Everything You Need to Know About Filing Form No. 61 – Due by 30th April 2025

 

📄 Everything You Need to Know About Filing Form No. 61 – Due by 30th April 2025

As the Financial Year 2024-25 draws to a close, it’s important to stay updated with all critical tax compliance deadlines. One such important requirement is the filing of Form No. 61. Let's understand what it is, who needs to file it, and why timely submission is essential.

What is Form No. 61?

Form No. 61 is a declaration form that is required when a person does not have a Permanent Account Number (PAN) but undertakes transactions where quoting PAN is mandatory.
Entities collecting these declarations must submit the details through Form No. 61 to the Income Tax Department.

Key Deadline

🗓️ Due Date:
The last date to file Form No. 61 for declarations received between October 1, 2024, and March 31, 2025, is 30th April 2025.

Failure to file Form No. 61 within the stipulated time could lead to penalties under the Income Tax Act.

Who Should File?

  • Banks

  • Financial Institutions

  • Dealers in goods or property

  • Companies issuing shares or debentures

  • Other entities receiving declarations in Form No. 60

Why Filing Form No. 61 is Important

✔️ Compliance with income tax regulations
✔️ Avoid penalties and legal complications
✔️ Maintain proper transaction records
✔️ Build a credible business profile

Documents Required

  • Declarations in Form No. 60 collected during the applicable period.

  • Details such as name, address, mode of transaction, and amount involved.

How Taxla Services Can Help

At Taxla Services, we assist businesses and individuals with timely and accurate tax compliance services, ensuring you never miss a deadline.
Our experienced team takes care of all documentation, filing, and compliance processes so you can stay stress-free.

📞 Contact Us Today!

✅ For expert assistance in filing Form No. 61 and all other income tax matters:

📞 +91 9600076134 / 6374812546
📧 Email: auditsiva2@gmail.com
🌐 Website: www.taxlaservices.com
📍 19, SBI Colony 3rd Street, Saligramam, Chennai – 600093

📢 Stay Compliant, Stay Stress-Free!

#Form61 #IncomeTaxCompliance #TaxDueDate #Form60 #TaxlaServices #ChennaiTaxExperts #StayCompliant #IncomeTaxIndia



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