Statutory and Tax Compliance Calendar contains compliance’s related to GST (GSTR 1, GSTR 3B, GSTR 6, GSTR 5 & GSTR 5A) Income Tax (Due date of TDS Payment, Advance Tax payment, TDS Return Filing, Income Tax Return Filing, TDS Certificate Issue etc.), EPF, ESIC, LODR/SEBI, Companies Act, 2013 and other compliances. It explains form which needs to be filed and due date of the same. Please note List of Compliance may not be exhaustive list of Compliances.

Statutory and Tax Compliance Calendar for the Month of January 2020

S.No Particulars of Compliance Forms/returns Due Date
  Compliances Calendar for GST    
1. Due date for filing GSTR-7 to be filed by the person who is required to deduct TDS under GST for the month of December, 2019. GSTR-7 10-01-2020
2. The due date for furnishing statement by e-commerce companies for the Month of December 2019. GSTR-8 10-01-2020
3. Return of outward supplies of taxable goods and/or services for the Month of December 2019 (for Assesses having turnover exceeding 1.5 Cr.) Monthly Return. GSTR -1 11-01-2020
4. Return for Input Service Distributor. GSTR – 6 13-01-2020
5. Due date for filing CMP 08 by Composition Dealer for the quarterly return ending December, 2019. CMP-08 18-01-2020
6. Quarterly Return by Composition dealers GSTR -4 18-01-2020
7. Summary of outward taxable supplies and tax payable by Non-Resident taxable person & OIDAR. GSTR-5 &

GSTR – 5A

20-01-2020
8. Summary Return of Outward and Inward Supplies along with payment of Tax GSTR -3B 20-01-2020
9. Return for details of goods and services purchased in India GSTR -11 28-01-2020
10. Return of outward supplies of taxable goods and/or services for the Month of October-December 2019 (for Assesses having turnover not exceeding 1.5 Cr.) Quarterly Return. GSTR-1 31-01-2020
11. GST Annual Return and Reconciliation Statement for FY 2017-18. GSTR-9 / 9A and GSTR-9C 31-01-2020
12. Salient features of new GST returns & Form GST ANX-1 & GST ANX-2:

The documents containing the features of all types of new returns may be obtained from “Download” of the portal: gst.gov.in.

The new return system is proposed to be put into place from April 2020. The prototype system of new GST return will be for taxpayers and other stakeholder to familiarize themselves with the ANX-1, ANX-2 and the matching tool.

The implementation plan of new returns based on ANX 1 and ANX-2 will be announced shortly.

The new return system is proposed to be put into place from April 2020
  Compliances Calendar for ESI and PF Payments    
1. PF Payment for December 2019 ECR 15-01-2020
2. ESIC Payment for December 2019 ESI Challan 15-01-2020
Compliances Calendar for Income Tax Act
1. Due date for deposit of tax deducted/collected for the month of December, 2019. (TDS & TCS).

However, all sum deducted/collected by an office of the government shall be paid to the credit of the Central Government on the same day where tax is paid without production of an Income-tax Challan.

