Income Tax Calendar 2021: Important Dates and Deadlines all you Need to know
The Income Tax (IT) department has issued a new e-calendar for the year 2021 having a list of all the important tax-related deadlines. Designed as the 'Honoring the honest' calendar, the income tax department in an email send to the tax payers wrote, "Welcome to a new era where tax system is becoming seamless, faceless and paperless. Every taxpayer is a nation builder. "Here is a calendar to make your tax journey simpler and easier."
The calendar has all the important dates a taxpayer should be aware about. Here are all the important dates you should know from income tax perspective in 2021:
January 2021 :
- January 7: Due date for deposit of Tax deducted/collected for the month of December 2020
- January 10: Extended due date for Filing ITR for AY 2020-21 for Taxpayers not requiring Audit
- January 15: Date for furnishing various audit reports under the Income-tax Act
- January 15: Quarterly statement of TCS deposited for the quarter ending December 31, 2020
- January 30: Quarterly TCS certificate in respect of tax collected for the quarter ending December 31, 2020
- January 31: Last Date for making Declaration under Vivad Se Vishwas Scheme
- January 31: Quarterly statement of TDS deposited for the quarter ending December 31, 2020
February 2021 :
- February 7: Due date for deposit of Tax deduction/collected for the month of January 2021
- February 15: Last date for filing of returns for assessment year 2020-21 in the case of assessees who have to get their account audited.
- February 15: Quarterly TDS certificate (other than salary) for the quarter ending December 31, 2020
March 2021 :
- March 7: Due date for deposit of Tax deducted/collected for the month of February 2021
- March 15: Due date for payment of 4th installment of advance tax for the assessment year 2021-22
- March 31: Due date for filing of belated/revised return of income for the assessment year 2020-21 for all assessees (provided assessment has not been completed before March 31, 2021)
- March 31: Quarterly statements of TDS/TCS Deposited for Q1 & Q2 of FY 2020-21
- March 31: Last date for payment under Vivad Se Vishwas Scheme without additional levy
- March 31: Last date for Linking Aadhaar with PAN
April 2021 :
- April 7: Due date for deposit of Tax deducted/collected for the month of March 2021 by a government deductor
- April 30: Due date for deposit of Tax deducted by an assessee other than an office of the government for the month of March, 2021
May 2021 :
- May 7: Due date for deposit of Tax deducted/collected for the month of April 2021.
- May 15: Quarterly statement of TCS deposited for the quarter ending March 31, 2021
- May 31: Filing quarterly statement of TDS deposited for the quarter ending March 31, 2021
- May 31: Due date for furnishing of statement of financial transaction u/s 285BA in respect of FY 2020-21
June 2021:
- June 7: Due date for deposit of Tax deducted/collected for the month of May, 2021.
- June 15: Due date for payment of 1st installment of advance tax for the assessment year 2022-23
- June 15: TDS Certificate-Form 16 to employees (in respect of salary paid) for AY 2021-22
- June 15: Quarterly TDS certificate (other than salary) for the quarter ending March 31, 2021
July 2021 :
- July 7: Due date for deposit of Tax deducted/collected for the month of June, 2021.
- July 30: Quarterly TCS certificate for the quarter ending June 30, 2021
- July 31: Quarterly statement of TDS deposited for the quarter ending June 30, 2021
- July 31: ITR for AY 2021-22 for all assessees other than (a) corporate assessee or (b) non-corporate assessee who is liable to get his accounts audited or (c) assessee who has entered into an international or specified domestic transaction
August 2021 :
- August 7: Due date for deposit of Tax deducted/collected for the month of July, 2021.
- August 15: Quarterly TDS certificate (other than salary) for the quarter ending June 30, 2021
September 2021 :
- September 7: Due date for deposit of Tax deducted/collected for the month of August, 2021.
- September 15: Second installment of advance tax for AY 2022-23
- September 30: Audit Report for AY 2021-22 in case of assessee who has not entered into an international or specified domestic transaction
October 2021 :
- October 7: Due date for deposit of Tax deducted/collected for the month of September, 2021.
- October 15: Quarterly statement of TCS deposited for the quarter ending September 30, 2021
- October 31: Quarterly statement of TDS deposited for the quarter ending September 30, 2021
- October 31: ITR for AY 2021-22 for assessees (not having an international or specified domestic transaction) who is (a) corporate assessee or (b) non-corporate assessee whose books are required to be audited
- October 31: Audit report for AY 2021-22 in respect of assessee having an International or specified domestic transaction
November 2021 :
- November 7: Due date for deposit of Tax deducted/collected for the month of October, 2021.
- November 15: Quarterly TDS certificate (other than salary) for the quarter ending September 30, 2021
- November 30: ITR for AY 2021-22 in respect of assessee having an international or specified domestic transaction
December 2021 :
December 7: Due date for deposit of Tax deducted/collected for the month of October, 2021.
December 15: Third instalment of advance tax for AY 2022-23
Also Read : 4 ways to Reset your Income Tax e-filing Password
Also Read : List of Important Documents You need to finalize your Income Tax Return Filling