Tax Calendar

As a responsible citizen, it is our duty to pay taxes on time and not evade them. ‘Paying’ income tax and ‘filing’ income tax returns on a timely basis are important as it keeps you from getting into trouble with the Income Tax Department. Now, an essential point to be noted is that there are various kinds of taxes depending on the income categories and each of them have a different due date. Some need to be paid regularly, while others occasionally.

The following table contains the tax calendar for the year 2018

January 2018	January 7, 2018 Last date for depositing TCS or TDS for the previous month. However, the entire amount deducted or collected by a government office shall be paid to the credit of the Central Government on the same date that tax is paid without an income tax challan being produced. Last date for depositing TDS for the third quarter of 2017-18 when quarterly deposit of TDS has been allowed under Section 192, 194A, 194D or 194H of the Income Tax Act. January 14, 2018 Last date for TDS certificate issuance of tax deducted under Section 194-IA as well as Section 194-IB in November 2017. January 15, 2018 Last date for producing Form 24G by a government office in case TDS for the previous month has been paid without furnishing a challan. Quarterly statement of TCS deposited for the third quarter of 2017-18. Last date for furnishing Form 15G/15H declarations, received during the third quarter of 2017-18. Foreign remittances quarterly statement in Form 15CC for the third quarter of 2017-18. January 30, 2018 Quarterly TCS certificate concerning tax collected for the third quarter of 2017-18. Last date for handing over challan-cum-statements for tax deducted for the previous month under Section 194-IA as well as Section 194-IB of the Income Tax Act. January 31, 2018 TDS deposited quarterly statement for third quarter of 2017-18. Intimation under Section 286(1) of the Income Tax Act by a foreign group’s resident constituent entity whose parent is not a resident.
February 2018	February 7, 2018 Last date for depositing TCS or TDS for the previous month. However, the entire amount deducted or collected by a government office shall be paid to the credit of the Central Government on the same date that tax is paid without an income tax challan being produced. February 14, 2018 Last date for TDS Certificate issuance of tax deducted under Section 194-IA as well as Section 194-IB of the Income Tax Act in December 2017. February 15, 2018 Last date for producing Form 24G by a government office in case TDS for the previous month has been paid without the furnishing a challan. Quarterly TDS certificate (tax deducted for payments besides salary) for the third quarter of 2017-18.
March 2018	March 1, 2018 Intimation in Form 3CEAB for AY 2016-17 by a foreign group’s constituent entity (Indian resident). March 2, 2018 Last date for producing challan-cum-statements of tax deducted under Section 194-IA as well as Section 194-IB in January 2018. March 7, 2018 Last date for depositing TCS or TDS for previous month. However, the entire amount deducted or collected by a government office shall be paid to the credit of the Central Government on the same date that tax is paid without an income tax challan being produced. March 15, 2018 Last date for providing TDS certificate for tax deducted in January 2018 under Section 194-IA as well as Section 194-IB of the Income Tax Act. Last date for producing Form 24G by a government office in case TDS for the previous month has been paid without a challan being produced. Advance tax fourth instalment for AY 2018-19. Last date for paying the entire sum of advance tax of AY 2018-19 for assessee covered under presumptive scheme of Section 44AD/Section 44ADA. March 30, 2018 Last date for producing challan-cum-statements of tax deducted for the previous month under Section 194-IA as well as Section 194-IB. March 31, 2018 Last date for Aadhaar-PAN linking. Form 3CEAA report for AY 2016-17 by every foreign group’s constituent entity. Country-By-Country (CbC) Report in Form 3CEAD for AY 2016-17 by a parent entity or another reporting or another constituent entity (Indian resident).
April 2018	April 7, 2018 Last date for depositing tax deducted by a government office for the previous month. However, the entire amount deducted by a government office shall be paid to the credit of the Central Government on the same date that tax is paid without an income tax challan being produced. April 14, 2018 Last date for issuing of TDS certificates for tax deducted in February 2018 under Section 194-IA as well as Section 194-IB of the Income Tax Act. April 15, 2018 Foreign remittances quarterly statement in Form 15CC for the fourth quarter of 2017-18. April 30, 2018 Last date for producing Form 24G by a government office in case TDS for March 2018 has been paid without a challan being produced. Last date for producing challan-cum-statement of tax deducted under Section 194-IA as well as Section 194-IB in March 2018. Last date for e-filing of a statement in Form No. 61 containing particulars of Form No. 60, received from October 1, 2017 to March 31, 2018. Last date for uploading statements received from recipients in Form 15G/15H for the fourth quarter of 2017-18. Last date for depositing TDS for the fourth quarter of 2017-18, when quarterly deposit of TDS under Section 194D, 192, 194A or 194H has been allowed.
