Due Dates for the month of January-2020
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7th January 2020
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Due date for deposit of (TDS and TCS) Tax deducted/collected for the month of December-2019. However,all the sum (TDS or TCS) deducted/collected by an office of the government shall be paid to the credit of the Central Government on the same day where tax is paid without production of an Income-tax Challan |
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7th January 2020
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Due date for deposit of TDS (Tax deducted) for the period Oct to December- 2019 when Income tax Assessing Officer has permitted quarterly deposit of TDS under section 192, section 194A, 194D or 194H of Income tax
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14th January 2020 |
Due date for issue of TDS Certificate for tax deducted under section 194-IA of income tax in the month of Nov-2019
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14th January 2020 |
Due date for issue of TDS Certificate for tax deducted under section 194-IB of income tax in the month of Nov-2019
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14th January 2020 |
Due date for issue of TDS Certificate for tax deducted under section 194M of income tax in the month of Nov-2019
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15th January 2020 |
The due date for furnishing of the certificate the tax deducted during the month of Sep-2019 and Oct-2019 has been extended to January 15, 2020 vide Circular no. 31/2019 [F. no. 370142/18/2019-TPL], dated 19-12-2019 |
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15th January 2020 |
Due date for furnishing of Form 24G by an office of the Government where TDS/TCS for the month of Dec-2019 has been paid without the production of a challan
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15th January 2020 |
Quarterly statement of TCS deposited for the quarter ending Dec 31, 2019
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15th January 2020 –
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Quarterly statement in respect of foreign remittances in Form No. 15CC (to be furnished by authorized dealers) for quarter ending December-2019
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15th January 2020 |
Due date for furnishing of Form 15G/15H declarations received during the quarter ending Dec-2019
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30th January 2020 |
Quarterly TCS certificate in respect of tax collected for the quarter ending December 31, 2019
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30th January 2020 |
Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA of income tax in the month of Dec-2019
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30th January 2020 |
Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IB of income tax in the month of Dec-2019
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30th January 2020 |
Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194M of income tax in the month of Dec-2019
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31th January 2020 |
Quarterly statement of TDS deposited for the quarter ending Dec-31, 2019
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31th January-2020 |
Quarterly return of non-deduction at source by a banking company from interest on time deposit in respect of the quarter ending 31th Dec- 2019
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31th January 2020 |
Intimation under section 286(1) of income tax act in Form No-3CEAC, by a resident constituent entity of an international group whose parent is non-resident
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PAN with Aadhaar linking
The (CBDT) Central Board of Direct Taxes has extended the due date for linking of PAN (permanent account number) PAN with Aadhaar from 31st Dec-2019 to 31st March- 2020. This is the third time the due date has been extended.
Advance tax payment Due date
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15th March 2020 |
i. The 4TH (fourth) instalment of (Income tax) Advance Tax due for the FY 2019-20 ii. The due date for the whole amount of Advance Tax for FY 2019-20 for taxpayers covered under the presumptive scheme of Section 44AD and 44ADA of Income tax
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Is it necessary to file ITR (Income tax return) when I do not have any positive income (profit)?
If you have sustained a loss of the assesses in the F.Y, which you propose to carry forward to the subsequent year for adjustment against subsequent year positive income, you must make a claim of loss by filing your Income tax return before the due date.
Is it necessary to attach any documents along with the (ITR) Income tax return?
ITR forms are attachment less forms and, hence, the Income tax payer is not required to attach any document (like- proof of 80c, Investment, TDS certificates, etc.) along with the return of income (whether filed manually or filed electronically). However, these documents should be retained by the Income tax payer and should be produced before the Income tax authorities when demanded in situations like assessment, inquiry, scrutiny etc.
As per above, no documents are to be attached along with the Income tax return, however, in case of a Income taxpayer who is required to furnish a of audit report under section 10(23C)(iv), 10(23C)(v), 10(23C)(vi), 10(23C)via), 10A, 10AA, 12A(1)(b), 44AB, 44DA, 50B, 80-IA, 80-IB, 80-IC, 80-ID, 80JJAA, 80LA, 92E, 115JB or 115VW or to give a notice under section 11(2)(a) of income tax act shall furnish it electronically on or before the date of filing the income tax return.
Will I be penalized on late filing of (ITR) income tax return even if I am not liable to file it?
No, late filing fee under section 234F of income tax act not leviable in case you are not required to file ITR as per section 139 of income tax act but filing it voluntary though after the due date.
If I fail to furnish my ITR (Income tax return) within the due date, will I be fined or penalized (penalty for late filing of income tax return for individual)?
Yes, if a person who is required to furnish a return of income under section 139 of income tax act and fails to do so within time prescribed in sub-section (1) , you will have to pay interest on Income tax due. W.e.f. A.Y 2018-19, fee as per section 234F is required to be paid if return is furnished after due date. Late Fees for default in furnishing income tax return will be as follows:
- if return is furnished on or before the 31st day of December of the A.y Late fees 5000 (five thousand) rupees
- in any other case 10,000 (ten thousand rupees) rupees
However, late filing fee shall not exceed 1000 rupees if the total income of an assessee does not exceed 5 lakh. rupees
Up to 30 September-2019
CBDT extends the due date for filing of ITRs/ Tax Audi (J & K)
CBDT extends the due date for filing of ITRs/ Tax Audit Reports to 30th Nov, 2019 for all categories of assessees in UTs of J&K and Ladakh, who were required to file ITRs/TARs within the due dt specified u/s 139(1) of IT Act,1961. Order u/s 119 issued on 31.10.2019.
Link Pan with Aadhar
Extension of due date for linking of PAN with Aadhaar from 30.09.2019 to 31.12.2019
Due date of filing of Income tax Return and other General F & Q Related to ITR Filling
| Sr. No. | Status of the taxpayer | Due date |
| 1 |
Any company other than a company who is required to furnish a report in Form No. 3CEB under section 92E of income tax act (i.e. other than covered in 2 below)
Categories of assessees in UTs of J&K and Ladakh, who were required to file ITRs/TARs within the due dt specified u/s 139(1) of IT Act,1961. Order u/s 119 issued on 31.10.2019. |
Extension of due date f from 30.09.2019 to 31.10.2019
30th Nov, 2019 |
| 2 | Any person (may be corporate/non-corporate assesses) who is required to furnish a report in Form No. 3CEB under section 92E of income tax act | 30th November of the assessment year |
| 3 | Any person (other than a company) whose accounts are to be audited under the Income-tax Law or under any other law | 30 September of the assessment year |
| 4 | A working partner of a firm whose accounts are required to be audited under income tax Act or under any other law. | 30 September of the assessment year |
| 5 | Any other assesses | July 31st of the assessment year (a.y) (See Note-1 ) |
Note-1 : The due date for e-filing of Income tax return had been extended to 31st August, 2019 for the Assessment Year 2019-20 vide Order No. F. No. 225/157/2019-ITA.II], dated 23.07.2019
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