“Income Tax Bombshell: Huge Changes for June 2025 Filers Revealed!”

Income Tax Compliance Deadlines for June 2025 in India

Staying aware of important income tax compliance deadlines is essential for taxpayers getting ready for the fiscal year 2025–2026 in order to prevent penalties and guarantee a seamless filing process.

An extensive summary of the important dates and commitments for June 2025 may be found below:

Income tax calendar highlighting June 2025 tax compliance deadlines in India"

Income tax calendar highlighting June 2025 tax compliance deadlines in India”

📅 Advance Tax Payment

The deadline is June 15, 2025.

All taxpayers with a total tax liability of more than ₹10,000 during a fiscal year are affected.

Details of the installation:

15% of the projected tax liability is the first installment.

The second installment is equal to 45% of the total projected tax obligation.

75% of the total projected tax liability is due in the third installment.

100% of the total estimated tax liability (cumulative) is the final installment.

Note: Sections 234B and 234C of the Income Tax Act stipulate that interest may be assessed for late advance tax payments.
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🧾 Income Tax Return (ITR) Filing Deadlines

Date of Original Due: July 31, 2025

Date of Revision: September 15, 2025

Note: To provide taxpayers more time to finish their files without incurring fines, the Central Board of Direct Taxes (CBDT) has extended the deadline for filing ITRs for the Assessment Year 2025–2026 to September 15, 2025. . The Times of India

📄 TDS/TCS Compliance

The deadline is June 15, 2025.

The issuance of TDS certificates for the month of May 2025 under several sections, such as 194-IA, 194-IB, 194M, and 194S, is required.

Note: In order to prevent compliance problems, employers and deductors must guarantee prompt issuance.

Income tax calendar highlighting June 2025 tax compliance deadlines in India"

Income tax calendar highlighting June 2025 tax compliance deadlines in India”

📊 Goods and Services Tax (GST) Compliance

The deadline is June 11, 2025.

GSTR-1 filing for the month of May 2025 is required.

Note: Companies that generate more than ₹5 crore in revenue must submit GSTR-1 every month.

📝 Professional Tax Return

The deadline is June 10, 2025.

Professional tax returns for the month of May 2025 must be filed.

Note: In order to avoid fines, professionals who are liable to professional tax must make sure they file on time.

📌 Important Considerations

ITR Filing Delay: Taxpayers are advised to wait until after June 15, 2025, to file their ITRs. Filing before this date may lead to discrepancies due to the unavailability of updated documents like Form 26AS and the Annual Information Statement (AIS)

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Interest on Refunds: Although the extended ITR reporting deadline gives taxpayers additional time, the government may be required to pay more interest on refunds that are delayed.

Income tax calendar highlighting June 2025 tax compliance deadlines in India"

Income tax calendar highlighting June 2025 tax compliance deadlines in India”

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