Income Tax Calendar Last Updated : 10 Jul 2020

Paying taxes on time is important not only to get the necessary benefits and deductions but also to keep in compliance with the tax laws and avoid the heavy penalties for delayed payments. The tax calendar helps to keep important dates in mind.

As a taxpayer, it is essential to pay and file taxes on time. When you make timely payments and file your taxes on time, you will avoid penalty levied by the Income Tax Department. There are various types of taxes based on the income categories and each of them has different due dates. There are certain types of taxes that are paid regularly, periodically, and occasionally. The following table contains the tax calendar for the Financial Year 2020-21:

Income Tax Department’s Tax Calendar for Financial Year 2020-21

Months Dates
January 2020 7 January
  • Due date for depositing the collected or deducted tax for December 2019*.
  • Due date for deposit of Tax Deducted at Source (TDS) for October 2019 to December 2019, when IT Assessing Officer has permitted quarterly deposit of TDS - under section 192, 194A, 194D, or 194H.
14 January
  • The due date for issue of TDS Certificate for tax deducted for November 2019 under section 194-IA.
  • The due date for issue of TDS Certificate for tax deducted in November 2019 under Section 194-IB.
15 January
  • The due date for issue of TDS Certificate for tax deducted in September and October 2019 under Section 194M.
  • The due date for filling up Form 24G by a Government office where the TDS or TCS for December 2010 has been paid without a challan being generated.
  • The quarterly statement of tax collected at source (TCS) deposited for the quarter ending 31 December 2019.
  • The quarterly statement pertaining to the foreign remittances to be furnished by the authorised dealers in Form 15CC for the quarter ending December 2019.
  • The due date for filling up Form 15G or Form 15H declarations received during quarter ending December 2019.
30 January
  • The quarterly TCS certificate for tax collected for the quarter ending 31 December 2019.
  • The due date for filling up the challan-cum-statement for tax deducted in December 2019 under Section 194-IA.
  • The due date for filling up the challan-cum-statement for tax deducted in December 2019 under Section 194-IB.
  • The due date for filling up the challan-cum-statement for tax deducted in December 2019 under Section 194M.
31 January
  • The quarterly statement of TDS deposited for the quarter ending 31 December 2019.
  • The quarterly return of non-deduction at source by a banking company from interest on time deposit with regard to the quarter ending 31 December 2019.
  • Intimation under Section 286(1) in Form 3CEAC by a resident constituent entity of an international group with a non-resident parent company.
February 2020 7 February
  • Due date for deposit of Tax collected or deducted for January 2020*.
14 February
  • The due date for issue of TDS Certificate for tax deducted under Section 194-IA for December 2019.
  • The due date for issue of TDS Certificate for tax deducted under Section 194-IB for December 2019.
  • The due date for issue of TDS Certificate for tax deducted under Section 194M for December 2019.
15 February
  • The due date for filling up the Form 24G by a Government office where the TDS or TCS for January 2020 has been paid without a challan being generated.
  • The quarterly TDS certificate (in regard to the tax deducted for any payments other than salary) for the quarter ending 31 December 2019.
March 2020 2 March
  • Due date to submit the challan-cum-statement for tax deductions made under Section 194-IA of the Income Tax Act in January 2020.
  • Due date to submit the challan-cum-statement for tax deductions made under Section 194-IB of the Income Tax Act in January 2020.
  • Due date to submit the challan-cum-statement for tax deductions made under Section 194M of the Income Tax Act in January 2020.
7 March
  • The due date for deposit of Tax collected or deducted for February 2020*.
15 March
  • The due date for filling up Form 24G by a Government office where the TDS or TCS for February 2020 has been paid without a challan being generated.
  • Fourth instalment of advance tax for the assessment year 2020-21.
  • Due date for making the payment of the whole amount towards advance tax in regard for 2020-21 under presumptive scheme of Section 44AD or Section 44ADA.
17 March
  • The due date for issue of the TDS Certificate for tax deducted under section 194-IA in January 2020.
  • The due date for issue of the TDS Certificate for tax deducted under section 194-IB in January 2020.
  • The due date for issue of the TDS Certificate for tax deducted under section 194M in January 2020.
