you need to keep track of. Whether you're an individual taxpayer, a business owner, or a financial advisor, being aware of these critical timelines will help you manage your tax responsibilities efficiently, avoid penalties, and make informed financial decisions.

Income Tax Calendar: January 2025 Deadlines

To stay compliant and avoid penalties, here is a detailed income tax calendar for January 2025: January Income Tax Calendar

7 January 2025

• Deadline to deposit tax deducted (TDS) or collected (TCS) for December 2024, except under sections 194-IA, 194-IB, 194M, or 194S (by specified persons).
• Deadline for quarterly TDS deposit (October–December 2024) under Sections 192, 194A, 194D, or 194H for cases where the Assessing Officer has approved quarterly payment.

14 January 2025

• Deadline for issuing TDS Certificates for tax deducted in November 2024:
  • Section 194-IA (Property transactions).
  • Section 194-IB (Rent payments).
  • Section 194M (Payments to contractors/professionals).
  • Section 194S (Crypto and digital asset transactions by specified persons).

15 January 2025

• Submission of Form 24G by government offices where TDS/TCS for December 2024 was paid without a challan.
• Submission of quarterly TCS statement for October–December 2024.
• Submission of Form 15CC by authorized dealers for foreign remittances made during October–December 2024.
• Submission of Form 15G/15H declarations received in October–December 2024.
• Filing of Form 49BA by specified funds under Rule 114AAB for October–December 2024.
• Filing of belated or revised returns for the Assessment Year 2024–25 (extended from 31 December 2024 to 15 January 2025, per Circular 21/2024).

30 January 2025

• Issuance of quarterly TCS certificates for October–December 2024.
• Submission of challan-cum-statements for tax deducted in December 2024 under sections:
  • 194-IA
  • 194-IB
  • 194M
  • 194S (by specified persons).

31 January 2025

• Submission of quarterly TDS statement for October–December 2024.
• Submission of quarterly returns by banking companies for non-deduction of tax on time deposit interest (October–December 2024).
• Sovereign Wealth Funds to submit investment intimation for October–December 2024.

Income Tax Calendar January 2025 Deadlines

Income Tax Calendar 2025: Key Deadlines for February

Stay on top of your tax obligations with this comprehensive  ITR Calendar 2025, highlighting important due dates for February to ensure timely compliance. February Income Tax Calendar

7 February 2025

• The last date to deposit tax deducted or collected is January 2025. For government offices, any TDS/TCS paid without a challan must be credited to the Central Government on the same day.

14 February 2025

• The deadline for issuing TDS Certificates for tax deducted in December 2024 under the following sections:
  • Section 194-IA: TDS on property transactions.
  • Section 194-IB: TDS on rent payments.
  • Section 194 M: TDS on payments to contractors/professionals.
  • Section 19 4S: TDS on cryptocurrency and other virtual digital asset transactions (by specified persons).

15 February 2025

• The last date to submit Form 24G by government offices for TDS/TCS payments made in January 2025 without a challan.
• Deadline for issuing Quarterly TDS Certificates (non-salary payments) for the quarter ending 31 December 2024.

We have provided the Income Tax Calendar: February 2025 Deadlines in a tabular format below for quick reference: Income Tax Calendar February 2025 Deadlines

March 2025 Income Tax Calendar

The month of March 2025 brings several key deadlines for tax compliance. These dates are essential for both individuals and businesses to follow to avoid penalties, ensure timely submissions, and remain compliant with Income Tax laws. March Income Tax Calendar

2 March 2025 – Furnishing of Challan-Cum-Statement for January 2025

By 2 March 2025, taxpayers must submit the challan-cum-statement for tax deducted under the following sections for the month of January 2025:

• Section 194-IA: TDS on property transactions (e.g., when a buyer deducts tax on the sale of property).
• Section 194-IB: TDS on rent payments by individuals or HUFs not subject to audit.
• Section 194S (for specified persons): TDS on digital asset transactions like cryptocurrency.
• Section 194M: TDS on payments made to contractors or professionals by individuals or HUFs not subject to audit.

