There are some important tax-related tasks for the taxpayers and companies in the month of November. The Income Tax Department has notified these important dates in the calendar. People can follow these dates to pay their taxes accordingly.
Here are the important dates for tax purposes this month released by the Income Tax department.
Read More: GST Collection in October 2023 Jumps 13% YoY To Rs 1.72 Lakh Crore; Second Highest Ever
November 7, 2023: The due date for the deposit of tax deducted or collected for October 2023. However, all amounts deducted/collected by any office of the government shall be paid into the account of the Central Government on the same day when the tax is paid without the production of Income Tax Challan.
November 14, 2023: The due date for issuing TDS certificate for tax deduction under Income Tax Section 194-IA, 194- IB, 194-M and 194-S for September 2023.
Read More: India’s gaming industry’s revenue to fall due to 28% GST, claims report
November 15, 2023: The due date for submission of quarterly TDS certificate (in respect of tax deducted for payments other than salary) for the September quarter. It is also the due date of furnishing Form 24G by the Government office where TDS/TCS has been paid without furnishing the challan for the month of October 2023.
November 30, 2023: The due date for filing the return of income for assessment year 2023-24 for certain entities. The challan-cum-statement in respect of tax deducted under sections 194-IA, 194-IB, 194M and 194S for October 2023 will have to be submitted by this date.
Read More: Record number of over 7.85 crore Income Tax Returns filed till October 31 this year
The deadline for filing various forms related to income distribution, international transactions and scientific research is also November 30, 2023, for the assessment year 2023-24. The forms include Form 3CEAA, Form 64, Form 64D, Form 3CEFA, Form 3CEFB, Form 64A, Form 3CEJ and Form ITR-7 which have to be filled for various issues.
