Corporate Compliance Calendar for the m/o July 2022

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Compliance Particulars

Due Dates

1

Due date of depositing TDS/TCS liabilities under Income Tax Act, 1961 for the previous month.

07.07.2022

2.

Due date for deposit of TDS when Assessing Officer has permitted quarterly deposit of TDS under section 192, 194A, 194D or 194H.

07.07.2022

3

Due date for issue of TDS Certificate for tax deducted under section 194-IA, 194-IB, and 194M in the month of April 2022.

15.07.2022

4

Quarterly statement in respect of foreign remittances (to be furnished by authorized dealers) in Form No. 15CC for quarter ending June, 2022.

15.07.2022

5

Quarterly statement of TCS deposited for the quarter ending 30 June, 2022.

15.07.2022

6

Due date for 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 June, 2022

15.07.2022

7

Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA, 194-IB, 194-IM, in the month of June 2022.

30.07.2022

8

Quarterly TCS certificate in respect of tax collected by any person for the quarter ending June 30, 2022.

30.07.2022

9

Quarterly statement of TDS deposited for the quarter ending June 30, 2022.

31.07.2022

10

"Return of income for the FY 2021-22 for all assessee other than:

• corporate-assessee
• non-corporate assessee (whose books of account are required to be audited) or
• partner of a firm whose accounts are required to be audited
• assessee who is required to furnish a report under section 92E."

31.07.2022

11

Quarterly return of non-deduction of tax at source by a banking company from interest on time deposit in respect of the quarter ending June 30, 2022.

31.07.2022

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Particulars of the Notification(s)

File No. / Circular No.

Link(s)

1.

TheIncome-tax (Sixteenth Amendment) Rules,2022.

Notification No. 57/2022

Click Here

2.

Clarification regarding Form No 10AC issued till the date of this Circular - reg.

Circular No. 11 of 2022

Click Here

3.

Guidelines for removal of difficulties under sub-section (6) of section 194S of the Income-tax Act, 1961

Circular No. 13/2022

Click Here

4.

Format, Procedure and Guidelines for submission of Form No. 1, Form No. 2 and Form No. 2A for SecuritiesTransaction Tax (STT)

Notification No. 2/2022

Click Here

5

TheIncome-tax (19th Amendment) Rules, 2022

Notification No. 67/2022

Click Here

6

Guidelines for removal of difficulties under sub-section (2) of section 194R of the Income-tax Act, 1961

Circular No. 12/2022

Click Here

7

TheIncome-tax (Seventeenth Amendment),Rules, 2022.

Notification No. 64/2022

Click Here

8

TheCentral Government hereby specifies that no deduction of tax shall be made undersection 194-I of the Income-tax Act….

Notification No. 65/2022

Click Here

9

TheIncome-tax (18th Amendment)Rules, 2022

Notification No. 66/2022

Click Here

10

Compliance Check Functionality for Section 206AB& 206CCA of Income-tax Act 1961

Notification No. 01/2022

Click Here

Tax period

Due Date

Particulars

June, 2022

20th July, 2022

Due Date for filling GSTR - 3B return for the month of June, 2022 for the taxpayer with Aggregate turnover exceeding INR 5 crores during previous year.

Due Date for filling GSTR - 3B return for the quarter of January to March 2022 for the taxpayer with Aggregate turnover up to INR 5 crores during the previous year and who has opted for Quarterly filing of return under QRMP.

Tax period

Due Date

Particulars

June, 2022

22nd July,

2022

Due Date for filling GSTR - 3B return for the month of June, 2022 for the taxpayer with Aggregate turnover upto INR 5 crores during previous year and who has opted for Quarterly filing of GSTR-3B

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

Tax period

Due Date

Particulars

June, 2022

24th July, 2022

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

Tax period

Due Date

Remarks

Monthly return

(June, 2022)

11.07.2022

1. GST Filing of returns by registered person with aggregate turnover exceeding INR 5 Crores during preceding year.

2. Registered person, with aggregate turnover of less then INR 5 Crores during preceeding year, opted for monthly filing of return under QRMP.

Form No.

Compliance Particulars

Timeline

Due Date

GSTR-5 & 5A

Non-resident ODIAR services provider file Monthly GST Return

20th of succeeding month

20.07.2022

GSTR -6

Every Input Service Distributor (ISD)

13th of succeeding month

13.07.2022

GSTR -7

Return for Tax Deducted at source to be filed by Tax Deductor

10th of succeeding month

10.07.2022

GSTR -8

E-Commerce operator registered under GST liable to TCS

10th of succeeding month

10.07.2022

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.

a) GST QRMP monthly return due date for the month of April, 2022 (IFF). Applicable for taxpayers with Annual aggregate turnover up to Rs. 1.50 Crore.

b) Summary of outward supplies by taxpayers who have opted for the QRMP scheme.

13th of succeeding month - Monthly

Quarterly Return

13.07.2022

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

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 composition levy. Extended by 47th GST Council meeting.

31.07.2022