The challan-cum-statement submission ensures the tax deducted during January 2025 is properly reported to the tax authorities.

7 March 2025 – Deposit of Tax Deducted for February 2025

On 7 March 2025, the due date arrives for the deposit of tax deducted or collected during February 2025. The deposit should be made in the following manner:

• Tax deducted or collected by individuals and businesses must be deposited to the credit of the government.
• For government offices, tax deducted or collected must be deposited on the same day if there is no challan involved in the payment. This ensures that the tax is processed and accounted for without delay.

15 March 2025 – Various Advance Tax and Form Submissions

Don't miss important deadlines! Refer to the Income Tax Payment Calendar 2025 for key advance tax payments and form submissions on March 15, 2025. Fourth Installment of Advance Tax for Assessment Year 2025-26:

• Advance Taxis are paid in instalments throughout the year, and the fourth instalment is due on 15 March 2025.
• It applies to all taxpayers whose total tax liability is ₹10,000 or more after reducing TDS/TCS.

Full Payment of Advance Tax for Assessees under the Presumptive Scheme (Sections 44AD / 44ADA):

• For taxpayers under the presumptive taxation scheme(for businesses with a turnover under ₹2 crore), the full payment of advance tax for Assessment Year 2025-26 is due by 15 March 2025.
• Sections 44AD(for businesses) and 44ADA (for professionals) provide simplified tax computation based on a percentage of gross receipts, requiring no detailed books of accounts.

Furnishing of Form 24G for TDS/TCS Without Challan:

• Form 24G is to be submitted by government offices that have paid TDS/TCS for February 2025 without using a challan.
• This form reports the TDS/TCS payments and is required to be filed by the government department by 15 March 2025.

17 March 2025 – Issuance of TDS Certificates for January 2025

On 17 March 2025, taxpayers must issue TDS certificates for tax deducted during January 2025. The specific certificates that need to be issued are:

• Section 194-IA: TDS certificate for tax deducted on property transactions.
• Section 194-IB: TDS certificate for tax deducted on rent payments.
• Section 194S(specified persons): TDS certificate for tax deducted on digital asset transactions.
• Section 194M: TDS certificate for tax deducted on payments to contractors and professionals by non-corporate entities.

30 March 2025 – Furnishing of Challan-Cum-Statement for February 2025

By 30 March 2025, taxpayers must submit challan-cum-statements for tax deducted under the following sections for the month of February 2025:

• Section 194-IA: TDS on property transactions.
• Section 194-IB: TDS on rent payments.
• Section 194M: TDS on payments to contractors or professionals.
• Section 194S(for specified persons): TDS on cryptocurrency or digital assets.

31 March 2025 – End-of-Year Filings and Reports

Country-by-Country Report (Form 3CEAD):

• Form 3CEAD needs to be submitted by Indian parent entities or alternate reporting entities for the international group of which they are constituents.
• This report provides tax authorities with detailed financial data of multinational groups to prevent tax evasion and promote transparency.
• It is due for the financial year 2023-24.

Country-by-Country Report (For Non-Parent Entities): If the parent entity is not required to file the report or if the parent is located in a country with which India does not have an exchange agreement, Indian constituent entities must file this report for the accounting year 1 April 2023 – 31 March 2024. Uploading of Form 67 for Foreign Tax Credit (FTC):

• Taxpayers can upload Form 67 if they wish to claim a foreign tax credit on income earned abroad.
• The form must include details of foreign income and taxes paid on it, applicable for the previous year 2022-23.
• This is only valid if the taxpayer has filed their tax returns within the time frame provided under sections 139(1) or 139(4).

Furnishing of Updated Return of Income for AY 2022-23:

• Updated returns for Assessment Year 2022-23 are due on 31 March 2025. Taxpayers who missed the original filing deadline can submit updated returns to correct any errors or claim additional refunds.

