Today is the last day of October. With the beginning of the month of November, this month is very important for taxpayers. In this month, you will have to complete many tax related tasks so that you do not face any problems later.

According to the information given on the official website of the Income Tax Department, many important tax related works have due dates in the month of November. In such a situation, a tax calendar has been issued regarding these dates. If you are also a taxpayer then we are telling you what are the deadlines for the next tasks.

Deposit taxes by November 7, 2023

The deadline for depositing the tax deducted or collected in the month of October ends on November 7, 2023. It is worth noting that the tax deducted by any government office will be paid to the government account on the same day on which the tax is paid. There will be no need for income tax challan for this.

Get TDS certificate by November 14, 2023

The deadline for obtaining TDS certificate of TDS deducted under Section 194-IA, Section 194-IB, Section 194M and Section 194S for the month of September, 2023 is ending on November 14, 2023. In this way, to get TDS certificate under these sections, you should apply before the due date.

Submit quarterly TDS certificate by November 15, 2023

If you have not yet submitted the TDS certificate for the quarter ending September 30, 2023, then you have time till November 15, 2023. This TDS certificate is for taxes other than salary. At the same time, the due date for submitting Form 24G of TDS deposited without challan in the month of October is also ending on 15th November. Taxpayers will have to submit the statement in Form November 3BB to the stock exchange in which the client code is mentioned.

This deadline is ending on November 30, 2023

The deadline for submitting challan details under Section 194-IA, Section 194-IB, Section 194 M and Section 194S is October 2023. At the same time, if you have also done any specific domestic or international transaction, then the deadline for filing returns for assessment year 2023-24 is ending on 30th November.

The deadline for submitting details of the amount earned by the venture capital company in the financial year 2022-23 is ending on November 30. For this you will have to submit form number 64. The deadline for submission of Form 3CEFA for international transactions under safe port rules is also ending on November 30.

The post Income Tax Deadline: Complete important tax related tasks before these dates in November! see list here first appeared on Rightsofemployees.com.

It has been decided to give big relief to taxpayers in exemption. Its new order has been issued by the Finance Ministry.

Tax will not have to be paid on this amount The Income Tax Department has recently issued a new order for tax exemption, giving great relief to taxpayers. According to this new order, from now on taxpayers will get the benefit of exemption in income tax on the amount received for treatment. That is, you will not have to pay tax on this amount.

CBDT has released the form for exemption

Let us tell you that the Income Tax Department keeps on changing the rules from time to time keeping in mind the facilities of the taxpayers. Information in this regard has been given by the Central Board of Direct Taxes (CBDT). CBDT had recently also issued a form for income tax exemption on new conditions and expenses incurred on the treatment of corona.

Documents to be submitted along with the form

According to the notification of 5 August 2022, from now on your employer will have to submit a form to the Income Tax Department along with some documents, on the amount received from the employer or relatives for the treatment of corona. Tax exemption can be claimed.

Apart from this, the Income Tax Department had digitized the tax exemption form keeping in mind the facilities of the people and to promote digitization, so that people do not face any kind of trouble and Had to go round the offices.

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