30 March
  • Due date to submit the challan-cum-statement for tax deductions made under Section 194-IA of the Income Tax Act in February 2020.
  • Due date to submit the challan-cum-statement for tax deductions made under Section 194-IB of the Income Tax Act in February 2020.
  • Due date to submit the challan-cum-statement for tax deductions made under Section 194M of the Income Tax Act in February 2020.
31 March
  • Due date for the linking of Permanent Account Number (PAN) and Aadhaar number.
  • Country-by-country Report in Form No. 3CEAD for the accounting year 2017-18 by a parent entity, or any other reporting entity, resident in India, in regard to the international group of which it is a constituent of similar groups.
  • Country-by-country Report in Form No. 3CEAD for a reporting accounting year by constituent entity, resident in India, in regard to the international group of which it is a constituent. However, the parent entity should not be obliged to file a report under Section 286(2). The parent entity should also be the resident of a country with which India has an agreement for exchange of the report, and so on.
April 2020 7 April
  • The due date for depositing deducted tax for March 2020 by a Government office*.
14 April
  • The due date for issue of TDS Certificate with regard to the tax deducted in February 2020 under section 194-IA.
  • The due date for issue of TDS Certificate with regard to the tax deducted in February 2020 under section 194-IB.
  • The due date for issue of TDS Certificate with regard to the tax deducted in February 2020 under section 194M.
15 April
  • Quarterly statement to be filled up by authorised dealers in regard to foreign remittances in Form 15CC for the quarter ending March 2019.
  • The due date for filling up the statement as per Form 3BB to be done by a stock exchange in regard to the transactions for which the client codes are modified after the registration in the system for March 2019.
30 April
  • The due date for filling up the Form 24G by a Government office where the TDS or TCS has been paid without a challan being generated for March 2020.
  • The due date for filling up the challan-cum-statement with regard to tax deducted in March 2020 under Section 194-IA.
  • The due date for filling up the challan-cum-statement with regard to tax deducted in March 2020 under Section 194-IB.
  • The due date for filling up the challan-cum-statement with regard to tax deducted in March 2020 under Section 194M.
  • The due date for depositing the tax which is deducted by an assessee that is not a Government office for March 2020.
  • The due date for e-filing of a statement in Form 61 which contains the particulars of Form 60 that was received for the period of 1 October 2019 to 31 March 2020.
  • The due date for uploading statements received from recipients in Form 15G or Form 15H for the quarter ending March 2020.
  • The due date for deposit of Tax Deducted at Source (TDS) for the period of January 2020 to March 2020, when IT Assessing Officer has allowed the quarterly deposit of TDS under Section 192, 194A, 194D, or 194H.
May 2020 7 May
  • The due date for depositing the tax collected or deducted for April 2020*.
15 May
  • The due date for filling up the TDS certificate for tax deducted in March 2020 under Section 194-IA.
  • The due date for filling up the TDS certificate for tax deducted in March 2020 under Section 194-IB.
  • The due date for filling up the TDS certificate for tax deducted in March 2020 under Section 194M.
  • The due date for filling up the Form 24G by a Government office where the TDS or TCS has been paid without a challan being generated for April 2020.
  • The quarterly statement of tax collected at source (TCS) deposited for the quarter ending 31 March 2020
  • The due date for filling up the statement as per Form 3BB to be done by a stock exchange in regard to the transactions for which the client codes are modified after the registration in the system for April 2020.
30 May
  • Statement submission in Form 49C for the financial year 2019-20 by a non-resident having a liaison office in India.
  • The due date for filling up the challan-cum-statement in regard to the tax deducted in April 2020 under Section 194-IA.
  • The due date for filling up the challan-cum-statement in regard to the tax deducted in April 2020 under Section 194-IB.
  • The due date for filling up the challan-cum-statement in regard to the tax deducted in April 2020 under Section 194M.
31 May
  • Quarterly statement generation of TDS deposited for the quarter ending 31 March 2020.
  • Return of tax deduction from contributions paid by the trustees of an approved superannuation fund.
  • Due date for furnishing the statement of financial transaction in Form 61A as per the requirement mentioned under sub-section (1) of Section 285BA of the Act in regard to the financial year 2019-20.
