π Income Tax Compliance Alert: Form No. 64B Filing Due Soon!
FY 2024–25 | π️ Due Date: 30th June 2025
Attention Business Trusts! The deadline to file Form 64B for Financial Year 2024–25 is fast approaching. Don’t risk non-compliance or penalties — act now and stay tax-ready.
π What is Form 64B?
Form No. 64B is a statement of income distributed by a Business Trust (like REITs or InvITs) to its unit holders.
As per Section 115UA of the Income Tax Act, 1961, a business trust must:
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Declare income distributed to unit holders,
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And furnish a statement in Form 64B to the Income Tax Department.
This enables unit holders to correctly report the income in their individual tax returns.
π§Ύ Who Must File Form 64B?
Any Business Trust (Registered under SEBI regulations), such as:
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π’ Real Estate Investment Trusts (REITs)
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π️ Infrastructure Investment Trusts (InvITs)
that distributes income to its unit holders is mandatorily required to file Form 64B.
π Deadline for Filing
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Due Date: 30th June 2025
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Assessment Year: 2025–26
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Period Covered: Income distribution during FY 2024–25
⚠️ Why is Timely Filing Important?
Non-filing or late filing can lead to:
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❌ Penalties and Interest under Income Tax rules
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π¨ Scrutiny or Notices from the Income Tax Department
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π Compliance Risk affecting your reputation with unit holders and investors
π Key Details Required for Filing:
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Details of distributed income
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PAN details of unit holders
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Amount and nature of income (interest, dividend, rental, etc.)
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Date of distribution
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Certificate of audit (if applicable)
✅ Stay Compliant with TAXLA SERVICES
At Taxla Services, we provide expert assistance in income tax compliance and regulatory filing, including:
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π Preparation & validation of Form 64B
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π€ Online filing with the Income Tax Department
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π© Coordination with auditors and legal advisors
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π Timely reminders & updates
π Contact us today: +91 9600076134 / 7200509886
π§ Email: auditsiva2@gmail.com
π Website: www.taxlaservices.com
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