May 2018	May 7, 2018 Last date for depositing TCS or TDS for the previous month. However, the entire amount deducted by a government office shall be paid to the credit of the Central Government on the same date that tax is paid without an income tax challan being produced. May 15, 2018 Last date for TDS Certificate issuance of tax deducted under Section 194-IA and Section 194-IB in March 2018. Last date for producing Form 24G by a government office in case TDS for the previous month has been paid without a challan being furnished. TCS deposited quarterly statement for the fourth quarter of 2017-18. May 30, 2018 Declaration submission (Form No. 49C) by non-resident with a liaison office in India for FY 2017-18 Last date for handing over challan-cum-statements of tax deducted for the previous month under Section 194-IA as well as Section 194-IB. May 31, 2018 TDS deposited quarterly statement for the January to March 2018 period. Last date for producing statement of financial transaction (in Form No. 61A), as required under sub-Section (1) of Section 285BA of FY 2017-18 Last date for annual statement e-filing of reportable accounts, as required under Section 285BA(1)(k) (Form No. 61B) for 2017 by reporting financial institutes.
June 2018	June 7, 2018 Last date for depositing TCS or TDS for the previous month. However, the entire amount deducted by a government office shall be paid to the credit of the Central Government on the same date that tax is paid without an income tax challan being produced. June 14, 2018 Last date for providing TDS certificates for tax deducted in April 2018 under Section 194-IA as well as Section 194-IB of the Income Tax Act. June 15, 2018 Last date for furnishing Form 24G by a government office in case TDS for the previous month has been paid without a challan being produced. Quarterly TDS certificates (tax deducted for payments besides salary) for the fourth quarter of 2017-18. Advance tax first instalment for AY 2019-20. TDS certificate to employees concerning salary paid and tax deducted in 2017-18. June 29, 2018 Last date for e-filing (Form No. 3CEK) for activities in FY 2017-18 by an investment fund under Section 9A of the Income Tax Act. June 30, 2018 Last date for handing over challan-cum-statements of tax deducted of the previous month under Section 194-IA as well as Section 194-IB of the Income Tax Act. Returns concerning securities transaction tax for FY 2017-18. Statement to be produced (Form No. 64C) by Alternative Investment Fund (concerning income distributed in the previous year 2017-18) to unit holders. Last date for producing of statement of income distributed by business trust in FY 2017-18 to its unit holders.
July 2018	July 7, 2018 Last date for depositing TCS or TDS for the previous month. However, the entire amount deducted by a government office shall be paid to the credit of the Central Government on the same date that tax is paid without an income tax challan being produced. Last date for depositing TDS for the first quarter of 2018-19 when quarterly deposit of TDS under Section 194D, 192, 194A or 194H has been allowed. July 15, 2018 Last date for furnishing Form 24G by a government office in case TDS for the previous month has been paid without a challan being produced. Last date for providing TDS certificates for tax deducted in May 2018 under Section 194-IA as well as Section 194-IB of the Income Tax Act. Quarterly statement concerning foreign remittances in Form No. 15CC for the first quarter of 2018-19. TCS deposited quarterly statement for the first quarter of 2018-19. July 30, 2018 Quarterly TCS certificate for tax collected by a person for the first quarter of 2018-19. Last date for handing over challan-cum-statement of tax deducted for the previous month under Section 194-IA of the Income Tax Act. Last date for TDS Certificate issuance of tax deducted under Section 194-IB of June 2018. July 31, 2018 TDS deposited quarterly statement for the first quarter of 2018-19. Annual return of income for AY 2018-19 for all taxpayers besides (i) corporate-taxpayer or (ii) a taxpayer who has to furnish a report under Section 92E or (iii) working partner of a firm (whose accounts are to be audited) or (iv) non-corporate taxpayer (whose books of account are to be audited).
August 2018	August 7, 2018 Last date for depositing of TCS or TDS for previous month. However, the entire amount deducted by a government office shall be paid to the credit of the Central Government on the same date that tax is paid without an Income Tax Challan being produced. August 14, 2018 Last date for providing of TDS certificates for tax deducted in June 2018 under Section 194-IA as well as Section 194-IB of the Income Tax Act. August 15, 2018 Quarterly TDS certificate (tax deducted for payments besides salary) for the first quarter of 2018-19. Last date for producing Form 24G by a government office in case TDS for July 2018 has been paid without a challan being produced. August 30, 2018 Last date for producing challan-cum-statements of tax deducted for the previous month under Section 194-IA as well as Section 194-IB of the Income Tax Act.
September 2018	September 7, 2018 Last date for depositing TCS or TDS for the previous month. However, the entire amount deducted by a government office shall be paid to the credit of the Central Government on the same date that tax is paid without an income tax challan being produced. September 14, 2018 Last date for providing TDS Certificates for tax deducted in July 2018 under Section 194-IA as well as Section 194-IB of the Income Tax Act. September 15, 2018 Last date for producing Form 24G by a government office in case TDS for the previous month has been paid without a challan being produced. Advance tax second instalment for AY 2019-20. September 30, 2018 Audit report under Section 44AB for AY 2018-19 for a corporate-taxpayer or non-corporate taxpayer (required to submit return of income on September 30, 2018). Last date for handing over challan-cum-statements of tax deducted for the previous month under Section 194-IA or Section 194-IB. Last date for producing challan-cum-statement of tax deducted in the previous month under Section 194-IB of the Income Tax Act. Annual return of income for AY 2018-19 if the taxpayer (not having international or specified domestic transaction) is (a) corporate-taxpayer or (b) working partner of a firm (whose accounts need to be audited) or (c) non-corporate taxpayer (whose books of account needs to be audited).