  • Due date for e-filing of annual statement of reportable accounts to be filed by reporting financial institutions in Form 61B as per the requirement stated under Section 285BA(1)(k) for calendar year 2019.
  • Application for allotting Permanent Account Number (PAN) for a non-individual resident person (without any PAN) which has entered into a transaction of Rs.2.5 lakh or more during the financial year 2019-20.
  • Application for allotting Permanent Account Number (PAN) for a person (without any PAN) who is a director, managing director, author, trustee, partner, karta, founder, principal officer, chief executive officer, and/or office bearer as per Rule 114(3)(v) or is a person who is eligible to be acting on behalf of the person as per Rule 114(3)(v).
June 2020 7 June
  • The due date for depositing the tax collected or deducted for May 2020*.
14 June
  • The due date for issue of the TDS Certificate in regard to the tax deducted in April 2020 under Section 194-IA.
  • The due date for issue of the TDS Certificate in regard to the tax deducted in April 2019 under Section 194-IB.
  • The due date for issue of the TDS Certificate in regard to the tax deducted in April 2020 under Section 194M.
15 June
  • The due date for filling up the Form 24G by a Government office where the TDS or TCS has been paid without a challan being generated for May 2020.
  • The quarterly TDS certificates for the quarter ending 31 March 2020 with regard to tax deducted for payments except for salary.
  • The first instalment of advance tax for the assessment year 2021-22.
  • Certificate of tax deducted at source (TDS) to employees in regard to the salary paid and tax deducted during the financial year 2019-20.
  • The due date for filling up the statement as per Form 3BB to be done by a stock exchange in regard to the transactions for which the client codes are modified after the registration in the system for May 2020.
29 June
  • The due date for e-filing of a statement by an eligible investment fund in Form No. 3CEK under Section 9A with regard to its activities in financial year 2019-20.
30 June
  • The due date for producing of challan-cum-statement with regard to tax deducted in May 2020 under Section 194-IA.
  • The due date for producing of challan-cum-statement with regard to tax deducted in May 2020 under Section 194-IB.
  • The due date for producing of challan-cum-statement with regard to tax deducted in May 2020 under Section 194M.
  • The return with regard to securities transaction tax for the financial year 2019-20.
  • The quarterly return of non-deduction of tax at source by a banking company from interest on time deposit with regard to the quarter ending 31 March 2020.
  • Statement required to be given in Form 64C by Alternative Investment Fund (AIF) to unitholders with regard to income which has been distributed during the previous year 2019-20.
  • The report to be generated by a public sector company or an approved institution under Section 35AC (4) and/or (5) for the year ending 31 March 2020.
  • The due date for the generation of statement of income which is distributed by any business trust to its unitholders during the financial year 2019-20. The statement will be required to be generated for the unitholders in Form 64B.
July 2020 7 July
  • The due date for depositing the tax collected or deducted for June 2020.
  • The due date for depositing the TDS for the period of April 2020 to June 2020 when the IT Assessing Officer has allowed the quarterly deposit of TDS under section 192, 194A, 194D, or 194H.
15 July
  • The due date for completing the Form 24G by a Government office where the TDS for June 2020 has been paid without the furnishing of a challan.
  • The due date for issuing the TDS Certificate in regard to the tax deducted under section 194-IA in May 2020.
  • The due date for issuing the TDS Certificate in regard to the tax deducted under section 194-IB in May 2020.
  • The due date for issuing the TDS Certificate in regard to the tax deducted under section 194M in May 2020.
  • The quarterly statement with regard to foreign remittances, which is required to be filed by authorised dealers in Form 15CC for the quarter ending June 2020.
  • The quarterly statement of TCS deposited for the quarter ending 30 June 2020.
  • Upload the declarations which have been received from recipients in Form 15G or Form 15H during the quarter that ends in June 2020.
  • The due date for filling up the statement as per Form 3BB to be done by a stock exchange in regard to the transactions for which the client codes are modified after the registration in the system for June 2020.
30 July
  • The quarterly TCS certificate with regard to tax which is collected by a person for the quarter that ends on 30 June 2020.
  • The due date for producing of challan-cum-statement with regard to tax deducted under Section 194-IA in June 2020.
