Statutory And Tax Compliance Calendar – June,2020 And Those Extended Due Dates

Hello Friends, hope you are all staying safe from pandemic virus which is roaming around. Due to COVID – 19, Government of India has extended many of the statutory and tax compliances for our benefit and to be burden free in this lockdown era.

This article lists out the few important dates of Compliance for Income Tax, GST, PF, PT & ESIC, and Company & LLP compliance filings which fall due in June,2020 and those extended due dates by various circulars, notifications updated till May 31,2020. Please note list of compliances mentioned may not be exhaustive list.

Compliance

Nature Particulars Due Date (including extended date)

INCOME TAX

TDS/TCS Deposit of Tax deducted / collected (Challan No. 281) for the month of May,2020. However , all sum deducted /collected by an office of the government shall be paid to the Central Government on the same day where tax is paid without production of Challan. 07.06.2020
TDS Certificate Issue of TDS Certificate in Form 16D for tax deducted under Section 194M (TDS on payment to resident contractor or resident professional) and under Section 194N (TDS on Cash Withdrawal in excess of INR 1 Crore for the month of April,2020 14.06.2020
Advance Tax First Instalment of the advance tax (15%) by all assesses (other than 44AD & 44ADA presumptive cases) in (Challan No. 280) for the assessment year 2021-22. 15.06.2020
Transactions by Stock Exchange Furnishing Statement in Form no. 3BB by a stock exchange in respect of transactions in which client codes been modified after registering in the system for the month of May,2020. 15.06.2020
TDS Return Quarterly statement of TDS in Form 24Q, 26Q, 27Q deposited for the quarter ending March 31,2020 was 31.05.2020. However, it could be deposited till 30.06.2020 without any late fee. 30.06.2020
TCS Return Quarterly statement of TCS in Form 27EQ deposited for the quarter ending March 31, 2020 was 15/05/2020. However it could be deposited till 30.06.2020 without any late fee 30.06.2020
TCS Certificate Issue of TCS certificate in Form No. 27D for the fourth quarter of the Financial Year 2019‐20. 30.06.2020
Form 16 Certificate Form 16 of tax deducted at source to employees in respect of salary paid and tax deducted during Financial Year 2019‐20 30.06.2020
Form 16A Quarterly TDS certificates Form 16A (in respect of tax deducted for payments other than salary) for the quarter ending March 31, 2020. 30.06.2020
TDS Payment Payment of TDS Deducted in March, April, May (both Salary & non‐salary) in Challan No.281 with interest @ 0.75% pm. 30.06.2020
TCS Payment Payment of TCS collected in March, April, May in Challan No.281 with interest @ 0.75% pm 30.06.2020
TDS on Immovable Property Furnishing of challan‐cum‐statement in Form No. 26QB in respect of tax deducted under section 194‐IA (TDS on Immovable property) for the month of May, 2020 (Including for the month of Feb, Mar & Apr, 2020 with interest @ 0.75 % p.m.) 30.06.2020
TDS on Certain Rent Payment Furnishing of challan‐cum‐statement in Form No. 26QC in respect of tax deducted under section 194‐IB (TDS on Certain Rent payment) for the month of May, 2020 (Including for the month of Feb, Mar & Apr, 2020 with interest @ 0.75 % p.m.) 30.06.2020
TDS on payment to resident contractor / professional & TDS on Cash Withdrawal > 1 crores Furnishing of challan‐cum‐statement in Form No. 26QD in respect of tax deducted under section 194‐M (TDS on payment to resident contractor or resident professional) and under section 194‐N (TDS on cash withdrawal in excess of Rs 1 crore) for the month of May, 2020. 30.06.2020
TDS / TCS  Return by Government Furnishing of Form 24G by an office of the Government where TDS/TCS for the month of Mar, Apr & May, 2020 has been paid without the production of a challan 30.06.2020
