2017 Income Tax Calendar

2017 Income Tax Calendar

Types of taxes based on income categories and each of them has different due dates.There are many types of taxes that are paid regularly, periodically, and occasionally.The following list contains the tax calendar for the Financial Year 2017-2018.

  • 7th January, 2017–

    Last date for Tax Deducted at Source (TDS) deposit for the period of October 2016 to December 2016, under section 192, 194A, 194D or 194H.

    24th January, 2017–

    Last date for TDS Certificate deduction of tax in November, 2016 under section 194-IA. Last date for completing the Form 24G to TDS for the month of December, 2016 paid without challan. Quarterly statement of Tax Collected at Source (TCS) deposited for the quarter ending December 31, 2016.

    30th January, 2017–

    Quarterly TCS certificate for tax collected for October 2016 to December 2016. Last date for the TDS deposit for period January 2017 to March 2017, when IT Assessing Officer has permitted quarterly deposit of TDS under section 192, 194A, 194D or 194H.

    31st January, 2017–

    Quarterly TDS statement deposited for the quarter ending October 2016 to December 2016. Quarterly return of non-deduction at source by banking company from deposit interest regard to October 2016 to December 2016. Last date for filing the statement of financial transaction by post offices or banks for cash deposits.

    7th February, 2017 –

    Last date for Tax collected/deducted deposit for month of January, 2017.

    14th February, 2017 –

    Last date for issue of TDS Certificate for deducted tax under section 194-IA for December, 2016.

    15th February, 2017 –

    Last date for completing the Form 24G by Government office where TDS for January, 2017 has been paid without the furnishing of a challan. Quarterly TDS certificate with deducted tax for payments other than salary for quarter December 31, 2016.

    28th February, 2017 –

    Last date for collected tax deposit for March, 2017.

    2nd March, 2017 –

    Last date for producing challan with reference to deducted tax in February, 2017 under Section 194-IA.

    7th March, 2017 –

    Last date for tax deposit collected/deducted for month of February,2017.

    15th March, 2017 –

    Last date for completing the Form 24G for the month of February, 2017 has paid without challan. To make the installment payment of advance tax for the assessment year 2017-18.

    30th March, 2017 –

    Last date for challan producing to tax deducted in February, 2017 - under Section 194-IA.

    31st March, 2017 –

    Last date for the declaration of undisclosed income under Pradhan Mantri Garib Kalyan Yojana, 2016. Last date for payment of second installment under Income Declaration Scheme, 2016.

    7th April, 2017–

    Last date for depositing of collected tax for March, 2017.

    14th April, 2017–

    Last date for issue of TDS Certificate for tax deducted in February, 2017 - under section 194-IA.

    30th April, 2017–

    Last date for producing the Form 24G for March, 2017 paid without furnishing of a challan. Last date for producing the challan tax deducted in March, 2017 under Section 194-IA.

    7th May, 2017 -

    Last date for deposit of Tax collected/deducted for April, 2017

    15th May, 2017 –

    Last date for issue of TDS Certificate for deducted tax under section 194-IA for March, 2017. Last date for complete the Form 24G for January, 2017 paid without the furnishing of a challan. Quarterly statement of deposited TCS for March 31, 2017.

    30th May, 2017–

    Quarterly TCS certificates to collected tax during quarter March 31, 2017. Last date for Challan submission tax deducted in April, 2017 under Section 194-IA..

    31st May, 2017 -

    Quarterly statement of deposited TDS for March 31, 2017. Return of tax deduction from contributions paid by the trustees Last date for statement completion of transaction in Form 61A for financial year 2016-17. Last date for e-filing of annual statement of accounts under section 285BA(1)(k) for calendar year 2016 by reporting financial institutions.

    7th June, 2017–

    Last date for collected tax deposit for May, 2017

    14th June, 2017–

    Last date for TDS Certificate issued in April, 2017 under Section 194-IA.

    15th June, 2017–

    Last date for Form 24G completion for January, 2017 has been paid without the a challan. The first installment of advance tax for the assessment year 2018-19.

