Income Tax Calendar For June: Compliance Deadlines To Keep In Mind
In case you are filing advance tax for AY 2026-27, Jun. 15 is the last date to pay the first instalment.
The Income Tax Department has extended the deadline for the filing of tax returns. Taxpayers filing their income tax return for the Assessment Year 2025-26 now have until Sep 15 to submit their ITR. While the deadline might seem far away, there are several important dates in June for Indian companies and individuals with regards to their tax return.
Meeting these deadlines can ensure a smoother tax filing process and compliance with the rules.
Important Tax Dates For June 2025
Jun. 7: This is the last date to upload declarations received in Form 27C from the buyer in the month of May. It is also the deadline to deposit all tax deducted/collected in May.
Jun. 10: The professional tax return for May 2025 must be filed by this date.
Jun. 11: The GSTR-1 for May 2025 must be filed by this date. This is valid for monthly Goods and Services Tax (GST) filing for turnover above Rs 5 crore.
Jun 14: TDS certificate for tax deducted under section 194-IA (property transactions), 194-IB (rent payments by individuals/HUF), 194M (payments to contractors/professionals by individuals/HUF), and 194S (digital assets) in the month of Apr must be issued by this date.
Jun 15: This is an important deadline for issuance of TDS certificates. Employers must issue Form 16A for quarterly TDS certificates (non-salary deductions) for the quarter ending March 31, 2025. TDS certificates for salary deductions during the financial year 2024-25 must also be issued by this deadline.
Jun. 15 is the last date to submit a statement, by a stock exchange, in Form no. 3BB in respect of transactions in which client codes have been modified after registration in the system for the month of May. It is also the due date for furnishing Form 24G by a government office where TDS/TCS for May 2025 has been paid without a challan.
In case you are filing advance tax for AY 2026-27, this is the last date to pay the first instalment.
Jun. 29: It is the last date for electronic submission of information related to the transfer of the share of, or interest in, a foreign company/entity that falls under section 9(1)(i) of the Income Tax Act. The transfer must have occurred during AY 2025-26.
Jun. 30: Taxpayers must submit challans and statements for TDS under Section 194-IA/194-IB/194M/194S for the month of May. The Form-1 for the Equalisation Levy on goods and e-commerce supply/services for AY 2025-26 must be submitted as well by this date.
It is the deadline for the statement (in Form No. 64C) to be furnished by the Alternative Investment Fund (AIF) to unit holders about income distributed.
By keeping these deadlines in mind, taxpayers can ensure they do not face any compliance issues later on.