07-01-2020
2. Due date for deposit of TDS for the period October 2019 to December 2019 when Assessing Officer has permitted quarterly deposit of TDS under section 192, 194A, 194D or 194H. 07-01-2020
3. Due date for issue of TDS Certificate for tax deducted under section 194-IA in the month of November, 2019. (TDS on Immovable   property) 14-01-2020
4. Due date for issue of TDS Certificate for tax deducted under section 194-IB in the month of November, 2019 (TDS on Certain Rent payment) 14-01-2020
5. Due date for furnishing of Form by an office of the Government where TCS for the month of December, 2019 has been paid without the production of a challan. Form 24G 15-01-2020
6. Quarterly statement of TCS deposited for the quarter ending December 31, 2019 Form no. 15CC 15-10-2020
7. ​Quarterly statement of TCS deposited for the quarter ending December 31, 2019 15-01-2020
8. Due date for furnishing of Form 15G/15H declarations received during the quarter ending December, 2019 Form No. 15G/15H 15-01-2020
9. ​Quarterly TCS certificate in respect of tax collected for the quarter ending December 31, 2019 30-01-2020
10. Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA in the month of December, 2019 (TDS on Immovable   property) 30-01-2020
11. Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IB in the month of December, 2019 (TDS on Certain Rent payment). 30-01-2020
12. Quarterly statement of TDS deposited for the quarter ending December 31, 2019. 31-01-2020
13. Quarterly return of non-deduction at source by a banking company from interest on time deposit in respect of the quarter ending December 31, 2019. 31-01-2020
14. ​Intimation under section 286(1), by a resident constituent entity of an international group whose parent is non-resident. Form No. 3CEAC 31-01-2020
Compliances Calendar for LODR/SEBI
1. Corporate Governance Report under Regulation 27(2) 15-01-2020
2. Shareholding Pattern under Regulation 31(b) 21-01-2020
3. Statement of Grievance Redressal Mechanism Regulation 13(3) 21-01-2020
4. Reconciliation of share capital audit Report (SEBI- DP Reg.) 30-01-2020
  Compliances Calendar for RBI    
1. “The Company / reporting entity shall take approval from the RBI in case of submission of FLA Return of 2019 / revision of FLA Return of 2019 after due date i.e July 31, 2019.

Further, submission of FLA returns for previous years will be activated only after September 01, 2019 (as per FLAIR Portal)

FLAIR
  Compliance Calendar for FEMA     
1.       Reporting of actual transactions of External Commercial Borrowings (ECB) through AD Bank ECB – 2 07-01-2020
  Compliance Calendar for Companies Act, 2013    
1. Filing of Cost Audit Report for the year ended 31.03.2019. Form CRA – 4 29-02-2020
2. Filing of e-form BEN-2 by the Reporting Co. under the Companies (Significant Beneficial Owners) Rules, 2018 (as amended by the Companies (SBO) Amendment Rules, 2019. Form BEN-2 31-03-2020
3. Reconciliation of Share Capital Audit Report (Half-yearly).

(As per Companies (Prospectus and Allotment of Securities) Third Amendment Rules, 2019)

e-form PAS 6

(form not yet deployed by the MCA as on date)

60 days from the date of deployment of e-form in the MCA Portal.
4. MCA has notified the Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2019, and the Companies (Accounts) Amendment Rules, 2019.

(The notifications shall come into force with effective from December 01, 2019)

If a person is already appointed as Independent Director (ID) in a Company, on 01.12.2019 (the commencement of these rules) shall within period of three month from such commencement i.e. 29th February, 2020 apply online to the institute for inclusion of his name in the data bank.

After inclusion of the name in data bank shall pass an online proficiency self-assessment test conducted by the institute within a period of one year from the date of inclusion of his name in the data bank, (i.e. 1 year from 29th February, 2020 or any other date of inclusion of name in data bank). Failing which, his name shall stand removed from the databank of the institute.

Individuals who have served for a period of 10 years as on date of inclusion of his name in databank as director or Key Managerial Personnel (KMP) in listed public company or unlisted public company having paid up capital of Rs. 10 crore or more shall not be required to pass online proficiency self-assessment test.

The Databank, which was launched by the Ministry of Corporate Affairs, can be accessed at www.mca.gov.in or www.independentdirectorsdatabank.in

Rules are effective from December 01, 2019

&

Registration on Independent Directors’ Databank commenced from 2nd December, 2019 onwards.

