As a business owner, freelancer, or accountant, staying on top of India’s key financial deadlines can save you from penalties, interest, and compliance headaches. 🔍 The Financial Year 2024-25 comes with a packed calendar of tax filings, GST returns, and TDS payments. Mark these important dates and plan ahead! ✅
🧾 1. Income Tax Return (ITR) Filing
- 🗓️ Due Date for Individuals & HUF (Non-audit): 31st July 2025
- 🗓️ Due Date for Businesses Requiring Audit: 31st October 2025
- 🗓️ Transfer Pricing Cases: 30th November 2025
📌 Late filing attracts ₹5,000 penalty and interest under Section 234A.
💼 2. TDS (Tax Deducted at Source) Payment Due Dates
TDS deducted must be deposited by the 7th of every month for the previous month’s deductions.
🧮 Example: TDS for April 2024 must be paid by 7th May 2024.
📄 Quarterly TDS Return Filing:
- Q1 (Apr–Jun): 31st July 2024
- Q2 (Jul–Sep): 31st October 2024
- Q3 (Oct–Dec): 31st January 2025
- Q4 (Jan–Mar): 31st May 2025
🧾 3. GST Return Filing Dates
- GSTR-1: 11th of the following month
- GSTR-3B: 20th of the following month
- CMP-08 (Composition Dealers): 18th of the month following the quarter
- GSTR-4: 30th April 2025
- GSTR-9 (Annual Return): 31st December 2025
📢 Missing GST deadlines can lead to late fees and interest charges.
🏢 4. ROC Filings for Companies & LLPs
- 📋 AOC-4 (Financial Statements): 30 days from AGM (generally by 30th October 2025)
- 📋 MGT-7 (Annual Return): 60 days from AGM (generally by 29th November 2025)
📊 5. Advance Tax Payment Due Dates
Applicable if your tax liability exceeds ₹10,000 in a year.
🗓️ Installment Schedule:
- 15% – 15th June 2024
- 45% – 15th September 2024
- 75% – 15th December 2024
- 100% – 15th March 2025
📌 Tips to Stay Compliant
✅ Set calendar reminders or use accounting software
✅ Hire a professional accountant for filing
✅ Reconcile books monthly for hassle-free reporting
🧑💼 Need Help Staying on Track?
India Accountant helps businesses across India manage taxation, GST, payroll, accounting, and compliance with zero stress! 💼📊
📞 Let’s take the hassle out of your finances.
🌐 Website: www.indiaaccountant.in
📧 Email: info@indiaaccountant.in