Key tax due dates in September.
September 2023 tax calendar: From TDS deposit to TDS/TCS certificates and challans to advance tax to audit report; here is the full list of activities to complete in September
Tax planning is an essential part of financial management. For this one needs to know the most important dates for tax payments. A tax calendar helps taxpayers stay organized and meet tax requirements. Here you will find the tax due dates for September 2023.
September 7: TDS/TCS deposit
September 7, 2023 is the due date for depositing the tax deducted/collected for August 2023. However, all amounts deducted/collected by a government agency are credited to the central government on the same day the tax is paid. without the production of an income tax challan.
September 14: TDS certificate
The July 2023 deadline for issuing a TDS certificate for tax deductions under Sections 194-IA, 194-IB, 194M, and 194S is September 14.
September 15: Form 24G, Pretax, Form 3BB
It is the last date a government office has filed Form 24G. It is for those who paid TDS/TCS before August 2023 without producing a challan.
It is also the final date to pay the second withholding tax bracket for the 2024-25 assessment year.
In addition, a statement in Form No. 3BB must be provided by an exchange in respect of transactions where client codes have been changed after registration in the system before August 2023.
September 30: TDS Challan, Audit Report, ITR, Form 9A
It is the due date for filing a challan-cum statement with respect to tax deducted in August 2023 under Sections 194-IA, 194-IB, 194M, and 194S.
An audit report under section 44AB must also be submitted by September for AY 2023-24 in the case of a corporate assessee or non-corporate assessee (who must file an income tax return by October 31, 2023).
It is also the deadline for submitting the application in Form 9A for exercising the option available under Explanatory Notes to Article 11(1) to apply the previous year’s income to the following year or in the future (if the taxpayer is obliged to submit a declaration of the income on November 30, 2023).
The statement in Form No. 10 must also be provided to collect income for future application under Section 10(21) or Section 11(1) (if the taxpayer is required to file an income return by November 30, 2023).
By September 30, taxpayers must file the quarterly statement of TCS and TDS filed for the quarter ended June 30, 2023.
