Importance of Month of January – 2015 for Income Tax and TDS

Today is last day of current calender year 2014 and day after today New Year 2015 starts.  The January-2015 is very important for Taxpayee and Deductor also.  The assessee can find their obligation toward income tax department through this income tax calendar which is as below:
Due Dates for January – 2015
7 January 2015
  • ​Due date for deposit of Taxdeducted / collected for the month of December, 2014

7 January 2015

  • ​​Due date for deposit of TDS for the period October 2014 to December 2014 when Assessing Officer has permitted quarterly deposit of TDS under sections 192, 194A, 194D or 194H.

15 January 2015

  • Quarterly statement of TDS / TCS deposited for the quarter ending December 31, 2014 (applicable in all cases of TDS / TCS except when tax is deducted by an office of the Government)

22 January 2015

  • ​Due date for issue of TDS Certificate for tax deducted under Section 194-IA in the month of December, 2014

30 January 2015

  • Quarterly TDS certificate (in respect of tax deducted for payments other than salary by a person not being an office of the Government) or quarterly TCS certificate (in respect of tax collected by any person) for the quarter ending December 31, 2014.

31 January 2015

  • Quarterly statement of tax deducted by an office of the Government for thequarter ending December 31, 2014

31 January 2015​

  • Quarterly return of non-deduction at source by a banking company from interest on time deposit in respect of the quarter ending December 31, 2014

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