We have provided the Income Tax Calendar: March 2025 Deadlines in a tabular format below for quick reference:

Note on 2025 Income Tax Dates Beyond March 

The official income tax deadlines for the second half of 2025 are still pending release by the Central Board of Direct Taxes (CBDT). As of now, the official tax filing and payment deadlines for April to December 2025 are yet to be updated. We will update due dates once the official Income Tax Department publishes the exact deadlines for the rest of 2025. Meanwhile, you can refer to the deadlines for April 2024, which provide a pattern for the upcoming year.

April 2025 Income Tax Calendar

The month of April 2024 has several important due dates for taxpayers to meet:

• 7 April 2024: The due date for the tax deposit deducted/collected by a government office is March 2024. All taxes deducted by the government office should be paid to the central government on the same day if no challan is produced.
• 14 April 2024: Due date for issuing TDS certificates for tax deducted under:
  • Section 194-IAfor February 2024 (TDS on property transactions)
  • Section 194-IBfor February 2024 (TDS on rent payments)
  • Section 194Mfor February 2024 (TDS on payments to contractors/professionals)
  • Section 194Sfor February 2024 (TDS by a specified person on digital asset transactions)
• 15 April 2024:
  • Quarterly statement of foreign remittances to be furnished by authorized dealers in Form No. 15CC for the quarter ending March 2024.
  • Form No. 3BB submission by stock exchanges for modified client codes in March 2024.
• 30 April 2024: Multiple filings due, including:
  • Form 24Gsubmission by government offices where TDS/TCS for March 2024 was paid without a challan.
  • Furnishing of challan-cum-statementfor taxes deducted under Sections 194-IA, 194-IB, 194M, and 194S for March 2024.
  • Deposit of TDS for March 2024 by non-government taxpayers.
  • E-filing of Form No. 61 with details of Form No. 60 received during the period October 1, 2023, to March 31, 2024.
  • Uploading of Form 15G/15H declarations for the quarter ending March 2024.
  • Quarterly TDS deposit for taxpayers with permission from the Assessing Officer under Sections 192, 194A, 194D, or 194H for the period January 2024 to March 2024.

May 2024 Income Tax Calendar - Key Deadlines

• 7 May 2024: Due date for the deposit of tax deducted/collected for the month of April 2024. For government offices, taxes should be paid to the credit of the Central Government on the same day if tax is paid without producing an income-tax challan.
• 15 May 2024:
  • TDS Certificates for tax deducted under Sections 194-IA, 194-IB, 194M, and 194S for the month of March 2024.
  • Form 24Gsubmission by government offices where TDS/TCS for April 2024 has been paid without a challan.
  • Quarterly statement of TCS for the quarter ending March 31, 2024.
  • Form 3BBsubmission by stock exchanges for modified client codes in April 2024.
• 30 May 2024: Several filings are due, including:
  • Form No. 49C by non-residents having a liaison office in India for FY 2023-24.
  • Challan-cum-statement submissions for taxes deducted under Sections 194-IA, 194IB, 194M, and 194S for April 2024.
  • TCS certificates for the 4th Quarter of FY 2023-24.
  • Financial transaction statements (Form No. 61A)for FY 2023-24 as per Section 285BA.
  • E-filing of reportable accounts(Form No. 61B) for the calendar year 2023.
  • PAN applications for non-individual resident persons involved in financial transactions of Rs. 2,50,000 or more in FY 2023-24.
  • Statement in Form No. 10 to accumulate income for future application under Section 10(21) or Section 11(1).
  • Form 10BDand Form 10BE for donations under Section 80G(5) or Section 35(1A) for FY 2023-24.

