May 2026 is packed with crucial income tax compliance deadlines for taxpayers, deductors, collectors, trusts, exchanges, and reporting entities. Important due dates include deposit of STT/CTT by 7 May, issuance of TDS certificates and filing of Form 27EQ by 15 May, and major quarterly TDS/TCS filings like Forms 24Q, 26Q, 27Q, 27D, and 26QF by 30–31 May. Reporting requirements such as Forms 10BD, 10BE, 61A, 61B, and PAN applications for specified persons are also due during the month.
07-May-26
| Event | Description |
| Securities Transaction Tax / Commodities Transaction Tax | Securities Transaction Tax – Due date for deposit of tax collected for the month of April, 2026 |
| Securities Transaction Tax / Commodities Transaction Tax | Commodities Transaction Tax – Due date for deposit of tax collected for the month of April, 2026 |
15-May-26
| Event | Description |
| Form 16B | Due date for issue of TDS Certificate for tax deducted under section 194-IA in the month of March, 2026 |
| Form 16C | Due date for issue of TDS Certificate for tax deducted under section 194-IB in the month of March, 2026 |
| Form 16D | Due date for issue of TDS Certificate for tax deducted under section 194M in the month of March, 2026 |
| Form 16E | Due date for issue of TDS Certificate for tax deducted under section 194S in the month of March 2026 |
| Form 27EQ | Quarterly statement of TCS deposited for the quarter ending March 31, 2026 |
30-May-26
| Event | Description |
| Form 27D | Quarterly TCS certificate in respect of tax collected by any person for the quarter ending March 31st, 2026 |
| Form 52A | Statement to be furnished under section 285B of the Income-tax Act, 1961 by a person carrying on production of a cinematograph film or engaged in specified activity or both for Previous Year 2025-26 |
31-May-26
| Event | Description |
| – | Return of tax deduction from contributions paid by the trustees of an approved super annuation fund |
| – | “Application for allotment of PAN in case of non-individual resident person, which enters into a financial transaction of Rs. 2,50,000 or more during FY 2025-26 and has not been allotted any PAN. Application for allotment of PAN in case of person being managing director, director, partner, trustee, author, founder, karta, chief executive officer, principal officer or office bearer of the person referred to in Rule 114(3)(v) or any person competent to act on behalf of the person referred to in Rule 114(3)(v) and who has not allotted any PAN” |
| Form 10 | Statement to be furnished to the Assessing Officer/Prescribed Authority under clause (a) of the Explanation 3 to the third proviso to clause (23C) of section 10 or under clause (a) of sub-section (2) of section 11 of the Income-tax Act, 1961 (if the assessee is required to submit return of income on July 31, 2026) |
| Form 10BD | Statement of particulars to be filed by reporting person under clause (viii) of sub-section (5) of section 80G and clause (i) to sub-section (1A) of section 35 of the Income-tax Act, 1961 for the Financial Year 2025-26 |
| Form 10BE | Certificate of donation under clause (ix) of sub-section (5) of section 80G and under clause (ii) to sub-section (1A) of section 35 for the Financial Year 2025-26 |
| Form 26QF | Quarterly statement of tax deposited in relation to transfer of virtual digital asset under section 194S to be furnished by an exchange for the quarter ending March 31, 2026 |
| Form 24Q/26Q/27Q | Quarterly statement of TDS deposited for the quarter ending March 31, 2026 |
| Form 5BA | Certificate of an accountant under sub-rule (6) of rule 8B |
| Form 61A | Due date for furnishing of statement of financial transaction (in Form No. 61A) as required to be furnished under subsection (1) of section 285BA of the Act respect of a Financial Year 2025-26 |
| Form 61B | Due date for efiling of annual statement of reportable accounts as required to be furnished under section 285BA(1) (in Form No. 61B) for Financial year 2025-26 |
| Form 9A | Application for exercise of option under clause (2) of the Explanation to sub-section (1) of section 11 of the Income – tax Act, 1961 (if the assessee is required to submit return of income on or before July 31, 2026) |
