Due Date for Income tax Compliance (November 2023)
| Due Date |
Compliance |
| 7th November 2023 |
Deposit of TDS/ TCS deducted/collected for the month of October, 2023. |
| 14th November 2023 |
Issue of TDS Certificates for TDS deducted in the month of September, 2023 :
• Purchase of Immovable Property
• Payment of rent above ₹ 50,000 p.m. by Individual or HUF
• On Commission, Contractual Payment, Professional Fee above ₹ 50 Lakhs in a financial year
• Payment on transfer of Virtual Digital Assets |
| 15th November 2023 |
Furnishing of Form 24G by an office of the Government where TDS/TCS for the month of September, 2023 has been paid without the production of a Challan.
Quarterly TCS/TDS certificate (in respect of tax deducted for payments other than salary) for the quarter ending September 30, 2023. |
| 30th November 2023 |
Furnishing of Challan Cum Statement for TDS withheld in the Month of October, 2023:
• Purchase of Immovable Property
• Payment of rent above ₹ 50,000 p.m. by Individual or HUF
• On Commission, Contractual Payment, Professional Fee above ₹ 50 Lakhs in a financial year.
• Payment on transfer of Virtual Digital Assets |
| 30th November 2023 |
Filing return of income for the Assessment Year 2023-24 for
• an assessee who is required to furnish a report under section 92E pertaining to international or specified domestic transaction(s)
• The due date of furnishing of Return of Income in Form ITR-7 (The due date has been extended from October 31, 2023 to November 30, 2023 vide Circular no. 16/2023, dated 18-09-2023) |
1. Electronic filing of Form 10F become mandatory from 1.10.2023
Non-residents claiming the benefits of the tax treaty as well as to the resident taxpayers while undertaking foreign remittances, require mandatory furnishing of Form 10F electronically.
On consideration of the practical challenge, non-resident taxpayers who are not having PAN and not required to have PAN as per relevant provisions of the Income-tax Act, were exempted from mandatory electronic filing of Form 10F till 31.03.2023 which was further extended till 30.09.2023.
Till now, no further extension is received. Thus, Form 10F cannot be submitted manually and electronic filing become mandatory from 1.10.2023.