  • The due date for the issuance of TDS certificate with regard to tax deducted under Section 194-IB in June 2020.
  • The due date for the issuance of TDS certificate with regard to tax deducted under Section 194M in June 2020.
31 July
  • The quarterly statement of TDS which is deposited for the quarter which ends on 30 June 2020.
  • The annual return of income for the assessment year 2020-21 for all assessees other than (i) non-corporate assessee (whose books of account are to be audited) (ii) corporate-assessee or (iii) an assessee who is needed to file a report under Section 92E or (iv) the working partner of a firm whose accounts are needed to be audited.
  • The quarterly return of non-deduction of tax at source by a banking company from interest on time deposit with regard to the quarter ending 30 June 2020.
  • The statement by a university, a scientific research association, a college, or other association or Indian scientific research company as per the requirement put forward under rules 5D, 5E, and 5F (if due date of submission of return of income is 31 July 2020).
  • The application in Form 9A for exercising the option available under Explanation to Section 11(1) to apply the income of the previous year in the next year or in the future (if the assessee is required to submit the return of income on or before 31 July 2020).
  • The statement in Form 10 to be filed in order to collect income for applications in the future under Section 10(21) or Section 11(2) (in case the assessee is needed to submit the return of income on or before 31 July 2020).
  • Due date for claiming foreign tax credit, uploading statement of foreign income offered for tax for the previous year 2018-19, and of foreign tax deducted or paid on such income in Form no. 67. (If the assessee needs to submit return of income on or before 31 July 2020).
August 2020 7 August
  • The due date for depositing the tax collected or deducted for July 2020.
  • The due date for issue of TDS Certificate with regard to the tax deducted in June 2020 under section 194-IA.
  • The due date for issue of TDS Certificate with regard to the tax deducted in June 2020 under section 194-IB.
  • The due date for issue of TDS Certificate with regard to the tax deducted in June 2020 under section 194M.
15 August
  • The due date for filing of Form 24G by a Government office where the TDS or TCS for July 2020 has been paid without a challan being generated.
  • The due date for filling up the statement as per Form 3BB to be done by a stock exchange in regard to the transactions for which the client codes are modified after the registration in the system for July 2020.
  • The quarterly TDS certificate (with regard to tax deducted for payments other than salary) for the quarter ending 30 June 2020.
30 August
  • The due date for producing the challan-cum-statement with regard to tax deducted under Section 194-IA in July 2020.
  • The due date for producing the challan-cum-statement with regard to tax deducted under Section 194-IB in July 2020.
  • The due date for producing the challan-cum-statement with regard to tax deducted under Section 194M in July 2020.
September 2020 7 September
  • The due date for depositing the tax collected or deducted for August 2020.
14 September
  • The due date for issuing the TDS Certificate in regard to the tax deducted under section 194-IA in July 2020.
  • The due date for issuing the TDS Certificate in regard to the tax deducted under section 194-IB in July 2020.
  • The due date for producing the challan-cum-statement with regard to tax deducted under Section 194M in July 2020.
15 September
  • The due date for filling up the Form 24G by a Government office where TDS for August 2020 has been paid without a challan being generated.
  • The second instalment of advance tax for the assessment year 2021-22.
  • The due date for filling up the statement as per Form 3BB to be done by a stock exchange in regard to the transactions for which the client codes are modified after the registration in the system for August 2020.
30 September
  • The audit report for the assessment year 2020-21 under Section 44AB for a corporate-assessee or non-corporate assessee (whoever is required to submit their return of income on 31 October 2020).
  • The due date for filling up the challan-cum-statement with regard to tax deducted under Section 194-IA in August 2020.
  • The due date for filling up the challan-cum-statement with regard to tax deducted under Section 194-IB in August 2020.
  • The due date for filling up the challan-cum-statement with regard to tax deducted under Section 194M in August 2020.
  • The statement by a university, a scientific research association, a college, or other association or Indian scientific research company as per the requirement put forward under rules 5D, 5E, and 5F (if the due date of submission of return of income is 30 September 2020).
  • The application in Form 9A for exercising the option available under Explanation to Section 11(1) to apply income of previous year in the next year or in the future (if the assessee is required to submit the return of income on 30 September 2020).
