Compliance Calendar – January 2025
Table of Contents
Compliance Calendar: January 2025
Compliance Deadlines for January 2025
7 January 2025
- TDS/TCS Deposit
- Deposit TDS/TCS deducted or collected for December 2024, except for Sections 194-IA, 194-IB, 194M, and 194S.
- Quarterly TDS Deposit for October to December 2024 for taxpayers permitted under Sections 192, 194A, 194D, and 194H.
- GST Filing (GSTR-7 & GSTR-8)
- File returns for Tax Deducted (GSTR-7) and Tax Collected at Source (GSTR-8) under GST for December 2024.
11 January 2025
- GSTR-1 Filing (Monthly Filers)
- Submit the GSTR-1 return for monthly filers for December 2024.
13 January 2025
- GSTR-1 Filing (QRMP Scheme)
- Submit GSTR-1 for Quarterly filers under the QRMP Scheme for the October–December 2024 quarter.
14 January 2025
- Issue of TDS Certificates
- Issue TDS Certificates for tax deducted in November 2024 under:
- Section 194-IA: Immovable property transactions.
- Section 194-IB: Rent paid by individuals/HUFs.
- Section 194M: Payments to contractors/professionals.
- Section 194S: Virtual Digital Asset (VDA) transactions by specified persons.
- Issue TDS Certificates for tax deducted in November 2024 under:
15 January 2025
- Form 24G Submission
- For government offices depositing TDS/TCS for December 2024 without a challan.
- Quarterly Compliance for Q3 (October–December 2024)
- Form 27EQ: Quarterly TCS Statement.
- Form 15CC: Quarterly Foreign Remittance Statement.
- Form 15G/15H: Submission of declarations.
- Form 49BA: Submission for specified funds.
- Filing of Belated/Revised ITRs
- Last date to file belated/revised returns for AY 2024–25 (extended from 31 December 2024).
20–25 January 2025
- GSTR-3B Filing (Monthly Filers)
- Submit GSTR-3B for December 2024.
- GST Payment (PMT-06)
- Payment of GST for QRMP taxpayers for the October–December 2024 quarter.
30 January 2025
- Quarterly TCS Certificates
- Issue TCS certificates for the quarter ending 31 December 2024.
- Challan-Cum-Statement Filing
- File for December 2024 transactions under:
- Section 194-IA (Immovable property transactions).
- Section 194-IB (Rent).
- Section 194M (Contractor/Professional payments).
- Section 194S (Virtual Digital Assets).
- File for December 2024 transactions under:
31 January 2025
- Quarterly TDS Statements
- File TDS statements for the quarter ending 31 December 2024.
- Quarterly Non-Deduction Statement by Banks
- File for non-deduction of tax at source by banks for Q3 of FY 2024–25.
- Sovereign Wealth Fund Reporting
- Submit intimation regarding investments made in India for the quarter ending 31 December 2024.
Key Takeaways
- GST Filings: GSTR-1, GSTR-3B, GSTR-7, GSTR-8, and QRMP-related filings dominate the first half of the month.
- TDS/TCS: Deadlines for deposits, certificates, and quarterly statements occur throughout the month.
- ITR Compliance: The last date for belated/revised ITRs for AY 2024–25 falls on 15 January 2025.
- Quarterly Compliance: Covers TDS, TCS, remittance statements, and declarations like Form 15G/15H.
2025 Compliance Calendar
•Yellow: GST deadlines
•Green: Advance Tax
•Teal: TDS/TCS deadlines
•Blue: Income Tax Filing
•Purple: MCA Compliance
It covers monthly TDS payments, quarterly filings, and critical annual deadlines, ensuring no task is missed. Ideal for professionals and businesses to stay compliant throughout the year
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