SOURCE : NEW18 NEWS
Last Updated:April 30, 2025, 10:10 IST
Tax Calendar May 2025: From TDS deposit to TDS/ TCS certificates and challans to advance tax; here’s the complete list of activities you should complete in May.
Tax Calendar May 2025.
Tax planning is an essential part of financial management. For this, one must know the key dates for tax payments. A tax calendar helps taxpayers to stay organised and compliant with tax requirements. Here are the tax due dates for May 2025.
May 7, 2025: TDS, TCS Deposit
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Due date for deposit of Tax deducted/collected for the month of April 2025. However, all sum deducted/collected by an office of the government shall be paid to the credit of the central government on the same day where tax is paid without production of a challan.
It is also the deadline for uploading of declarations received in Form 27C from the buyer in the month of April 2025.
May 15, 2025: TDS Certificate
The deadline to issue a TDS certificate for tax deducted under Sections 194-IA, 194-M and 194S (by specified person) for March 2025.
May 15, 2025: Form 24G, Quarterly TCS Deposits, Form No 3BB
Due date for furnishing of Form 24G by an office of the Government where TDS/TCS for the month of April, 2025 has been paid without the production of a challan.
Quarterly statement of TCS deposited for the quarter ending March 31, 2025
It is the last date to furnish statement in Form no. 3BB by a stock exchange in respect of transactions in which client codes have been modified after registering in the system for the month of April, 2025
Due date for furnishing statement by a recognised association in respect of transactions in which client codes been modified after registering in the system for the month of April 2025.
May 30, 2025: Challan-Cum-Statement For April, TCS Certificate For 4th Quarter, Section 285B
Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA, 194-IB, 194M and 194S (by specified person) in the month of April 2025.
It is the last date for Issue of TCS certificates for the 4th Quarter of the financial year 2024-25.
Due date for furnishing of statement required under Section 285B for the previous year 2024-25.
May 31, 2025: Form 3CEAD, Form 67, Updated ITR For AY 2022-23
Quarterly statement of TDS deposited for the quarter ending March 31, 2025.
Return of tax deduction from contributions paid by the trustees of an approved superannuation fund.
Due date for furnishing of statement of financial transaction (in Form No. 61A) as required to be furnished under sub-section (1) of section 285BA of the Act respect for financial year 2024-25.
Due date for e-filing of annual statement of reportable accounts as required to be furnished under section 285BA(1)(k) (in Form No. 61B) for calendar year 2024 by reporting financial institutions.
