April 2025 Income Tax Calendar – Important Deadlines & Filing Dates

Sasmita

2 weeks ago

The Income Tax Department has released its compliance calendar for April 2025. From TDS payments to return filings, this month includes several key dates that taxpayers must not miss.

Staying updated with tax deadlines is crucial for every taxpayer—whether you’re a salaried individual, business owner, or tax professional. The Income Tax Department of India releases monthly compliance calendars to help taxpayers meet filing and payment obligations on time. For April 2025, there are several key due dates you must be aware of to avoid penalties, interest charges, or notices.

This guide covers all the important income tax deadlines in April 2025, along with explanations and tips to stay compliant.

📅 Why the Income Tax Calendar Matters

Tax compliance in India involves a series of monthly, quarterly, and annual filings. Missing a deadline can result in:

Late filing fees under Section 234F
Interest on delayed payments (Section 234A/B/C)
Notices and scrutiny from the Income Tax Department
Loss of credibility for businesses and professionals

By tracking the Income Tax Calendar, you can stay organized, avoid last-minute stress, and manage your finances effectively.

✅ List of Important Income Tax Deadlines in April 2025

Here’s a consolidated view of the key tax-related dates for April 2025:

📌 April 7, 2025 – TDS/TCS Payment Due for March 2025

Last date for depositing TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) deducted in March 2025.
Applicable for businesses, employers, and deductors.

📌 April 15, 2025 – Issue of TDS Certificate for March 2025 (Form 16A)

Due date for issuing Form 16A (TDS certificate) for TDS deducted on non-salary payments in Q4 FY 2024–25.
Form 16A is mandatory for contractors, professionals, and others.

📌 April 30, 2025 – Quarterly TDS Return for Q4 (Form 24Q/26Q/27Q)

Due date for filing Quarterly TDS returns for the period January to March 2025.
Employers must file Form 24Q for salary TDS, and businesses file Form 26Q/27Q for non-salary payments.
File through the TRACES portal or NSDL.

📌 April 30, 2025 – Form 61 Submission for PAN Non-Holders

Last date for submitting Form 61, which includes details of transactions where PAN was not provided (as per Rule 114D).
Applicable to entities that accepted high-value cash transactions without PAN.

📌 April 30, 2025 – Statement of Financial Transactions (SFT) Filing

Due for specified persons/entities (banks, mutual funds, registrars, etc.).
SFT includes details of high-value financial transactions such as:
- Cash deposits over ₹10 lakh
- Credit card payments over ₹1 lakh in cash / ₹10 lakh by other modes
- Purchase/sale of immovable property

⚠️ What Happens If You Miss These Deadlines?

Failing to meet income tax deadlines can lead to:

Late Fees: ₹200 per day under Section 234E for late TDS/TCS returns.
Interest & Penalties: Interest under Section 201(1A), and penalties up to ₹1 lakh under Section 271H.
Prosecution: In rare cases, repeated non-compliance can lead to legal consequences.

🧾 Tips to Stay Compliant

Use a Tax Calendar: Mark recurring deadlines and set alerts.
Outsource or Use Software: Professional tax tools or a CA can automate much of your compliance.
Avoid Last-Minute Filing: Technical glitches or bank issues can cause delays.
Verify PAN/Aadhar Linking: Ensure all details are updated in your IT profile.

📣 Who Should Pay Attention?

Salaried Individuals with TDS responsibilities
Freelancers and professionals with tax deductions
Corporates and LLPs
Startups and MSMEs
Banks, NBFCs, mutual funds, and government bodies

📌 Conclusion

The April 2025 Income Tax Calendar includes essential deadlines for TDS payments, return filings, and compliance requirements for high-value transactions. Staying on top of these dates helps avoid unnecessary penalties and ensures smooth tax management throughout the financial year.

Make sure to consult a certified tax professional if you’re unsure about which deadlines apply to your case. Compliance is not just a legal requirement—it’s also good business practice.

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