Mumbai, September 1: When it comes to managing your money, tax planning is a crucial strategy. It's all about finding ways to pay less in taxes and save more. In September 2023, taxpayers should be aware of some important tax-related tasks to avoid problems and plan their finances wisely. You can check the income tax department's website for all the Income Tax Last Dates in September 2023.

A tax calendar helps people stay organised by letting them know important dates well ahead of time. It's a helpful tool to remember when you need to do tax-related tasks. We have done this work easy for you. Scroll down to check all the Income Tax Last Dates in September 2023. Important Deadlines in September 2023: From Free Aadhaar Update to Rs 2,000 Note Exchange, Check Last Date to Complete Personal Financial Works.

September 7:

September 14:

  • The last date to provide a TDS certificate for taxes deducted in July 2023 under Sections 194-IA, 194-IB, 194M, and 194S is September 14, 2023.

September 15:

  • Government offices need to submit Form 24G if they've paid TDS/TCS for August 2023 by September 15, 2023, without using a challan.

  • September 15 serves as the deadline for paying the second part of the advance tax for the 2024-25 assessment year.

  • By September 15, 2023, stock exchanges must provide a statement in Form No. 3BB for transactions where client codes were changed after being registered in the system for August 2023.

September 30:

  • A taxpayer must provide a statement with a payment receipt for taxes deducted in August 2023 under Sections 194-IA, 194-IB, 194M, and 194S by September 30.

  • The deadline for submitting an audit report under section 44AB for the 2023-24 assessment year, whether you're a corporate or non-corporate taxpayer.

  • For those who have to submit their income tax return on November 30, 2023, September 30 is the deadline to apply in Form 9A for an option that allows you to use this year's income in the next year or beyond, as explained in Section 11(1).

  • If you're accumulating income for future use under Section 10(21) or section 11(1), you must provide a statement in Form No. 10 by September 30.

  • Lastly, don't forget to submit the quarterly statement of TCS and TDS payments made for the quarter ending on June 30, 2023, by September 30.

Last week, the Income Tax Department improved its website incometaxindia.gov.in to make it better for taxpayers. The updated site has a more user-friendly design, extra features, and new sections to provide a more efficient and informative platform.

(The above story first appeared on LatestLY on Sep 01, 2023 02:21 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).