Due date for furnishing TDS return for Q4 (Jan–Mar 2025) is 31st May 2025. Ensure timely submission of the quarterly TDS statement for the period ending 31st March 2025 to remain compliant.
#TDSReturn #IncomeTax #Form26Q #TaxCompliance #TDS #CBDT #31May2025
Form 61B under section 285BA(1)(k) for calendar year 2024 is to be e-filed by reporting financial institutions on or before 31st May 2025.
#Form61B #IncomeTax #Section285BA #FinancialReporting #ComplianceUpdate #TaxDeadline #CBDT
Form 10 under section 10(21) or 11(1) to accumulate income for future application must be furnished by 31st May 2025 if return is due by 31st July 2025.
#Form10 #IncomeTax #Compliance #CharitableTrusts #Section11 #Section10 #TaxUpdate #CBDT
Persons acting as MD, director, partner, trustee, founder, CEO, Karta, or other office bearers referred in Rule 114(3)(v) must apply for PAN if not already allotted. Due date: 31st May 2025.
PAN to be applied by non-individual resident persons entering into transactions ≥ ₹2.5 lakh during FY 2024-25, if not already allotted. Due date: 31st May 2025.
#PAN #IncomeTax #Compliance #FinanceIndia #TaxUpdate #CBDT #PANApplication
🚨 Official Now!
CBDT issues Circular No. 06/2025 — ITR due date for AY 2025-26 is extended to 15th September 2025.
📄 Under Section 119 of the Income-tax Act, 1961
🚨 BREAKING: ITR filing due date extended!
CBDT has pushed the deadline from 31st July to 15th September 2025 for AY 2025-26.
Why the delay?
Major ITR form changes
System upgrades
TDS credit mismatches
More time. More clarity. More accurate filing.
15th May 2025 is the due date for submitting Form 3BB by stock exchanges for client code modifications made post-registration in April 2025, as per Rule 6DDA of the Income Tax Rules.
#IncomeTax #Form3BB #ClientCode #StockExchange #CBDT #TaxCompliance
15th May 2025 is the due date for issuing TDS certificates for tax deducted in March 2025 under sections 194-IA, 194-IB, 194M, and 194S. Ensure timely compliance as per Rule 31(3) of the Income Tax Rules.
#TDS #IncomeTaxIndia #194IA #194IB #194M #194S #CBDT
📌 15th May 2025 is the due date for filing Form 24G for April 2025 by government offices where TDS/TCS has been deposited without challan. Applicable under rule 30(4B) of the Income Tax Rules.
#Form24G #IncomeTaxIndia #TDS #TCS #GovernmentCompliance #CBDT
🗓️ Due date to file TCS Return for Jan–Mar 2025 quarter is 15th May 2025.
Covers details of tax collected at source for the quarter ending 31st March 2025.
#TCSReturn #IncomeTaxIndia #QuarterlyCompliance #TaxUpdate #CBDT #DueDateAlert
CBDT exempts 10 types of income — consent fees, RTI charges, CPCB reimbursements, etc. — from tax under Section 10(46). Valid FY 2021–26.
See full breakdown here 👇
📢 ITR-6 for AY 2025–26 is here!
CBDT Notif. 44/2025 brings key changes:
✔️ Capital gain split post 23.07.2024
✔️ Buyback loss allowed if IFOS matched
✔️ Cruise biz (Sec 44BBC), raw diamond 4% rule
✔️ New TDS reporting rules
Full breakdown 👇
📢 ITR-3 for AY 2025–26 is out.
Capital gains now split pre/post 23.07.24
Buyback loss allowed (with dividend shown)
Deduction reporting tightened
Section 44BBC (cruise biz) added
Filing wrong = refund delay
Vivad se Vishwas Deadline Announced
CBDT notifies 30.04.2025 as the last date to file declarations for tax arrears under the Direct Tax Vivad se Vishwas Scheme, 2024.
Notification S.O. 1650(E) dated 08.04.2025:
https://egazette.gov.in/WriteReadData/2025/262344.pdf
🧾 Got your PAN using Aadhaar Enrolment ID before 1st Oct 2024?
CBDT says you MUST link your Aadhaar by 31st Dec 2025.
Here’s a crisp 1-minute table to avoid penalties & PAN issues.
🔽 Save + Share this info bomb! #PAN #Aadhaar #CBDT #IncomeTax
India just hit a new high in tax certainty! 📈
🔍 CBDT signed a record 174 APAs in FY 2024-25
Here's what it means for global businesses operating in 🇮🇳 👇
📢 Form 3CD gets a major facelift from 01.04.2025
🔹 Clause 31 revamped with 12 new codes for loan/deposit disclosures
🔹 New clause for share buybacks u/s 2(22)(f)
🔹 Clause 22 reworked for MSME Act & MSE dues
🔹 Sections 32AC, 32AD, 35AC, 35CCB omitted
🔹 Clauses 28 & 29 deleted
🚨 Stay audit-ready. This isn’t a minor update.
Is your audit process ready for these changes?
#IncomeTax #Form3CD #TaxAudit #Finance #MSME #CBDT #efiletax
CBDT issues Circular No. 12 of 2024, detailing the Direct Tax Vivad Se Vishwas Scheme, 2024. This scheme resolves pending income tax litigation and clarifies eligibility, timelines, and procedures. #DTVSV2024 #IncomeTax #TaxUpdates #CBDT #TaxLitigation
📢 Compliance-Cum-Awareness Campaign: CBDT reminds taxpayers to ensure accurate reporting of foreign assets and income in their ITRs for AY 2024-25. Special focus on high-value foreign assets. Stay informed and compliant! #CBDT #ITR #ForeignAssets #TaxCompliance #AY2024
