1. Compliance requirement under Income Tax act, 1961
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Sl. |
Compliance Particulars |
Due Dates |
|
1 |
Due date for deposit of Tax deducted/collected for the month of December, 2023. However, all the 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 |
07.01.2024 |
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2. |
Due date for deposit of TDS for the period October 2023 to December 2023 when Assessing Officer has permitted quarterly deposit of TDS under 192, 194A, 194D or 194H |
07.01.2024 |
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3 |
Due date for issue of TDS Certificate for tax deducted under section 194-IA in the month of November, 2023 |
14.01.2024 |
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4 |
Due date for issue of TDS Certificate for tax deducted under section 194-IB in the month of November, 2023 |
14.01.2024 |
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5 |
Due date for issue of TDS Certificate for tax deducted under section 194M in the month of November, 2023 |
14.01.2024 |
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6 |
Due date for furnishing of Form 24G by an office of the Government where TDS/TCS for the month of December, 2023 has been paid without the production of a challan |
15.01.2024 |
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7 |
Quarterly statement of TCS for the quarter ending December 31, 2023 |
15.01.2024 |
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8 |
Quarterly statement in respect of foreign remittances (to be furnished by authorized dealers) in Form No. 15CC for quarter ending Dec., 2023 |
15.01.2024 |
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9 |
Due date for furnishing of Form 15G/15H declarations received during the quarter ending December, 2023 |
15.01.2024 |
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10 |
Quarterly TCS certificate in respect of quarter ending December 31, 2023 |
30.01.2024 |
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11 |
Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA in the month of December, 2023 |
30.01.2024 |
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12 |
Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IB in the month of December, 2023 |
30.01.2024 |
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13 |
Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194M in the month of December, 2023 |
30.01.2024 |
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14 |
Quarterly statement of TDS for the quarter ending December 31, 2023 |
31.01.2024 |
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15 |
Quarterly return of non-deduction at source by a banking company from interest on time deposit in respect of the quarter ending Dec. 31, 2023 |
31.01.2024 |
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16 |
Intimation under section 286(1) in Form No. 3CEAC, by a resident constituent entity of an international group whose parent is non-resident |
31.01.2024 |
2. Compliance Requirement under GST, 2017
A. Filing of GSTR-3B / GSTR 3B QRMP
a) Taxpayers having aggregate turnover > Rs. 5 Cr. in the preceding FY
|
Tax period |
Due Date |
Particulars |
|
Dec 2023 |
20th January, 2024 |
Due Date for filling GSTR - 3B return for the month of Dec, 2023 for the taxpayer with Aggregate turnover exceeding INR 5 crores during previous year. |
b) Taxpayers having aggregate turnover uptoRs. 5 crores in the preceding FY (Group A)
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Tax period |
Due Date |
Particulars |
|
|
Dec 2023 |
22nd January, 2024 |
Due Date for filling GSTR-3B return for the month of Jan 2023 for the taxpayer with Aggregate turnover upto INR 5 crores during previous year and who has opted for Quarterly filing of GSTR-3B |
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|
Group A States: Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, Daman & Diu and Dadra & Nagar Haveli, Puducherry, Andaman and Nicobar Islands, Lakshadweep |
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c) Taxpayers having aggregate turnover uptoRs. 5 crores in the preceding FY (Group B)
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Tax period |
Due Date |
Particulars |
|
|
Dec 2023 |
24th January 2024 |
Annual Turnover Up to INR 5 Cr in Previous FY But Opted Quarterly Filing |
|
|
Group B States: 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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B. Filing Form GSTR-1
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Tax period |
Due Date |
Remarks |
|
Monthly return (Dec 2023) |
11.01.2024 |
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C. Non-Resident Tax Payers, ISD, TDS & TCS Taxpayers
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Form No. |
Compliance Particulars |
Timeline |
Due Date |
|
GSTR-5 & 5A |
Non-resident ODIAR services provider file Monthly GST Return |
20th of succeeding month |
20.01.2024 |
|
GSTR-6 |
Every Input Service Distributor (ISD) |
13th of succeeding month |
13.01.2024 |
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GSTR-7 |
Return for Tax Deducted at source to be filed by Tax Deductor |
10th of succeeding month |
10.01.2024 |
|
GSTR-8 |
E-Commerce operator registered under GST liable to TCS |
10th of succeeding month |
10.012.2024 |
D. GSTR - 1 QRMP monthly / Quarterly Return
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Form No. |
Compliance Particulars |
Timeline |
Due Date |
|
Details of outward supply-IFF & Summary of outward supplies by taxpayers who have opted for the QRMP scheme. |
|
13th of succeeding month - Monthly Quarterly Return |
13.01.2024 |
E. GST Refund
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Form No. |
Compliance Particulars |
Due Date |
|
RFD -10 |
Refund of Tax to Certain Persons |
18 Months after the end of quarter for which refund is to be claimed |
F. Monthly Payment of GST-PMT-06
|
Compliance Particular |
Due Date |
|
Due Date of payment of GST for a taxpayer with Aggregate turnover up to INR 5 crores during the previous year and who has opted for Quarterly filing of return under QRMP. |
25.01.2024 |
G. GSTR 11: Statement of inward supply of goods or services or both received by UIN holders - Due date 28.01.2024
GSTR-11 is the return to be filed by the persons who have been issued a Unique Identity Number and claims a refund of the taxes paid on their inward supplies.
Due date: Must be filed by the 28th of the month following the month in which inward supply is received by the UIN holders.
H. Monthly Payment of GST-CMP-08
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Compliance Particular |
Due Date |
|
Form GST CMP-08 is used to declare the details or summary of self-assessed tax payable by taxpayers who have opted for a composition levy. Period: Oct-Dec, 2023 |
18.01.2024 |
I. Please note: GST Amnesty scheme appeals applicable till January 31, 2024
In a bid to assist taxpayers grappling with Goods and Services Tax (GST) issues, the Central Board of Indirect Taxes and Customs (CBIC) has introduced a significant amnesty scheme. This initiative allows specified GST taxpayers to lodge appeals against GST tax demand orders until January 31, 2024.
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