Income Tax Calendar 2025: Check important due dates for January.

Income Tax Calendar 2025: Taxpayers are advised to adhere to these deadlines to avoid penalty or interest charges.

Income Tax Calendar 2025: As we move into the new financial year, taxpayers and organizations need to keep an eye on important deadlines in the income tax calendar for January 2025.

Taxpayers are advised to adhere to these deadlines to avoid penalty or interest charges. Maintaining a robust compliance calendar and leveraging automated tools can help ensure timely filing and payment. For detailed guidance or assistance, consult a tax professional.

Below are the important due dates for January 2025.

07 January 2025i

• Due date for collection of withholding tax [except under section 194-IA, section 194-IB, section 194M, or section 194S (by specified person)] or collected for the month of December, 2024. However, all amounts deducted/collected by the office of Govt
• Last date of collection of TDS for the period October 2024 to December 2024 when the Assessing Officer has allowed quarterly collection of TDS under section 192, 194A, 194D or 194H.

January 14, 2025

• Last date for issue of TDS certificate for tax deducted under Section 194-IA in the month of November, 2024
• Last date for issue of TDS certificate for tax deducted under section 194-IB in the month of November 2024
• Last date for issue of TDS certificate for tax deducted under section 194M in November 2024
• Last date for issue of TDS certificate for tax deducted under section 194S (by specified person) in the month of November 2024

January 15, 2025

• Last date for submission of Form 24G by Govt office where TDS/TCS for the month of December 2024 has been paid without submission of challan.
• TCS Quarterly Statement for the quarter ending 31 December 2024
• Quarterly statement in respect of foreign remittances in Form No. 15CC for the quarter ending December 2024 (to be furnished by authorized dealers)
• Last date for submission of Form 15G/15H declarations received during the quarter ending December, 2024
• Furnishing statement in Form No. 49BA under rule 114AAB (by specified fund) for the quarter ending 31st December 2024

30 January 2025

• Quarterly TCS Certificate in respect of quarter ending 31st December 2024
• Last date for submission of challan-cum-statement in respect of tax deducted under section 194-IA in the month of December, 2024
• Last date for submission of challan-cum-statement in respect of tax deducted under section 194-IB in the month of December 2024
• Last date for submission of challan-cum-statement in respect of tax deducted under section 194M in the month of December 2024
• Last date for submission of challan-cum-statement in respect of tax deducted under section 194S (by specified person) in the month of December 2024

31 January 2025

• Quarterly statement of TDS for the quarter ending 31st December 2024
• Quarterly return of non-deduction of tax at source from interest on time deposits by banking company in respect of the quarter ending 31 December 2024
• Notification by sovereign wealth fund in respect of investments made in India for the quarter ending December 2024.