    29th June, 2017–

    Last date for e-filing of statement by an eligible investment under section 9A

    30th June, 2017–

    Last date for challan to tax deducted in the month of May, 2017 - under Section 194-IA..

    7th July, 2017 –

    Last date for deposit of Tax collected for June, 2017. Last date for deposit of TDS for April 2017 to June 2017 when Assessing Officer has permitted quarterly deposit of TDS under section 192, 194A, 194D or 194H.

    15th July, 2017 -

    Last date for completing the Form 24G by an office of the Government where TDS for June 2017 has been paid without challan. Last date for issue of the TDS Certificate for tax deducted under section 194-IA in the month of May, 2017. Quarterly statement to foreign remittances in Form No. 15CC for quarter ending June, 2017. Quarterly statement of TCS deposited for quarter ending 30 June, 2017.

    30th July, 2017 –

    Quarterly TCS certificate with tax collected by person for quarter ending June 30, 2017.

    31st July, 2017 –

    The quarterly statement of TDS deposited for the quarter ending June 30, 2017. Statement in Form 10 to accumulate income for future under section 10(21) or 11(2).

    7th August, 2017 –

    Last date for deposit of Tax collected for July, 2017.

    14th August, 2017 –

    Last date for issue of TDS Certificate for tax deducted in June, 2017 under section 194-IA.

    16th August, 2017 –

    Last date for furnishing of Form 24G for July, 2017 has been paid without challan. The quarterly TDS certificate ending June 30, 2017.

    30th August, 2017 –

    Last date for producing the challan to tax deducted under Section 194-IA in July, 2017.

    7th September, 2017–

    Last date for deposit of Tax collected for August, 2017

    14th September, 2017–

    Last date for issue of TDS Certificate for tax deducted under section 194-IA in July, 2017.

    15th September, 2017–

    Last date for completing the Form 24G has been paid without challan. The second installment of advance tax for the assessment year 2018-19.

    30th September, 2017–

    Audit report under section 44AB for assessment year 2017-18. Submission of audit of accounts for weighted deduction under section 35(2AB) Last date for payment of last installment under Income Disclosure Scheme, 2016.

    7th October, 2017 –

    Last date for deposit of tax collected for September, 2017. Last date for deposit of TDS July 2017 to September 2017 under section 192, 194A, 194D or 194H.

    15th October, 2017 –

    Last date for completion of Form 24G paid without a challan. Last date for issue of TDS Certificate for tax deducted under section 194-IA in August, 2017. The quarterly statement with foreign remittances in Form No. 15CC

    30th October, 2017 –

    Last date for producing challan to tax deducted under Section 194-IA in September, 2017. The quarterly TCS certificate for September 30, 2017.

    31st October, 2017 The quarterly statement of TDS deposited for the quarter ending September 30, 2017.

    7th November, 2017–

    Last date for deposit of Tax deducted for October, 2017.

    14th November, 2017–

    Last date for issue of TDS Certificate for tax deducted under Section 194-IA in September, 2017.

    15th November, 2017–

    Last date for furnishing of Form 24G October, 2017 paid challan. The quarterly TDS certificate for September 30, 2017.

    30th November, 2017–

    Last date for producing the challan to tax deducted under Section 194-IA in October, 2017. Submission of copy of audit of accounts is eligible for weighted deduction under section 35(2AB).

    7th December, 2017 –

    Last date for deposit of Tax collected for November,2017.

    15th December, 2017–

    Last date for furnishing of Form 24G paid without challan. The third installment of advance tax for the assessment year 2018-19. Last date for issue of TDS Certificate for tax deducted under section 194-IA for October, 2017.

    30th December, 2017–

    Last date for producing the challan with regard to tax deducted under Section 194-IA in November, 2017

Conclusion:

Income tax is a direct tax which is direct income of the assessee. Income which is generated from various head of income viz.Salary, House property, Business, Capital Gains and Income from other sources.