October 2018	October 7, 2018 Last date for depositing TCS or TDS for the previous month. However, the entire amount deducted by a government office shall be paid to the credit of the Central Government on the same date that tax is paid without an income tax challan being produced. Last date for depositing TDS for second quarter of 2018-19 when quarterly deposit of TDS under Section 194D, 192, 194A or 194H has been allowed. October 15, 2018 Last date for furnishing Form 24G by a government office in case TDS for September 2018 has been paid without a challan being produced. Last date for TDS certificate issuance of tax deducted under Section 194-IA and Section 194-IB in August 2018. TCS deposited quarterly statement for the second quarter of 2018-19. Foreign remittances quarterly statement in Form 15CC for the second quarter of 2018-19. Last date for handing over challan-cum-statement of tax deducted for the previous month under Section 194-IA of the Income Tax Act. October 30, 2018 Last date for producing challan-cum-statement of tax deducted under Section 194-IB of the Income Tax Act in September 2018. Quarterly TCS certificate (tax collected by any person) for the second quarter of 2018-19. October 31, 2018 Intimation in Form 3CEAB for AY 2017-18 by a foreign group’s designated constituent entity, Indian resident. CbC Report in Form No. 3CEAD for AY 2017-18 by a parent entity or another reporting or constituent entity, Indian resident. TDS deposited quarterly statement for the second quarter of 2018-19.
November 2018	November 7, 2018 Last date for depositing TCS or TDS for the previous month. However, the entire amount deducted by a government office shall be paid to the credit of the Central Government on the same date that tax is paid without an income tax challan being produced. November 14, 2018 Last date for TDS Certificate issuance of tax deducted under Section 194-IA and Section 194-IB in September 2018. November 15, 2018 Quarterly TDS certificate (tax deducted for payments besides salary) for the second quarter of 2018-19. Last date for producing Form 24G by a government office in case TDS for the previous month has been paid without a challan being produced. November 30, 2018 Last date for producing challan-cum-statements of tax deducted for the previous month under Section 194-IA as well as Section 194-IB. Annual return of income for AY 2018-19 if a taxpayer is required to submit a report under Section 92E in relation to international or specified domestic transactions. Report to be furnished in Form 3CEB concerning international and specified domestic transaction Report in Form No. 3CEAA by a constituent entity of an international group for the accounting year 2017-18 CbC Report in Form 3CEAD for AY 2016-17 by a parent entity or another reporting or constituent entity, Indian resident. Last date to exercise option of safe harbour rules for international transaction and specified domestic transaction by furnishing Form 3CEFA and Form 3CEFB, respectively. Last date for statement filing of income distributed by business trust in FY 2017-18 to unit holders. Last date for report e-filing by an investment fund concerning arm's length price of a fund manager's pay.
December 2018	December 7, 2018 Last date for depositing of TCS or TDS for the previous month. However, the entire amount deducted by a government office shall be paid to the credit of the Central Government on the same date that tax is paid without an income tax challan being produced. December 15, 2018 Last date for handing over Form 24G by a government office in case TDS for November 2018 has been paid without a challan being produced. Advance tax third instalment for AY 2019-20. Last date for providing TDS certificates for tax deducted in October 2018 under Section 194-IA and Section 194-IB of the Income Tax Act. December 30, 2018 Last date for producing challan-cum-statements of tax deducted under Section 194-IA and Section 194-IB of the previous month.

FAQs on Tax Calendar

What is income tax?

Income Tax is a tax levied by the Indian government on the income earned by every person. The provisions governing the income tax rules can be found in the Income Tax Act, 1961.

Who is an assessing officer?

An assessing officer is an individual who has been given jurisdiction over a particular geographical area and makes an assessment of a taxpayer, who is liable to tax under the Income Tax Act.

Is it necessary to maintain proof of earnings?

Yes. Individuals need to maintain proof of earnings and the records specified under the Act for every source of income

How is income tax collected by the government?

The government collects taxes through three modes: a) voluntary payment by taxpayers into various designated banks, b) Taxes deducted at source and c) Taxes collected at source

What is the due date for filing an income tax return?

The last date for filing income tax return for the financial year 2017-2018 is July 31, 2018.