Statutory and Tax Compliance Calendar for the Month of December 2019

S.No Particulars of Compliance Forms/returns Due Date
  Compliances Calendar for GST    
1. Due date for filing GSTR-7 to be filed by the person who is required to deduct TDS under GST for the month of November, 2019. GSTR-7 10-12-2019
2. The due date for furnishing statement by e-commerce companies for the Month of November, 2019. GSTR-8 10-12-2019
3. Annexure of outward supplies of taxable goods and/or services for the Month of November 2019 (for Assesses having turnover exceeding 1.5 Cr.) Monthly Return. GSTR 1 11-12-2019
4. Return for Input Service Distributor. GSTR – 6 13-12-2019
5. Summary of outward taxable supplies and tax payable by Non-Resident taxable person & OIDAR. GSTR-5 &

GSTR – 5A

20-12-2019
6. Simple GSTR return for the month of November, 2019 GSTR 3B 20-12-2019
7. GST Annual Return for the year 2017-18. GSTR-9 31-12-2019
8. GST Annual Return (Composition Scheme) for the year 2017-2018. GSTR-9A 31-12-2019
9. GST Annual Return for the year 2017-18 (for Assesses having turnover exceeding 2 Cr.). GSTR-9C 31-12-2019
10. GST Annual Return for the year 2018-19. GSTR-9 31-03-2020
11. Salient features of new GST returns & Form GST ANX-1 & GST ANX-2:

The documents containing the features of all types of new returns may be obtained from “Download” of the portal: gst.gov.in.

The new return system is proposed to be put into place from April 2020. The prototype system of new GST return will be for taxpayers and other stakeholder to familiarize themselves with the ANX-1, ANX-2 and the matching tool.

The implementation plan of new returns based on ANX 1 and ANX-2 will be announced shortly.

The new return system is proposed to be put into place from April 2020
  Compliances Calendar for ESI and PF Payments    
1. PF Payment for November 2019 ECR 15-12-2019
2. ESIC Payment for November 2019 ESI Challan 15-12-2019
Compliances Calendar for Income Tax Act
1. Due date for deposit of Tax deducted/collected for the month of November, 2019.

However, all sum deducted/collected by an office of the government shall be paid to the credit of the Central Government on the same day where tax is paid without production of an Income-tax Challan.

07-12-2019
2. Due date for issue of TDS Certificate for tax deducted under section 194-IA in the month of October, 2019​. 15-12-2019
3. Due date for issue of TDS Certificate for tax deducted under section 194-IB in the month of October, 2019. 15-12-2019
4. ​​Third instalment of advance tax for the assessment year 2020-21. 15-12-2019
5. ​ ​Due date for furnishing of Form 24G by an office of the Government where TDS/TCS for the month of November, 2019 has been paid without the production of a challan. ​​ Form 24G 15-12-2019
6. ​Due date for furnishing statement by a stock exchange in respect of transactions in which client codes been modified after registering in the system for the month of November, 2019​. Form 3BB 15-12-2019
7. ​Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA in the month of November, 2019. 30-12-2019
8. ​Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IB in the month of November, 2019. 30-12-2019
9. ​Furnishing of report for a reporting accounting year (assuming reporting accounting year is January 1, 2018 to December 31, 2018) by a constituent entity, resident in India, in respect of the international group of which it is a constituent if the parent entity is not obliged to file report u/s 286(2) or the parent entity is resident of a country with which India does not have an agreement for exchange of the report etc. Form 3CEAD 30-12-2019
10. Deadline for PAN-Aadhaar linking 31-12-2019
Compliances Calendar for LODR/SEBI
NIL
  Compliances Calendar for RBI    
1.       “The Company / reporting entity shall take approval from the RBI in case of submission of FLA Return of 2019 / revision of FLA Return of 2019 after due date i.e July 31, 2019.

Further, submission of FLA returns for previous years will be activated only after September 01, 2019 (as per FLAIR Portal)

FLAIR
2.       Due date for furnishing Annual Performance Reports (APR) of the overseas JV/WOS based on its audited financial statements with the RBI through AD Bank. Form ODI 31-12-2019
  Compliance Calendar for Companies Act, 2013    
1. Filing of Annual Return with the Registrar of Companies within 60 days of AGM. Form MGT-7 31-12-2019
2. Filing of e-form BEN-2 by the Reporting Co. under the Companies (Significant Beneficial Owners) Rules, 2018 (as amended by the Companies (SBO) Amendment Rules, 2019. Form BEN-2 31-12-2019
3. Filing of Cost Audit Report for the year ended 31.03.2019. Form CRA – 4 31-12-2019
4. Statement of Amounts credited to Investor Education and Protection Fund Pursuant to Rule 5 (4A). Form IEPF-1 A 31-12-2019
5. Reconciliation of Share Capital Audit Report (Half-yearly).

