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Important dates for Income Tax Payers in 2020

This New Year, Income Tax Department brings, the ITD calendar 2020 highlighting important dates of tax relevance.

ITD calender 2020
ITD calender 2020
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Published : Jan 4, 2020, 12:49 PM IST

Updated : Jan 4, 2020, 6:43 PM IST

Hyderabad: The Income Tax Department has brought out its calendar for the year 2020. It reveals the important dates of tax relevance. The ITD calendar 2020 will map your journey to a hassle-free way of filing your returns.

Here is the list of important dates that you need to markdown:

  • March 31- last date of filing belated or revised return of income for AY 2019-20 where assessment is not completed
  • May 15- Quarterly statement of TCS deposited for the quarter ending March 31, 2020
  • May 31- due date for furnishing of statement of financial transaction u/s 285BA in respect of FY 2019-20
  • June 15- TDS Certificate to employees in respect of salary paid and tax deducted during FY 2019-20. First Instalment of advance tax for AY 2021-22
  • July 24- Income Tax Day
  • July 31- ITR for AY 2020-21 for all assesses other than (a) corporate or (b) non-corporate who is liable to get his account audited
  • September 15- Second Instalment of advance tax for the AY 2021-22
  • September 30- ITR for AY 2020-21 for the assessee who is (a) corporate or (b) non-corporate assessee whose books are required to be audited
  • November 30- Audit report and ITR for AY 2020-21 in respect of assessee having an international or specified domestic transaction
  • December 15- Third installment of advance tax for the AY 2021-22

Read more: Fuel prices continue to surge amid tension in Middle East

Hyderabad: The Income Tax Department has brought out its calendar for the year 2020. It reveals the important dates of tax relevance. The ITD calendar 2020 will map your journey to a hassle-free way of filing your returns.

Here is the list of important dates that you need to markdown:

  • March 31- last date of filing belated or revised return of income for AY 2019-20 where assessment is not completed
  • May 15- Quarterly statement of TCS deposited for the quarter ending March 31, 2020
  • May 31- due date for furnishing of statement of financial transaction u/s 285BA in respect of FY 2019-20
  • June 15- TDS Certificate to employees in respect of salary paid and tax deducted during FY 2019-20. First Instalment of advance tax for AY 2021-22
  • July 24- Income Tax Day
  • July 31- ITR for AY 2020-21 for all assesses other than (a) corporate or (b) non-corporate who is liable to get his account audited
  • September 15- Second Instalment of advance tax for the AY 2021-22
  • September 30- ITR for AY 2020-21 for the assessee who is (a) corporate or (b) non-corporate assessee whose books are required to be audited
  • November 30- Audit report and ITR for AY 2020-21 in respect of assessee having an international or specified domestic transaction
  • December 15- Third installment of advance tax for the AY 2021-22

Read more: Fuel prices continue to surge amid tension in Middle East

Intro:Body:

The Income Tax Department has brought out its Calendar for the year 2020. It reveals the important dates of tax relevance.

The ITD calender 2020 will map your journey to a hassle-free way of filing your returns. Here is the list of important dates that you need to mark down.

March 31-  last date of filing belated or revised return of income for AY 2019-20  where assessment is not completed

May 15- Qusrterly ststement of TCS deposited for the quarter ending March 31, 2020

May 31- due date for furnishing of statement of financial transaction u/s 285BA in respect of FY 2019-20

June 15- TDS Certificate to employees in respect of salary paid and tax deducted during FY 2019-20. First Instalment of advance tax for AY 2021-22

July 24- Income Tax Day

July 31- ITR for AY 2020-21 for all assesses other than  (a) corporate or (b) non-corporate who is liable to get his account audited

September 15- Second Instalment of advance tax for the AY 2021-22

September 30- ITR for AY 2020-21 for assessee who is (a) corporate or (b) non-corporate assessee whose books are required to be audited

November 30- Audit report and ITR for AY 2020-21 in respect of assessee having an international or specified domestic transaction

December 15- Third installment of advance tax for the AY 2021-22




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Last Updated : Jan 4, 2020, 6:43 PM IST
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