Taxmann’s Income Tax Compliance Calendar for July 2020

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  • Last Updated on 22 March, 2021

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 Important Due Dates of Income Tax Compliances for July 2020

 Here is the Tax Compliance Calendar for July 2020 to ensure that you do not   forget these important dates under Income Tax Act 1961. 

 

7thJuly, 2020

 

INCOME-TAX

 

Due date for deposit of Tax deducted/collected for the month of June, 2020. 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 an Income-tax Challan

 

 

Due date for deposit of TDS for the period April 2020 to June 2020 when Assessing Officer has permitted quarterly deposit of TDS under section 192, 194A, 194D or 194H

 

15thJuly, 2020

 

 

 

INCOME TAX

1)  Due date for furnishing of Form 24G by an office of the Government where TDS/TCS for the month of February 2020, March 2020 & June, 2020 has been paid without the production of a challans.

 

2)    Due date for issue of TDS Certificate for tax deducted under section 194-IA in the month of May, 2020*

 

3)    Due date for issue of TDS Certificate for tax deducted under Section 194-IB in the month of May, 2020*

 

4)    Due date for issue of TDS Certificate for tax deducted under Section 194M in the month of May, 2020*

 

5)  Quarterly statement of TCS deposited for the quarter ending 30 June, 2020*

 

6)   Upload the declarations received from recipients in Form No. 15G/15H during the quarter ending June, 2020*

30thJuly, 2020

 

 

INCOME TAX

 

1)      Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA for the month of June, 2020*

2)      Due date for issue of TDS Certificate for tax deducted under Section 194-IB in the month of June, 2020*

3)      Due date for issue of TDS Certificate for tax deducted under Section 194M in the month of June, 2020*

 

 

31stJuly, 2020

 

INCOME TAX

 

1)    Quarterly statement of TDS deposited for the quarter ending June 30, 2020*

2)    Quarterly statement of TDS/TCS deposited for the quarter ending March 31, 2020

3)   Due date for furnishing of challan-cum-statement in respect of tax deducted under Section 194-IA, Section 194-IB and Section 194M in the months of February 2020 and March, 2020

4)    Annual return of income for the assessment year 2019-20 for all assessee

5)  Quarterly return of non-deduction of tax at source by a banking company from interest on time deposit in respect of the quarter ending June 30, 2020*

 

 

 * The due dates for all other compliances which fall between 20-03-2020 and   31-12-2020 have been extended to 31-03-2021videthe Taxation and Other Laws   (Relaxation of Certain Provisions) Ordinance, 2020 read with Notification No.    35 /2020, dated 24-06-2020.

Also Read: Consumer Protection Act 2019

 

Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.

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