(As per Companies (Prospectus and Allotment of Securities) Third Amendment Rules, 2019)

e-form PAS 6

(form not yet deployed by the MCA as on date)

60 days from the date of deployment of e-form in the MCA Portal.
6. MCA has notified the Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2019, and the Companies (Accounts) Amendment Rules, 2019.

(The notifications shall come into force with effective from Decmber 01, 2019)

If a person is already appointed as Independent Director (ID) in a Company, on 01.12.2019 (the commencement of these rules) shall within period of three month from such commencement i.e. 29th February, 2020 apply online to the institute for inclusion of his name in the data bank.

After inclusion of the name in data bank shall pass an online proficiency self-assessment test conducted by the institute within a period of one year from the date of inclusion of his name in the data bank, (i.e. 1 year from 29th February, 2020 or any other date of inclusion of name in data bank). Failing which, his name shall stand removed from the databank of the institute.

Individuals who have served for a period of 10 years as on date of inclusion of his name in databank as director or Key Managerial Personnel (KMP) in listed public company or unlisted public company having paid up capital of Rs. 10 crore or more shall not be required to pass online proficiency self-assessment test.

The Databank, which was launched by the Ministry of Corporate Affairs, can be accessed at www.mca.gov.in or www.independentdirectorsdatabank.in.

Rules are effective from Decmber 01, 2019

&

Registration on Independent Directors’ Databank commenced from 2nd December, 2019 onwards.

Statutory and Tax Compliance Calendar for the Month of November 2019

S.No Particulars of Compliance Forms/returns Due Date
  Compliances Calendar for GST    
1. Due date for filing GSTR-7 to be filed by the person who is required to deduct TDS under GST for the month of October, 2019. GSTR-7 10-11-2019
2. The due date for furnishing statement by e-commerce companies for the Month of October, 2019. GSTR-8 10-11-2019
3. Annexure of outward supplies of taxable goods and/or services for the Month of October 2019 (for Assesses having turnover exceeding 1.5 Cr.) Monthly Return. GSTR 1 11-11-2019
4. Return for Input Service Distributor. GSTR – 6 13-11-2019
5. Summary of outward taxable supplies and tax payable by Non-Resident taxable person & OIDAR. GSTR-5 &

GSTR – 5A

20-11-2019
6. Simple GSTR return for the month of October, 2019 GSTR 3B 20-11-2019
7. GST Annual Return for the year 2017-18. GSTR-9 30-11-2019
8. GST Annual Return (Composition Scheme) for the year 2017-2018. GSTR-9A 30-11-2019
9. GST Annual Return for the year 2017-18 (for Assesses having turnover exceeding 2 Cr.). GSTR-9C 30-11-2019
10. Salient features of new GST returns & Form GST ANX-1 & GST ANX-2:

The documents containing the features of all types of new returns may be obtained from “Download” of the portal: gst.gov.in.

The new return system is proposed to be put into place from April 2020. The prototype system of new GST return will be for taxpayers and other stakeholder to familiarize themselves with the ANX-1, ANX-2 and the matching tool.

The implementation plan of new returns based on ANX 1 and ANX-2 will be announced shortly.

The new return system is proposed to be put into place from April 2020
  Compliances Calendar for ESI and PF Payments    
1. PF Payment for October 2019 ECR 15-11-2019
2. ESIC Payment for October 2019 ESI Challan 15-11-2019
Compliances Calendar for Income Tax Act
1. Due date for deposit of Tax deducted/collected for the month of October, 2019.

