February 2024 Tax Compliance Calendar: Key Dates for Income Tax, GST, TDS
Introduction: Welcome to the February 2024 Taxation Compliance Calendar, a comprehensive guide to key compliance dates. Navigate crucial deadlines for Income Tax, GST filings, TDS, and more. Ensure your financial compliance with this detailed calendar and streamline your tax responsibilities.
February Taxation Compliance Calendar 2024
| S.no | Due Date | Compliance | Detail |
| 1 | 07-Feb-24 | Income Tax TDS/TCS Liability Deposit | Due date of depositing TDS/TCS liabilities under the Income Tax Act, 1961 for the previous month. |
| 2. | 07-Feb-24 | Income Tax TDS/TCS Liability Deposit | Due date for deposit of TDS for the period Nov 2023 to Jan 2023 when Assessing Officer has permitted quarterly deposit of TDS under 192, 194A, 194D or 194H |
| 10-Feb-24 | Professional Tax | Professional Tax (PT) on Salaries for Jan 2023 | |
| 4. | 10-Feb-24 | GSTR – 7 | GSTR 7 is a return to be filed by the persons who is required to deduct TDS (Tax deducted at source) under GST.
(Return to be filed by registered persons deducting tax at source (TDS).) |
| 5. | 10-Feb-24 | GSTR-8 | GSTR-8 is a return to be filed by the e-commerce operators who are required to deduct TCS (Tax collected at source) under GST |
| 6. | 11-Feb-24 | GSTR – 1 | GST Filing of returns by a registered person with aggregate turnover exceeding INR 5 Crores during the preceding financial year or any registered person who has opted to file monthly return |
| 7. | 13-Feb-24 | GSTR 1 | Details of a registered person with turnover up to INR 5 Crores during the preceding year and who has opted for quarterly filing of return under QRMP. |
| 8. | 13- Feb-24 | GSTR -6 | Details of Input Tax Credit (ITC) received and distributed by an Input Service Distributors (ISD). |
| 9. | 15-Feb-24 | Income Tax TDS Certificate | The due date for issuing of TDS Certificate for tax deducted under sections 194-IA,194-IB,194M, and 194S in the month of Jan 2024. |
| 15-Feb-24 | Income Tax Form 24G | The due date for furnishing of form 24G by an office of the government where TDS/TCS for the month of Jan, 2024 has been paid without the production of a challan. | |
| 15-Feb-24 | Income Tax Form No. 3BB | The due date for the furnishing statement in Form no. 3BB by a stock exchange in respect of transactions in which client codes have been modified after registering in the system for the month of Jan 2024. | |
| 15-Feb-24 | Labour Law Provident Fund / ESI | Due Date for payment of Provident fund and ESI contribution for the previous month. | |
| 13. | 18-Feb-24 | CMP -8 | Form GST CMP-08, Statement-cum-challan to make a tax payment by a taxpayer registered under the composition scheme under Section 10 of the CGST Act.. |
| 20-Feb-24 | GST GSTR 5 and 5A | Summary of monthly outward taxable supplies and tax payable by a person supplying OIDAR services. | |
| 15. | 20-Feb-24 | GSTR-3B | Summary return of outward supplies and input tax credit claimed, along with payment of tax by a registered person with aggregate turnover exceeding INR 5 Crores during the preceding financial year or any registered person who has opted to file monthly return. |
| 16. | 22nd / 24th Feb 2024 | GSTR-3B | Summary return of outward supplies and input tax credit claimed, along with payment of tax by a registered person who has opted for QRMP Scheme for the quarter ending Jan 2024. |
| 17. | 28-Feb-24 | GSTR -11 | Details of inward supplies to be furnished by a person having UIN and claiming a refund |
| 18. | 29-Feb-2024 | TDS Challan-cum-statement | The statutory due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA, 194 IB, 194M |
Conclusion: Stay informed and compliant with the February 2024 Taxation Compliance Calendar. Manage your Income Tax, GST, and TDS obligations efficiently by marking these key dates in your financial calendar. Ensure a hassle-free tax season with this comprehensive guide.
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Notes: The dates listed on the calendar may be modified by the government, and such changes will be communicated through notification.
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