June 2024 Income Tax Calendar - Key Deadlines

• 7 June 2024: Due date for the deposit of tax deducted/collected for the month of May 2024. Government offices must pay tax to the credit of the Central Government on the same day if no income-tax challan is produced.
• 14 June 2024:
  • TDS Certificates for tax deducted under Sections 194-IA, 194-IB, 194M, and 194S for the month of April 2024.
  • 15 June 2024: Form 24G submission by government offices where TDS/TCS for May 2024 has been paid without producing a challan.
  • Quarterly TDS Certificates for non-salary payments for the quarter ending March 2024.
  • Certificate of tax deducted at source on salary paid for FY 2023-24.
  • Form 3BBsubmission by stock exchanges for modified client codes in May 2024.
  • Form 64Dsubmission for income paid or credited by an investment fund to its unit holder for FY 2023-24.
• 29 June 2024: Form 3CEKsubmission by an eligible investment fund under Section 9A for FY 2023-24.
• 30 June 2024:
  • Challan-cum-Statementsfor tax deducted under Sections 194-IA, 194-IB, 194M, and 194S for May 2024.
  • Securities Transaction Tax Return for FY 2023-24.
  • Quarterly return for non-deduction of tax at source on time deposits by banks for the quarter ending March 31, 2024.
  • Form 64Csubmission by Alternative Investment Funds (AIFs) for income distributed to unit holders in FY 2023-24.
  • Form 64Bsubmission by business trusts for income distributed to unit holders in FY 2023-24.
  • Equalisation Levy Statement for FY 2023-24.

July 2024 Income Tax Calendar - Key Deadlines

• 7 July 2024: The due date for the tax deposit deducted/collected for June 2024 is as follows:
  • Tax deducted by government offices must be paid to the Central Government on the same day if no income-tax challan is produced.

• • The due date for deposit of TDS for the period April 2024 to June 2024 for those permitted by the Assessing Officer to deposit TDS quarterly under sections 192, 194A, 194D, or 194H.
• 15 July 2024:
  • TDS Certificates for tax deducted under Sections 194-IA, 194-IB, 194M, and 194S for May 2024.
  • Quarterly statement of foreign remittances (Form 15CC) for the quarter ending June 2024 to be furnished by authorized dealers.
  • The quarterly statement of TCS was deposited for the quarter ending June 30, 2024.
  • Form 3BBsubmission by stock exchanges for modified client codes in June 2024.

• 30 July 2024:
  • Quarterly TCS certificates for the quarter ending June 30, 2024.
  • Challan-cum-Statementsfor tax deducted under Sections 194-IA, 194-IB, 194M, and 194S for June 2024.
• 31 July 2024: Return of income for the assessment year 2024-25 for all assessees other than:
  • Corporate assessees.
  • Non-corporate assessees whose books are required to be audited.
  • Partners of firms whose accounts are required to be audited or their spouses.
  • Assesses are required to furnish a report under Section 92E.
  • Quarterly return for non-deduction of tax at source by banks on time deposits for the quarter ending June 30, 2024.
  • Statements by scientific research associations or institutions under rules 5D, 5E, and 5F, if the due date for submission of the return of income is July 31, 2024.
  • Intimation in Form 10BBBby a pension fund for investments made in India during Q1 2024-25.
  • Intimation in Form II by a Sovereign Wealth Fund for investments made in India during Q1 2024-25.

August 2024 Income Tax Calendar - Key Deadlines

• 7 August 2024: Deposit of tax deducted/collected for the month of July 2024. Tax deducted by government offices must be paid to the Central Government on the same day if no income-tax challan is produced.
• 14 August 2024: TDS Certificate for tax deducted under Sections 194-IA, 194-IB, 194M, and 194S for June 2024.
• 15 August 2024:
  • Form 24G submission by government offices where TDS/TCS for July 2024 has been paid without a challan.
  • Form 3BB submission by stock exchanges for modified client codes in July 2024.
  • Quarterly TDS certificate(for payments other than salary) for the quarter ending June 30, 2024.
• 30 August 2024: Challan-cum-Statementsfor tax deducted under Sections 194-IA, 194-IB, 194M, and 194S for July 2024.
• 31 August 2024: Application in Form 9Afor exercising the option under Section 11(1) to apply the income of the previous year in future (if the return is due by October 31, 2024).
• Form 10 submission to accumulate income for future application under Section 10(21) or Section 11(1) (if the return is due by October 31, 2024).