However, all sum deducted/ collected by an office of the government shall be paid to the credit of the Central Government on the same day where tax is paid without production of an Income-tax Challan.

07-11-2019
2. Due date for issue of TDS Certificate for tax deducted under section 194-IA in the month of September, 2019​. 14-11-2019
3. Due date for issue of TDS Certificate for tax deducted under section 194-IB in the month of September, 2019 14-11-2019
4. ​Quarterly TDS certificate (in respect of tax deducted for payments other than salary) for the quarter ending September 30, 2019​ 15-11-2019
5. ​Due date for furnishing of form by an office of the Government where TDS/TCS for the month of October, 2019 has been paid without the production of a challan​ Form 24G 15-11-2019
6. ​Due date for furnishing statement in Form by a stock exchange in respect of transactions in which client codes been modified after registering in the system for the month of October, 2019​ Form no. 3BB 15-11-2019
7. ​Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA in the month of October, 2019​ 30-11-2019
8. ​Due date for furnishing of​ challan-cum-statement in respect of tax deducted under section 194-IB in the month of October, 2019 30-11-2019
9. ​Annual return of income for the assessment year 2019-20 in the case of an assessee if he/it is required to submit a report under section 92E pertaining to international or specified domestic transaction(s) 30-11-2019
10. ​Audit report under section 44AB for the assessment year 2019-20 in the case of an assessee who is also required to submit a report pertaining to international or specified domestic transactions under section 92E 30-11-2019
11. ​Report to be furn​ished in Form in respect of international transaction and specified domestic transaction Form 3CEB 30-11-2019
12. ​Report in Form by a constituent en​tity of an international group for the accounting year 2018-19​ Form No. 3CEAA 30-11-2019
13. ​Country-By-Country Report in Form by a parent entity or an alternate reporting entity or any other constituent entity, resident in India, for the accounting year 2018-19 Form No. 3CEAD 30-11-2019
14. ​Statement of income distribution by Venture Capital Company or venture capital fund in respect of income distributed during previous Year 2018-19 (Form No. 64) 30-11-2019
15. ​Statement to be furnished in Form by Alternative Investment Fund (AIF) to Principal CIT or CIT in respect of income distributed (during previous year 2018-19) to units holders​​ Form No. 64D 30-11-2019
16. Due date to exercise option of safe harbour rules for international transaction by furnishing Form. Form 3CEFA 30-11-2019
17. ​Due date to exercise option of safe harbour rules for specified domestic transaction by furnishing Form. Form 3CEFB​​ 30-11-2019
18. ​Due date for filing of statement of income distributed by business trust to unit holders during the financial year 2018-19. This statement is required to be filed electronically to Principal CIT or CIT in form No. 64A​ Form No. 64A​ 30-11-2019
19. ​Due date for e-filing of report by an eligible investment fund in respect of arm’s length price of the remuneration paid to the fund manager.​ Form No. 3CEJ 30-11-2019
20. ​Application in Form for exercising the option available under Explanation to section 11(1) to apply income of previous year in the next year or in future (if the assessee is required to submit return of income on November 30, 2019) Form 9A 30-11-2019
21. Statement in Form to be furnished to accumulate income for future application under section 10(21) or 11(1) (if the assessee is required to submit return of income on November 30, 2019) Form no. 10 30-11-2019
22. ​Submit copy of audit of accounts to the Secretary, Department of Scientific and Industrial Research in case company is eligible for weighted deduction under section 35(2AB) [if company has any international/specified domestic transaction] 30-11-2019
23. ​​Statement by scientific research association, university, college or other association or Indian scientific research company as required by rules 5D, 5E and 5F (if due date of submission of return of income is November 30, 2019)​ 30-11-2019
24. ​Due date for claiming foreign tax credit, upload statement of foreign income offered for tax for the previous year 2018-19 and of foreign tax deducted or paid on such income in Form (if due date of submission of return of income is November 30, 2019).​​ Form no. 67 30-11-2019
Compliances Calendar for LODR/SEBI
1. Submission of quarterly and year-to-date standalone financial results to the stock exchange(s) (other than last quarter) along with Limited Review Report or Audit Report as applicable.

