Standard Due Date for Companies

• The standard due date for corporate tax filing is October 31st of the assessment year.
  
• This applies to all companies whose accounts are required to be audited.
  
• For the financial year 2024–25 (assessment year 2025–26), the due date is October 31, 2025.
  
• This deadline includes filing of ITR-6 for companies other than those claiming exemption.
  
• Filing beyond this date may attract late fees and penalties.
  

Companies Requiring Transfer Pricing Audit

• Companies involved in international or specified domestic transactions must file Form 3CEB.
  
• The due date for such companies is November 30th of the assessment year.
  
• This includes filing of tax audit reports and accountant’s report.
  
• Documentation for transfer pricing must be maintained and submitted if requested.
  
• These companies must comply with stricter disclosure requirements.
  

Advance Tax Deadlines

• Companies must pay advance tax in four instalments during the financial year.
  
• Due dates are June 15, September 15, December 15, and March 15.
  
• Delay in advance tax payments attracts interest under sections 234B and 234C.
  
• Full advance tax must be paid by March 15 of the financial year.
  
• Payment of advance tax is mandatory for all companies, regardless of income level.
  

Audit Report Filing Timeline

• Companies subject to audit must file their tax audit report by September 30th.
  
• The audit report must be uploaded in Form 3CA/3CB and 3CD.
  
• Delay in audit filing may affect the due date compliance.
  
• Separate due dates apply for reporting under different audit provisions.
  
• Filing the audit report is a precondition for income tax return submission.
  

Penalties for Late Filing

• Late filing fee under section 234F may apply up to ₹10,000.
  
• Interest under section 234A applies on tax due after the deadline.
  
• Companies may face prosecution for willful default or misreporting.
  
• Losses cannot be carried forward if returns are filed after the due date.
  
• Timely compliance ensures eligibility for deductions and carry-forward benefits.