September 2024 Income Tax Calendar  

• 7 September 2024: Deposit of tax deducted/collected for the month of August 2024. Tax deducted by government offices must be paid to the Central Government on the same day if no income-tax challan is produced.
• 14 September 2024: TDS Certificates for tax deducted under Sections 194-IA, 194-IB, 194M, and 194S for July 2024.
• 15 September 2024: Form 24 G was submitted by government offices, where TDS/TCS for August 2024 was paid without a challan.
  • The second instalment of advance tax is for the assessment year 2025-26.
  • Form 3BBsubmission by stock exchanges for modified client codes in August 2024.
• 30 September 2024:
• Challan-cum-Statementsfor tax deducted under Sections 194-IA, 194-IB, 194M, and 194S for August 2024.
• Filing of audit report under Section 44AB for Assessment Year 2024-25 in the case of corporate-assessees or non-corporate-assessees required to submit their return of income by October 31, 2024. (Extended to October 7, 2024, as per Circular No. 10/2024, dated 29-09-2024).
• Form 9Aapplication for exercising the option under Explanation to Section 11(1) to apply the income of the previous year in the next year or future (if the return is due by November 30, 2024).
• Form 10 submission to accumulate income for future application under Section 10(21) or Section 11(1) (if the return is due by November 30, 2024).
• Furnishing of audit report in Form 10B/10BB by a fund, trust, institution, or educational/medical institution (Extended to October 7, 2024, as per Circular No. 10/2024, dated 29-09-2024).

October 2024 Income Tax Calendar - Key Deadlines

• 7 October 2024:
  • Deposit of tax deducted/collected for September 2024. Tax deducted by government offices must be paid to the Central Government on the same day if no income-tax challan is produced.
  • Deposit of TDS for the period July 2024 to September 2024 for taxpayers allowed quarterly deposit under Sections 192, 194A, 194D, or 194H.
  • Filing of audit report under Section 44AB for the Assessment Year 2024-25 in case of corporate or non-corporate assessees whose return is due by October 31, 2024. (Extended from 30 September 2024, as per Circular No. 10/2024).
  • Furnishing audit reports in Form 10B/10BB by funds, trusts, institutions, universities, or medical institutions. (Extended from 30 September 2024, as per Circular No. 10/2024).
• 15 October 2024:
  • Form 24G submission by government offices where TDS/TCS for September 2024 has been paid without a challan.
  • TDS Certificates for tax deducted under Sections 194-IA, 194-IB, 194M, and 194S for August 2024.
  • The quarterly statement of TCS was deposited for the quarter ending September 30, 2024.
  • Upload declarations received in Form No. 15G/15H for the quarter ending September 2024.
  • Form 3BB submission by stock exchanges for modified client codes in September 2024.
• 30 October 2024:
  • Challan-cum-Statementsfor tax deducted under Sections 194-IA, 194-IB, 194M, and 194S for September 2024.
  • Quarterly TCS certificate for the quarter ending September 30, 2024.
  • Intimation by a designated constituent entity of an international group in Form 3CEAB for the accounting year 2023-24.
  • The quarterly statement of TDS was deposited for the quarter ending September 2024.
  • Furnishing of Annual audited accounts for each approved programme under Section 35(2AA).
  • Quarterly return of non-deduction of tax at source by banking companies from time deposit interest for the quarter ending September 2024.
  • Submission of Form No. 60 declarations received from April 1, 2024, to September 30, 2024, to the concerned Director/Joint Director.
  • Return of income filing for the Assessment Year 2024-25 if the assessee is:
    • Corporate assessee, or
    • Non-corporate assessee whose books are audited, or
    • Partner of a firm whose accounts are audited.
  • Audit report under Section 44AB for an assessee required to submit a report under Section 92E for international/domestic transactions.
  • A report in Form 3CEB for international transactions and specified domestic transactions.
  • Form 3CEJsubmission by eligible investment funds for the arm's length price of the remuneration paid to fund managers.
  • Statement by scientific research associations, universities, and Indian scientific research companies(if the return is due by October 31, 2024).
  • Audit of accounts submission to the Department of Scientific and Industrial Research for companies eligible for weighted deductions under Section 35(2AB) (if no international/specified domestic transactions).
  • Form 10BBB submission by pension funds for investments made in India for quarter ending September 2024.
  • Form II submission by Sovereign Wealth Funds for investments made in India for quarter ending September 2024.