Consolidated quarterly financial results Shall also be submitted.

As part of standalone and consolidated financial results for half year, the statement of cash flow for half year to be submitted.

15-11-2019

(Within 45 days from quarter end)

2. The listed entity shall submit disclosures of related party transactions on a Consolidated basis, in the format specified in the relevant accounting standards for annual results to the stock exchanges and publish the same on its website. within 30 days from the date of publication of its standalone & consolidated financial results for the half year
3. New formats for limited review / audit report of the listed entity and those entities whose accounts are to be consolidated with the listed entity. 

(As per SEBI’s Circular No. CIR/CFD/CMD1/ 80 /2019 dated July 19, 2019 applicable with respect to the financial results for the quarter ending September 30, 2019 and after.)

for the quarter ending September 30, 2019
  Compliances Calendar for RBI    
1.       “The Company / reporting entity shall take approval from the RBI in case of submission of FLA Return of 2019 / revision of FLA Return of 2019 after due date i.e July 31, 2019.

Further, submission of FLA returns for previous years will be activated only after September 01, 2019 (as per FLAIR Portal)

FLAIR
  Compliance Calendar for Companies Act, 2013    
1. Reconciliation of Share Capital Audit Report (Half-yearly). (They shall come into force with effect from 30.09.2019)

(As per Companies (Prospectus and Allotment of Securities) Third Amendment Rules, 2019)

e-form PAS 6

(form not yet deployed by the MCA as on date)

29-11-2019
2. Filing of Financial Statements for the year ended 31.03.2019. AOC 4, AOC 4 (CFS), AOC 4 (XBRL) 30-11-2019
3. Form IEPF-2 is required to be filed by the company/Corresponding New Bank which shall contain investor wise details of unclaimed and unpaid amounts in respect of dividends, debentures, deposits, etc. as on the Annual General Meeting (AGM) date. Form IEPF-2 30-11-2019
4. MCA has notified the Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2019, and the Companies (Accounts) Amendment Rules, 2019. 

(The notifications shall come into force with effective from Dec 01, 2019)

If a person is already appointed as Independent Director (ID) in a Company, on 01.12.2019 (the commencement of these rules) shall within period of three month from such commencement i.e. 29th February, 2020 apply online to the institute for inclusion of his name in the data bank.

After inclusion of the name in data bank shall pass an online proficiency self-assessment test conducted by the institute within a period of one year from the date of inclusion of his name in the data bank, (i.e. 1 year from 29th February, 2020 or any other date of inclusion of name in data bank). Failing which, his name shall stand removed from the databank of the institute.

Individuals who have served for a period of 10 years as on date of inclusion of his name in databank as director or Key Managerial Personnel (KMP) in listed public company or unlisted public company having paid up capital of Rs. 10 crore or more shall not be required to pass online proficiency self-assessment test.

effective from Dec 01, 2019
5. Filing of Annual Return with the Registrar of Companies within 60 days of AGM. Form MGT-7 31-12-2019
6. Filing of e-form BEN-2 by the Reporting Co. under the Companies (Significant Beneficial Owners) Rules, 2018 (as amended by the Companies (SBO) Amendment Rules, 2019. Form BEN-2 31-12-2019
7. Filing of Cost Audit Report for the year ended 31.03.2019. Form CRA – 4 31-12-2019
8. Statement of Amounts credited to Investor Education and Protection Fund Pursuant to Rule 5(4A). Form IEPF-1 A 31-12-2019
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5 Comments

  1. Bibhu Prasad Mohapatra says:

    Sir, Please add 15th January 2020 as due date for quarterly intimation of Foreign Remittance Receipts during the quarter October 2019 to December 2019 to the Ministry of Home Affairs for the institutions registered under FCRA Act 2010.

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