Today is 15th January and this date is also the last date to complete many tasks related to income tax. Today is the last day to file Form 15cc, Form 15G, Form 15H, Form 49BA. If you also have to file this, then complete this work today at any cost. Otherwise it can cost you dearly. The Income Tax Department has also flashed information on its official website regarding these deadlines.

Form 15CC

According to the Income Tax Department, every authorized dealer transferring funds to a non-resident, not being a company, or a foreign company, is required to furnish quarterly details of such fund transfer in Form 15CC. Please note, Form 15CC can be submitted only through online mode. To file the form online, log in to the e-filing portal, select the form, prepare the form and submit it. It is required to be submitted electronically to the competent authority of the Income Tax Department within 15 days from the end of the quarter of the financial year to which such payment is related.

Form 15G/15H

Form 15G and Form 15H are self-declaration forms that taxpayers submit to the bank and request that TDS be not deducted on interest income as their income is below the basic exemption limit. For this, PAN is required. Some banks allow you to submit these forms online through the bank's website. In such a situation, you must submit this form to your bank today, so that TDS (tax deduction at source) is not deducted.

Form 49BA

The last date for filing Form 49BA by funds specified under Rule 114AAB for October-December 2024 is January 15. Alternative Investment Funds (AIFs) are required to furnish quarterly details in Form No. 49BA. It has to submit the declaration received from the taxpayer within 15 days from the end of the quarter to which the details relate. Apart from this, stock brokers are required to submit quarterly details in Form No. 49BA. If you are also responsible for filing this form, then complete this work today. Form 49BA has to be submitted electronically through the e-filing portal.

The deadline for these works is January 30

According to the Income Tax Department, TCS certificate, Form 26QB, Form 26QC, Form 26QD and Form 26QE have to be filed by January 30. In such a situation, you have only 15 days left from today. It is wise to fulfill these obligations by the stipulated deadline. The deadline for filing Form-II is January 31.