Taxpayers Alert: September 7, 14, 15 and 30 Are Key Deadlines, Check What Needs to Be Done
September is an important month for several taxpayers, businesses and professionals, with multiple tax-related deadlines falling during the month. The key dates cover TDS and TCS payments, TDS certificates, the second advance tax instalment and tax audit reports.
However, these deadlines do not apply to everyone. What matters to you depends on your income and whether you are employed, running a business or working in a profession.
Companies, employers and other businesses or organisations responsible for deducting TDS or collecting TCS need to keep this date in mind. Some government offices may follow different tax filing rules.
It is advisable to check the TDS deducted and TCS collected during August in advance to avoid missing the deadline.
Individuals and entities required to issue TDS certificates must provide the prescribed certificate, Form 132, by this date.
For taxpayers, the certificate helps verify whether the tax deducted from their income has been properly recorded.
Under the normal instalment scheme for 2026-27, at least 45% of the estimated total tax liability for the year must be deposited by September 15.
Advance tax generally applies when the estimated tax liability for the year is ₹10,000 or more. However, certain rules and exemptions may apply depending on the taxpayer's circumstances.
For general taxpayers, the advance tax instalment schedule is:
Individuals or entities whose accounts are required to undergo a tax audit must submit their tax audit report by this date.
For taxpayers whose audited ITR deadline for 2026-27 is October 31, the tax audit report deadline is typically September 30.
Whether a business or professional is subject to tax audit depends on factors such as turnover, receipts and other requirements under tax law.
Checking the relevant records and requirements early can help taxpayers, businesses and professionals stay prepared for the September 2026 deadlines.
However, these deadlines do not apply to everyone. What matters to you depends on your income and whether you are employed, running a business or working in a profession.
September 7: TDS and TCS payment deadline
September 7 is the deadline for depositing TDS and TCS related to August 2026.Companies, employers and other businesses or organisations responsible for deducting TDS or collecting TCS need to keep this date in mind. Some government offices may follow different tax filing rules.
It is advisable to check the TDS deducted and TCS collected during August in advance to avoid missing the deadline.
September 14: TDS certificate deadline
September 14 is the deadline for issuing TDS certificates for tax deducted in July 2026.Individuals and entities required to issue TDS certificates must provide the prescribed certificate, Form 132, by this date.
For taxpayers, the certificate helps verify whether the tax deducted from their income has been properly recorded.
September 15: Second advance tax instalment
September 15 is an important date for taxpayers who are required to pay advance tax.You may also like
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Under the normal instalment scheme for 2026-27, at least 45% of the estimated total tax liability for the year must be deposited by September 15.
Advance tax generally applies when the estimated tax liability for the year is ₹10,000 or more. However, certain rules and exemptions may apply depending on the taxpayer's circumstances.
For general taxpayers, the advance tax instalment schedule is:
June 15: At least 1%
September 15: Up to 45%
December 15: Up to 75%
March 15: 100%
September 30: Tax audit report deadline
September 30 brings another important deadline for certain businesses and professionals.Individuals or entities whose accounts are required to undergo a tax audit must submit their tax audit report by this date.
For taxpayers whose audited ITR deadline for 2026-27 is October 31, the tax audit report deadline is typically September 30.
Whether a business or professional is subject to tax audit depends on factors such as turnover, receipts and other requirements under tax law.
Check which deadlines apply to you
Not every September tax deadline applies to every taxpayer. TDS and TCS deadlines mainly concern those responsible for deducting or collecting tax, while advance tax and audit requirements depend on individual circumstances and applicable tax rules.Checking the relevant records and requirements early can help taxpayers, businesses and professionals stay prepared for the September 2026 deadlines.
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