June is an important month for taxpayers, employers, deductors, businesses, trusts, and investment funds, with several statutory tax compliance deadlines falling during the month.
📅 Key Income Tax Deadlines – June 2026
Date Compliance Requirement
7 June 2026 Deposit of Securities Transaction Tax (STT) and Commodities Transaction Tax (CTT) collected during May 2026
15 June 2026 First installment of Advance Tax (15% of estimated FY 2026-27 tax liability)
15 June 2026 Issue of Form 16 (Salary TDS Certificate) for FY 2025-26
15 June 2026 Issue of Form 12BA (Perquisites and Benefits Statement)
15 June 2026 Issue of Form 16A for TDS on non-salary payments
15 June 2026 Issue of Form 64A by Business Trusts
15 June 2026 Filing of Form 64D by Alternative Investment Funds (AIFs)
15 June 2026 Submission of Form 64E relating to securitisation trusts
29 June 2026 Submission of Form 3CEK by eligible investment funds
30 June 2026 Filing of STT and CTT returns for FY 2025-26
30 June 2026 Filing of Form 26QAA for non-deduction of TDS on bank time deposits (Q4 FY25-26)
30 June 2026 Filing of Form 64B and other income distribution statements
Key Date for Salaried Employees
15 June 2026 – Form 16 Issuance
Employers are required to issue:
Form 16 (Salary TDS Certificate)
Form 12BA (Perquisites and Benefits Statement)
These documents are essential for filing Income Tax Returns (ITR) for Assessment Year 2026-27.
Advance Tax Deadline
15 June 2026
Taxpayers liable for advance tax must pay:
15% of their estimated tax liability for FY 2026-27
This generally applies to:
Business owners
Professionals
Freelancers
Investors with significant income
Individuals whose tax liability exceeds ₹10,000 after TDS adjustments
Failure to pay advance tax on time may attract interest under Sections 234B and 234C of the Income-tax Act.
Important for Businesses and Financial Institutions
Entities such as:
Alternative Investment Funds (AIFs)
Business Trusts
Securitisation Trusts
Investment Funds
Banks and Financial Institutions
Must ensure timely filing of the prescribed reporting forms before the month-end deadlines.
Why These Dates Matter
Timely compliance helps taxpayers:
✅ Avoid interest and penalties
✅ Ensure smooth processing of tax returns
✅ Maintain regulatory compliance
✅ Prevent notices and follow-up queries from tax authorities
Quick Reminder
The most important dates for most individual taxpayers are:
7 June 2026 – STT/CTT payment deadline (for applicable entities)
15 June 2026 – Advance Tax installment and Form 16 issuance
30 June 2026 – Various reporting and return filing obligations
Keeping track of these dates can help ensure a smooth tax filing season for FY 2025-26 and FY 2026-27.
Disclaimer:
This article is intended solely for educational and informational purposes. The securities or companies mentioned are provided as examples and should not be considered as recommendations. Nothing contained herein constitutes personal financial advice or investment recommendations. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions.
Investments in securities markets are subject to market risks. Please read all related documents carefully before investing.