  • The statement to be filed in Form 10 in order to collect income for future application under Section 10(21) or Section 11(2) (in case the assessee is needed to submit the return of income on or before 30 September 2020).
  • The submission of copy of audit of accounts to the Secretary of the Department of Scientific and Industrial Research if the company is eligible for weighted deduction as per the provisions of Section 35(2AB) [in case the company does not have any international transactions or a certain specified domestic transaction].
  • Due date for making claims of foreign tax credit, uploading statement of foreign income which has been offered for tax for the previous year 2019-20, and of foreign tax that has been deducted or paid on such income in Form 67 (provided the submission of return of income is 30 September 2020).
October 2020 7 October
  • The due date for deposit of tax collected or deducted for September 2020.
  • The due date for deposit of Tax Deducted at Source (TDS) for the period of July 2020 to September 2020, when IT Assessing Officer has allowed the quarterly deposit of TDS under Section 192, 194A, 194D, or 194H.
15 October
  • The due date for filling up of Form 24G by a Government office where TDS for September 2020 has been paid without a challan being generated.
  • The due date for issue of TDS Certificate in regard to the tax deducted under section 194-IA in August 2020.
  • The due date for issue of TDS Certificate in regard to the tax deducted under section 194-IB in August 2020.
  • The due date for issue of TDS Certificate in regard to the tax deducted under section 194M in August 2020.
  • The quarterly statement with regard to foreign remittances (required to be filed by authorised dealers) in Form 15CC for quarter ending September 2020.
  • The quarterly statement of TCS which is deposited for the quarter ending 30 September 2020.
  • Upload declarations which have been received from recipients in Form 15G or Form 15H during the quarter ending September 2020.
  • The due date for filling up the statement as per Form 3BB to be done by a stock exchange in regard to the transactions for which the client codes are modified after the registration in the system for September 2020.
30 October
  • The due date for filling up the challan-cum-statement with regard to tax deducted under Section 194-IA in September 2020.
  • The due date for filling up the challan-cum-statement with regard to tax deducted under Section 194-IB in September 2020.
  • The due date for filling up the challan-cum-statement with regard to tax deducted under Section 194M in September 2020.
  • The quarterly TCS certificate with regard to tax collected by any person for the quarter ending 30 September 2020.
31 October
  • Intimation in Form 3CEAB for the accounting year 2019-20 by a constituent entity who is designated, a resident in India, and of an international group.
  • The quarterly statement of TDS deposited for the quarter ending 30 September 2020.
  • The due date for providing of Annual audited accounts for each approved program under section 35(2AA).
  • The quarterly return of non-deduction of tax at source by a banking company from interest on time deposit with regard to the quarter ending 30 September 2020.
  • Copies of declaration which are received in Form 60 from 1 April 2020 to 30 September 2020 to the concerned Director or Joint Director.
November 2020 7 November
  • The due date for depositing the tax deducted or collected for October 2020.
14 November
  • The due date for issuing a TDS Certificate for tax deducted under Section 194-IA in September 2020.
  • The due date for issuing a TDS Certificate for tax deducted under Section 194-IB in September 2020.
  • The due date for filling up the challan-cum-statement with regard to tax deducted under Section 194M in September 2020.
15 November
  • The due date for filling up of Form 24G by a Government office where the TDS for October 2020 has been paid without a challan being generated.
  • The quarterly TDS certificate with regard to tax deducted for payments except for salary for the quarter ending 30 September 2020.
  • The due date for filling up the statement as per Form 3BB to be done by a stock exchange in regard to the transactions for which the client codes are modified after the registration in the system for October 2020.
30 November
  • The due date for filling up the challan-cum-statement with regard to tax deducted under Section 194-IA in October 2020.
  • The due date for filling up the challan-cum-statement with regard to tax deducted under Section 194-IB in October 2020.
  • The due date for filling up the challan-cum-statement with regard to tax deducted under Section 194M in October 2020.
  • The annual return of income in the case of an assessee who is required to submit a report under Section 92E in regard to the international or the specified domestic transaction(s), for the assessment year 2020-21.
  • The audit report under Section 44AB for the assessment year 2020-21 in the case of an assessee who is required to submit a report in regard to the international or the specified domestic transaction(s) under Section 92E as well.
