Compliance Calendar for Smart Strategies & Big Savings!
At Biz Setup Global, our experienced team of Chartered Accountants is here to assist you in navigating the complexities of the tax landscape and unlocking potential savings. And so, we have created a Statutory and Tax Compliance Calendar for your convenience.
| S.No | Statue | Purpose | Due Date | Compliance Details |
|---|---|---|---|---|
|
1 |
Income Tax |
Within 30 days from the end of the month in which tax was deducted |
The due date for furnishing challan-cum-statement regarding tax deducted under sections 194-IA, 194-IB & 194-IM. |
|
|
2 |
Income Tax |
07th of the following month except in the case of April where the due date is 30th April for TDS deducted in the month of March. |
The due date of depositing TDS/TCS liabilities under the Income Tax Act, 1961, for the previous month. |
|
|
3 |
GST |
10th of the following month |
GSTR 7 is a return to be filed by the persons required to deduct TDS (Tax deducted at source) under GST. |
|
|
4 |
GST |
10th of the following month |
GSTR-8 is a return to be filed by the e-commerce operators who must deduct TCS (Tax collected at source) under GST. |
|
|
5 |
GST |
11th of the following month 13th of the following month |
1. GST Filing of returns by a registered person with aggregate turnover exceeding INR 5 Crores during the preceding year. 2. Registered persons with aggregate turnover of less than INR 5 Crores during the preceding year opted for monthly return filing under QRMP. |
|
|
6 |
GST |
IFF (Invoice Furnishing Facility) |
13th of the subsequent month if filling on monthly basis If filling quarterly, then 13th from the end of the quarter |
GSTR-1 of a registered person with turnover less than INR 5 Crores during the preceding year and who has opted for quarterly return filing under QRMP. |
|
7 |
GST |
13th of the subsequent month |
The due Date for filing returns by Input Service Distributors. |
|
|
8 |
Income Tax |
On or before 15th June- 15% of the advance tax On or before 15th September – 45% of the advance tax less tax already paid On or before 15th December – 75% of the advance tax less tax already paid On or before 15th March -100% less tax already paid By 15th of the March of the financial year |
a. Fourth installment of advance tax for the assessment year 2024-25; and b. The due date for payment of the whole amount of advance tax in respect of the assessment year 2024-25 for the assessee covered under the presumptive scheme of section 44AD / 44ADA. |
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|
9 |
Income Tax |
15th of the subsequent month except in case of April its 30th for the TDS deducted for the month of March |
The due date for furnishing Form 24G by an office of the Government where TDS/TCS has been paid without producing a Challan. |
|
|
10 |
Labour Law |
Provident Fund / ESI |
15th of the subsequent month |
The due date for payment of Provident fund and ESI contribution for the previous month. |
|
11 |
Inome Tax |
15 days from date of filing return |
The due date for the issue of the TDS Certificate for tax deducted under sections 194-IA, 194-IB & 194-M. |
|
|
12 |
GST |
20th of the next month, 22nd of the following quarter, and 24 as per the state jurisdiction |
1. GST Filing of returns by a registered person with aggregate turnover exceeding INR 5 Crores during the preceding year. 2. Registered persons with aggregate turnover of less than INR 5 Crores during the preceding year opted for monthly return filing under QRMP. |
|
|
13 |
GST |
13th of the next month |
GSTR-5 will be filed by a Non-Resident Taxable Person for the previous month. |
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|
14 |
GST |
20th of the next month |
OIDAR service providers will file GSTR-5A for the previous month. |
|
|
15 |
GST |
Due date of Payment of Tax |
22nd of the following quarter and 24 as per the state jurisdiction |
The due date of payment of GST liability by the registered person whose aggregate turnover was less than INR 5 Crores during the preceding year and who has opted for quarterly return filing. |
|
16 |
Income Tax |
Within 30 days from the end of the month in which tax was deducted |
The due date for furnishing challan-cum-statement regarding tax deducted under sections 194-IA, 194-IB & 194-M. |
|
|
17 |
Income Tax |
12 months from the end of the reporting Accounting year,31st December |
Country-By-Country Report in Form No. 3CEAD for the previous year by a parent entity or the alternate reporting entity, resident in India, in respect of the international group of which it is a constituent of such group. |
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|
18 |
Income Tax |
After recent amendment, it can be filed till the end of the assessment year |
Uploading of statement [Form 67] of foreign income offered to tax and tax deducted or paid on such income in the previous year to claim foreign tax credit [if the return of income has been furnished within the time specified under section 139(1) or section 139(4). |
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|
19 |
Income Tax |
Form 24Q |
Quarterly filing- Apr-June – 31st July July-Sept – 31st October Oct-Dec – 31st January Jan-March – 31st May |
Form for filing details of the TDS deducted for the respective quarter in case of salaries |
|
20 |
Income Tax |
Form 26Q |
Quarterly filing- Apr-June- 31st July July-Sept- 31st October Oct-Dec- 31st January Jan-March-31st May |
Form for filing details of the TDS deducted for the respective quarter for other than salaries |
*Note 1: Opting for QRMP Scheme- Due Date for filling GSTR – 3B with Annual Turnover up to 5 Crore in State A Group (Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, Daman & Diu, and Dadra & Nagar Haveli, Puducherry, Andaman, and the Nicobar Islands, Lakshadweep).
**Note 2: Opting for QRMP Scheme- Due Date for filling GSTR – 3B with Annual Turnover up to 5 Crore in State B Group (Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand, Odisha, Jammu and Kashmir, Ladakh, Chandigarh, Delhi).
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