return to news
  1. Upstox
    /
  2. News
    /
  3. Personal Finance News
    /
  4. Tax
    /
  5. May 2026 income tax deadlines: Key TDS, TCS and compliance dates you should not miss

Personal Finance News

May 2026 income tax deadlines: Key TDS, TCS and compliance dates you should not miss

Upstox
By Upstox News Desk

2 min read | Updated on May 04, 2026, 16:10 IST

Google
SelectUpstoxas yourPreferred news source
Copy link
Twitter Page
Linkedin Page
Whatsapp Page

SUMMARY

Taxpayers, employers, banks, and reporting institutions must maintain compliance throughout the month in May, from depositing tax deducted in April to filing statements and issuing certificates.

may 2026 tax deadline

May is one of those months when tax compliance gets a little hectic. | Image: Shutterstock.

Income tax compliance deadlines for TDS, TCS, certificate issuance, quarterly filings, and other reporting procedures are all scheduled for May 2026. Taxpayers, employers, banks, and reporting institutions must maintain compliance throughout the month, from depositing tax deducted in April to filing statements and issuing certificates. May 7, May 15, May 30, and May 31 are important deadlines.
Open FREE Demat Account within minutes!
Join now
May 7, 2026

  • Due date for deposit of TDS/TCS deducted or collected in April 2026.

  • Government offices must deposit tax on the same day if paid without a challan.

  • Declaration under Section 394(2) for obtaining goods without TCS (April 2026).

May 15, 2026

  • Issue of TDS certificates (Sections 194-IA, 194-IB, 194M) for March 2026 deductions.

  • Filing of Form 24G by government offices for TDS/TCS paid without a challan (April 2026).

  • Monthly statement by stock exchanges for client code modifications (April 2026).

  • Quarterly TCS statement for quarter ending March 31, 2026.

  • Statement by recognised associations for client code modifications (April 2026).

May 30, 2026

  • Issue of TCS certificates for Q4 of FY 2025-26.

  • Filing of statement under Section 285B for FY 2025-26.

  • Challan-cum-statement of TDS under Section 393(1) for April 2026.

May 31, 2026

  • Quarterly TDS statement for quarter ending March 31, 2026.

  • Return of TDS from approved superannuation fund contributions.

  • Certificate of donation in Form 10BE for FY 2025-26.

  • Form 10 certificate for income accumulation under Sections 10(21)/11(1).

  • Statement of financial transactions (Form 61A) for FY 2025-26.

  • Annual reportable accounts filing (Form 61B) by financial institutions.

  • Application for PAN allotment (various categories).

  • Application in Form 9A for income application option.

  • Statement of donation (Form 10BD) for FY 2025-26.

  • CA certificate for zero-coupon bond notification cases.

With multiple overlapping TDS, TCS, and reporting dates scheduled back-to-back, May is one of those months when tax compliance gets a little hectic. Therefore, timely filing becomes crucial to stay compliant and avoid unnecessary trouble.
For all personal finance updates, visit here

About The Author

Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

Next Story