TDS Certificate (Immovable Property) Issue of TDS Certificate in Form 16B for tax deducted under section 194‐IA (TDS on Immovable property), for the month of Feb, March, April 2020. 30.06.2020
TDS Certificate (Certain Rent Payment) Issue of TDS Certificate in Form 16C for tax deducted under section 194‐IB (TDS on Certain Rent payment) for full year 2019‐2020. 30.06.2020
Income Tax Return Filing of Original, belated and revised return (ITR 1 to 7) for the Assessment Year 2019‐20 (F.Y. 2018-19) 30.06.2020
Advance Tax Payment of balance Advance Income Tax by All (for Sec 234B & 234C) for F.Y.2019‐20 with interest @ 0.75% pm. 30.06.2020
Declaration Form 15G/15H Filing Form 15G/15H for last quarter i.e. March,2020 was 30th April,2020. However, it could be deposited till 30.06.2020 without any late fee 30.06.2020
Declaration Form 61 If Form 61 is received from 1st October,2019 to 31st March,2020 the due date for the declaration was 30th April,2020 of the following financial year in which Form 61 is received. However, it could be deposited till 30.06.2020 without any late fee 30.06.2020
Equalisation levy E-filing of Annual Statement of Equalisation Levy (Google Tax/Tax on Digital Ads) for 2019‐20. 30.06.2020
Investments for F.Y.2019-20 The date for making various investment/payment for claiming deduction under ChapterVIAB of IT Act which includes Section 80C (LIC, PPF, NSC etc.), 80D (Mediclaim), 80G (Donations), etc. has been extended to 30th June, 2020. Hence the investment/payment can be made up to 30.06.2020 for claiming the deduction under these sections for FY 201920. 30.06.2020
Capital Gain Investment The date for making investment/construction/purchase for claiming roll over benefit/deduction in respect of capital gains under sections 54 to 54GB of the IT Act has also been extended to 30th June 2020. Therefore, the investment/ construction/ purchase made up to 30.06.2020 shall be eligible for claiming deduction from capital gains arising during FY 201920. 30.06.2020
PAN – Aadhar Linking Linking of PAN with Aadhaar as specified under sub‐section 2 of Section 139AA of the Income‐tax Act,1961 has been extended to 30th June, 2020 due to COVID – 19 outbreaks. 30.06.2020
Replying to Notices, etc. Replying to Notices, Assessments, Appeals, Revisional matters and any compliance matters Taxpayers will get more time for replying to notices, assessments, appeals and compliances, till 30.06.2020 30.06.2020
Non-Payment of Income Tax It has provided that reduced rate of interest of 9% p.a. shall be charged for non‐payment of Income‐tax (e.g. advance tax, TDS, TCS) Equalization Levy, Securities Transaction Tax (STT), Commodities Transaction Tax (CTT) which are due for payment from 20.03.2020 to 29.06.2020 if they are paid by 30.06.2020. Further, no penalty/ prosecution shall be initiated for these non‐payments. 30.06.2020
Declaration in Form 61 Form 61 has to be received during 1st April,2020 to 30th September,2020 the due date for the declaration is 31st October,2020 31.10.2020
Tax Audit Tax audit u/s 44AB in Form 3CD has been extended from 30th September 2020 to 31st October 2020. 31.10.2020
Income Tax Return Filing F.Y. 2019-20 Due date of all income‐tax return (Form ITR 1 to 7) for FY 2019‐20 extended from 31st July 2020 & 31st October 2020 to 30th November 2020. 30.11.2020
Vivad Se Vishwas Declaration and Payment of disputed amount of tax & Waiver of interest and penalty under Vivad se Vishwas Scheme without additional payment. 31.12.2020
GOODS AND SERVICE TAX (GST)
Dealers having turnover more than 5 crores
Month Return Due Date Extended Date Interest Late Fee
Feb,2020 GSTR – 3B 20.03.2020 24.06.2020 Nil till 04.04.2020 & 9% thereafter Nil
Mar,2020 GSTR – 3B 20.04.2020 24.06.2020 Nil till 05.05.2020 & 9% thereafter Nil
Apr,2020 GSTR – 3B 20.05.2020 24.06.2020 Nil till 04.06.2020 & 9% thereafter Nil
May,2020 GSTR – 3B 20.06.2020 24.06.2020 18% p.a.