November 2024 Income Tax Calendar

• 7 November 2024: Deposit of Tax deducted/collected for October 2024. Tax deducted by government offices must be paid to the Central Government on the same day if no income-tax challan is produced.
• 14 November 2024: TDS Certificates for tax deducted under Sections 194-IA, 194-IB, 194M, and 194S for September 2024.
• 15 November 2024:
  • Quarterly TDS certificate(for payments other than salary) for the quarter ending September 30, 2024.
  • Form 24Gsubmission by government offices where TDS/TCS for October 2024 has been paid without a challan.
  • Form 3BBsubmission by stock exchanges for modified client codes in October 2024.
• 30 November 2024:
  • Challan-cum-Statementsfor tax deducted under Sections 194-IA, 194-IB, 194M, and 194S for October 2024.
  • Return of income for the Assessment Year 2024-25 for assessees required to submit a report under Section 92E pertaining to international or specified domestic transactions.
  • Form 3CEAAsubmission by a constituent entity of an international group for the accounting year 2023-24.
  • Statement of income distribution by Venture Capital Company or venture capital fund (Form No. 64) for the previous year 2023-24.
  • Form No. 64Dsubmission by Alternative Investment Fund (AIF) to Principal CIT or CIT regarding income distributed to unit holders (during 2023-24).
  • Exercise of safe harbour rules option for international transactions by furnishing Form 3CEFA.
  • Exercise of safe harbour rules option for specified domestic transactions by furnishing Form 3CEFB.
  • Form No. 64Asubmission by business trusts for income distributed to unit holders during 2023-24.
  • Audit submission to the Secretary, Department of Scientific and Industrial Research, for companies eligible for weighted deduction under Section 35(2AB) if the company has international/specified domestic transactions.
  • Form 3CEJsubmission by eligible investment funds regarding the arm's length price of the remuneration paid to fund managers for those required to submit a return of income on November 30, 2024.
  • Statement by scientific research associations, universities, colleges, or Indian scientific research companies as per rules 5D, 5E, and 5F (if the due date for the return of income is November 30, 2024).

December 2024 Income Tax Calendar - Key Deadlines

Here are the important income tax filing and deposit deadlines for December 2024:

• 7 December 2024:
  • Deposit of Tax Deducted/Collected for November 2024. Taxes deducted by government offices must be paid to the Central Government on the same day if no income-tax challan is produced.
• 15 December 2024:
  • Form 24G Submission by government offices where TDS/TCS for November 2024 has been paid without a challan.
  • Third instalment of advance tax for Assessment Year 2025-26.
  • TDS Certificates for tax deducted under Sections 194-IA, 194-IB, 194M, and 194S for October 2024.
  • Form 3BB Submission by stock exchanges for modified client codes in November 2024.
• 30 December 2024:
  • Challan-cum-Statements for tax deducted under Sections 194-IB, 194M, 194-IA, and 194S for November 2024.
  • Form No. 3CEAD Report by a constituent entity in India, reporting on the international group, if the parent entity is not required to file a report under Section 286(2) or is a resident of a country with no agreement with India for exchange of the report.
• 31 December 2024:
  • Filing of Belated/Revised Return of income for Assessment Year 2024-25 (for all assessees) if assessment has not been completed before December 31, 2024.
  Note: The Central Board of Direct Taxes (CBDT) has extended the deadline for filing a belated/revised return of income for resident individuals for Assessment Year 2024-25 from 31 December 2024 to 15 January 2025 as per Circular No. 21/2024, dated 31-12-2024.

Now that you know the deadlines, it’s time to complete your tax obligations on time. Don't wait until the last date! Talk to IndiaFilings' tax experts and ensure your compliance before the due date. Reach out today!