  • The report which is required to be filed in Form 3CEB with regard to the international transaction and the specified domestic transaction(s).
  • Report in Form 3CEAA for the accounting year 2019-20 by a constituent entity of an international group.
  • Country-by-country Report in Form No. 3CEAD for the accounting year 2018-19 by any reporting entity, a parent entity, or any other constituent entity, resident in India.
  • The statement of income distribution by venture capital fund or Venture Capital Company in Form 64 with regard to income distributed during 2019-20.
  • The statement to be filed in Form 64D by Alternative Investment Fund (AIF) to Principal CIT or CIT with regard to income distributed (during previous year 2019-20) to unitholders.
  • The due date to exercise option of safe harbour rules for international transaction by filling up the Form 3CEFA.
  • The due date to exercise option of safe harbour rules for specified domestic transaction by furnishing Form 3CEFB.
  • The due date for filing of statement of income distributed by business trust to unitholders during the financial year 2019-20. This statement is required to be filed electronically to Principal CIT or CIT in Form 64A.
  • The due date for e-filing of report (in Form 3CEJ) by an eligible investment fund with regard to arm's length price of the remuneration paid to the fund manager.
  • The application in Form 9A for exercising the option available under Explanation to Section 11(1) to apply income of previous year in the next year or in the future (if the assessee is required to submit the return of the income on 30 November 2020).
  • The statement in Form 10 to be furnished for the accumulation of income for future application under Section 10(21) or Section 11(2) (if the assessee is required to submit the return of income on 30 November 2020).
  • The submission of copy of audit of accounts to the Secretary of the Department of Scientific and Industrial Research in case a company is eligible for weighted deduction under section 35(2AB) [if company has any international transactions or specified domestic transactions].
  • The statement by scientific research association, university, college or other association or Indian scientific research company as required by rules 5D, 5E and 5F (if due date of submission of return of income is 30 November 2020)
  • Due date for claiming foreign tax credit, uploading statement of foreign income offered for tax for the previous year 2019-20, and of foreign tax deducted or paid on such income in Form no. 67. (If the assessee is required to submit return of income on or before 30 November 2019).
December 2020 7 December
  • The due date for deposit of Tax collected or deducted for November 2020.
15 December
  • The due date for furnishing of Form 24G by a Government office where the TDS for November 2020 has been paid without a challan being generated.
  • The third instalment of advance tax for the assessment year 2021-22.
  • The due date for issue of TDS Certificate for tax deducted under section 194-IA in October 2020.
  • The due date for issue of TDS Certificate for tax deducted under section 194-IB in October 2020.
  • The due date for issue of TDS Certificate for tax deducted under section 194M in October 2020.
  • The due date for filling up the statement as per Form 3BB to be done by a stock exchange in regard to the transactions for which the client codes are modified after the registration in the system for November 2020.
30 December 2018
  • The due date for filling up the challan-cum-statement with regard to tax deducted under Section 194-IA in November 2020.
  • The due date for filling up the challan-cum-statement with regard to tax deducted under Section 194-IB in November 2020.
  • The due date for filling up the challan-cum-statement with regard to tax deducted under Section 194M in November 2020.
  • The provision of a report for the reporting accounting year (considering the reporting accounting year to be 1 January 2019 to 31 December 2019) in Form 3CEAD which is to be done by a constituent entity who is resident in India, in regard to the international group which is the parent entity for the constituent, provided the parent entity is not required to file a report under Section 286(2). This report will be applicable even if the parent entity is the resident of a country with which India does not have an agreement in regard to exchange of report and so on.

* The tax amount collected or deducted by a Government office shall be paid to the Central Government on the day on which the transaction is made in case the tax is paid without producing an Income Tax Challan.

Note: The CBDT, through the Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance, 2020, dated 31 March 2020, has extended all respective due dates, falling during the period from 20 March 2020 to 29 June 2020 till 30 June 2020.

The benefit of extended due date is not available with respect to payment of tax.

However, any delay in payment of tax which is due for payment from 20 March 2020 to 29 June 2020 will attract interest at the rate of 0.75% for every month or part thereof if the tax is paid after the due date but on or before 30 June 2020.

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