Dealers having turnover more than 1.5 crores but less than 5 crores
Month Return Due Date Extended Date Interest Late Fee
Feb,2020 GSTR – 3B 20.03.2020 29.06.2020 Nil Nil
Mar,2020 GSTR – 3B 20.04.2020 29.06.2020 Nil Nil
Apr,2020 GSTR – 3B 20.05.2020 30.06.2020 Nil Nil
May,2020 GSTR – 3B 20.05.2020 12.07.2020

14.07.2020

18% p.a.
Dealers having turnover less than 1.5 crore
Month Return Due Date Extended Date Interest Late Fee
Feb,2020 GSTR – 3B 20.03.2020 30.06.2020 Nil Nil
Mar,2020 GSTR – 3B 20.04.2020 03.07.2020 Nil Nil
Apr,2020 GSTR – 3B 20.05.2020 06.07.2020 Nil Nil
May,2020 GSTR – 3B 20.05.2020 12.07.2020

14.07.2020

18% p.a.

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Nature Particulars Due Date (including extended date)
GSTR 3B – 15 specified States/UT’s GST monthly return for the month of May,2020 (GSTR 3B) for taxpayers having turnover of up to Rs.5 crore in the previous financial year and principal place of business in some specified 15 states/UT’s.

States: ‐Chhattisgarh, MP, Gujarat, Daman and Diu, Dadra and Nagar Haveli, Maharashtra, Karnataka, Goa, Lakshadweep, Kerala, TN, Puducherry, Andaman and Nicobar Islands, Telangana and Andhra Pradesh(Notification No. 36/2020 – Central Tax dated 3rd April, 2020)

12.07.2020
GSTR 3B – 22 specified States /UT’s GST monthly return for the month of May, 2020 (GSTR 3B) for taxpayers having turnover of up to Rs.5 crore in the previous financial year and principal place of business in other category of specified 22 states/UT’s.

States: ‐J&K, Laddakh, Himachal Pradesh, Punjab, Chandigarh, Uttarakhand, Haryana, Delhi, Rajasthan, UP, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand and Odisha(Notification No. 36/2020 – Central Tax dated 3rd April, 2020)

14.07.2020
Statement of Inward Supplies GSTR – 11 Statement of inward supplies by persons having Unique Identification Number(UIN) received in the month of May – 2020 28.06.2020
GSTR – 1 (Turnover up to 1.50 Cr.) GST quarterly return due date for the Jan‐March ‐2020 (GSTR 1) is 30th April, 2020. Applicable for taxpayers with Annual aggregate turnover up to Rs. 1.50 Crore. However, it could be submitted till 30.06.2020 30.06.2020
GSTR – 1(Turnover more than 1.50 Cr.) GST monthly return for the month of Mar‐20, April‐20 and May,2020 (GSTR 1). Applicable for taxpayers with Annual Aggregate turnover More than 1.50 Crore or opted to file monthly Return (Rs. One Crore Fifty Lacs) only. 30.06.2020
Intimation in respect of opting to pay tax under Composition Scheme Due date for Intimation in respect of opting to pay tax under composition scheme for the FY 2020‐21. (GST CMP 02) is 30.06.2020. The normal taxpayers wanting to opt for Composition should not file any GSTR‐1/GSTR‐3B, for any tax period of FY 2020‐21, from any of the GSTIN on the associated PAN, or else they will not be able to opt for composition scheme for FY 2020‐21.

The taxpayers who are already in composition scheme, in previous financial year are not required to opt in for composition again for FY 2020‐2021.

30.06.2020
Goods Sent/Received Job – Worker GST ITC04 Return for March quarter of Goods sent to or received from job‐worker. 30.06.2020
Exports & Supplies to SEZ The extended time limit for online filing LUT (GST RFD 11) for Exports & Supplies to SEZ without payment of tax is 30.06.2020 for F.Y. 2020‐21.

Note: RFD 10: Eighteen months after end of the quarter for which refund is to be claimed.

30.06.2020
Non-Resident Foreign Tax Payers GST Monthly return for the month of Feb, March, April & May, 2020 (GSTR 5) for Non‐resident foreign Tax Payers. 30.06.2020
NRI OIDAR Service Provider GST Monthly return for the month of Feb, March, April & May, 2020 (GSTR 5A) for NRI OIDAR service provider. 30.06.2020
Input Service Distributor GST monthly return for the month of March, April & May, 2020 (GSTR 6) for Input Service Distributor. 30.06.2020
GST-TDS Return GST monthly return for the month of March, April & May, 2020 (GSTR 7) for authorities deducting tax at source. 30.06.2020
GST Return (E-Commerce Operators) GST monthly return for the month of March, April & May, 2020 (GSTR 8) for E‐commerce operators registered under GST. 30.06.2020
RFD – 1 The extended time limit for filing RFD 01 is 30.06.2020. 30.06.2020
Replying to Notices, etc. If any compliance (Like Notice, Intimation, Hearing Etc.) fall in between 20th day of March,

2020 to the 29th day of June, 2020, the last date of that compliance shall be extended to 30th day of June, 2020

30.06.2020
Merchant Exporter Extended time limit for merchant exporter to export goods falling within 20.03.2020 to 29.06.2020 is 30.06.2020 30.06.2020
Composition Dealer – Quarterly Return Composition Dealer ‐ Payment and filing of return CMP08 for quarter ended March 2020 due date is 18th of the month succeeding the quarter. However, it could be submitted till 07.07.2020 07.07.2020
Composition Dealer – Annual Return Composition Dealer ‐ Annual Return GSTR4 for F.Y.2019‐20.due date is 30th April,2020. However, it could be submitted till 15.07.2020 15.07.2020
Default in ITC Credit GST ITC – 03 filed by a taxpayer who is liable to pay an amount that is equal to the input tax credit through cash ledger or electronic credit. (in relation to above intimation) for F.Y. 2019‐20 is 31.07.2020. 31.07.2020
GSTR – 1 (Turnover up to 1.50 crores) GST quarterly return due date for the Apr.‐June ‐2020 (GSTR 1) is 31st July, 2020. Applicable for taxpayers with Annual aggregate turnover up to Rs. 1.50 Crore. 31.07.2020
Annual Return F.Y. 2018-19 Due date for filing of GSTR 9 / 9A/ 9C: Annually return for the Financial Year 2018‐19 is 30/09/2020 Notification No. 41/2020–Central Tax dated 5th May, 2020 30.09.2020
E-Invoicing System The einvoicing system will now apply from the 1st of October 2020, new GST returns will be implemented in phases between October 2020 and January 2021 30.09.2020
ESI, PT AND PF
ESIC Payment Filing of ESIC payment for May ‐2020 15.06.2020
PF Return Filing of PF Return (ECR mode) and Monthly PF payment for May ‐2020 15.06.2020
PT Payment & Return Payment and filing of Return of Professional Tax and Shop and Establishments taxes for the month of May, 2020 (where annual liability is above INR 50000) 30.06.2020
Pradhan Mantri Garib Kalyan Yojana: A Scheme to implement the PMGKY package for credit of employee’s & employer’s share of EPF & EPS contributions (24% of wages) for three months (March 2020 to May 2020) by Government of India.
ESI Return due date Extended:

The Employees State Insurance Corporation, vide Circular no. P‐11/12/Misc./1/2019(M)‐Rev.II dated 18th March, 2020 has provide “Relaxation of time limit for filing and depositing ESI Contribution for the month of February, 2020 and March 2020.

EPFO operationalizes Pradhan Mantri Garib Kalyan Package for Low Wage Earning EPF Member and EPF covered Establishments with upto 100 Employees:

– Relief available for 6 months from March – August, 2020

– ECR with declaration to be filed to avail benefits of eligible employees and establishments.

– Eligible Establishments remitting for March, 2020 prior to PMGKY ECR Facility have to update Bank details in Form 5A to get re‐imbursement.

– if you have already filed ECR for March, 2020 without declaration and paid the dues

the relief amount will be reimbursed by EPFO.

Extension of ESI Coverage

– to employee’s working in establishments with less than 10 employees on voluntary basis.

– Mandatory ESI Coverage through notification by the Central Government for employee’s in hazardous industries with less than 10 employees.

Reduction in EPF contribution byemployees and employers to 10% instead of 12%:

The government via a notification dated May 18, 2020 has notified the cut in EPF contribution by employees and employers to 10% from the existing 12%. The cut in EPF contribution will be applicable for the months of May, June and July 2020.

MCA – ROC Relaxation
Sl.No. Name of E-Form Description Actual Due Date Extended Due Date
1 BEN – 2 Disclosure by beneficial owner 31.05.2020 30.09.2020
2 MSME – 1 Details of outstanding more than 45 days to MSME 30.04.2020 30.09.2020
3 DPT – 3 Details of Deposit taken by the Company 30.06.2020 30.09.2020
4 DIR 3 KYC Director KYC submission for DIN holders as on 31 March 2020. Every person who has a DIN allotted and the status of the DIN is ‘Approved’. 30.09.2020 30.09.2020
5 Form 11 – LLP An annual statement for

submitting details of the

business of the LLP and its

partners. All registered LLPs should file the form within 60 days from close of the end of the financial year.

30.05.2020 30.09.2020

Note If the forms not filed upto 30th September, 2020 the penalty shall be INR 100/ per day w.e.f Actual due date till date of filing.

No additional fees shall be charged for late filing during a moratorium period from 01st April to 30th to September 2020, in respect of any document, return, statement etc., required to be filed in the MCA‐21 Registry, irrespective of its due date, which will not only reduce the compliance burden, including financial burden of companies/ LLPs at large, but also enable long‐standing noncompliant companies/LLPs to make a ‘fresh start’.
The mandatory requirement of holding meetings of the Board of the companies within prescribed interval provided in the Companies Act (120 days), 2013, shall be extended by a period of 60 days till next two quarters i.e., till 30th September.
Independent Directors are required to hold at least one meeting without the attendance of Non-independent directors and members of management. For the year 2019‐20, if the IDs of a company have not been able to hold even one meeting, the same shall not be viewed as a violation.

Non‐compliance of minimum residency in India for a period of at least 182 days by at least one director of every company, under Section 149 of the Companies Act, shall not be treated as a violation.

These due dates are subject to amendments and extensions from time-to-time.

Disclaimer: The Contents of the document are solely for information purpose. It does not constitute professional advice or a formal recommendation. Due care has been taken in preparing this document, the existence of mistakes and omissions herein is not ruled out. Comments on misinterpretation and mistakes are wholeheartedly invited.

Author – CA Chelladurai M., a practicing Chartered Accountant from Thane, Mumbai and can be reached at Email : durai_123@hotmail.com and Phone : 9892697493

CA Chelladurai M., has more than 8 years of professional experience in taxation, auditing, accounting, outsourcing and consulting profession.

Stay Home, Stay Safe. If need to go out, follow all the necessary precautions to prevent yourself and your near and dear ones, from pandemic Coronavirus.

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