Statutory Updates Calendar Dec 2020

Statutory Updates Calendar Dec 2020

S. No.	Actual Date	Extended Date	Nature of Compliance	Compliance Period	Nature of Compliance in Detail
1	07-Dec-20	NA	TCS/TDS Liability Deposit	Nov-20	Due date of depositing TCS liabilities for the previous month
2	07-Dec-20	NA	Equalisation Levy Deposit	Nov-20	Equalisation Levy is a direct tax, which is withheld at the time of payment by the service recipient where the annual payment made to one service provider (Non-Residents only)  exceeds Rs. 1,00,000 in one financial year for the specified and notified services.
3	10-Dec-20	NA	GSTR-7	Nov-20	GSTR 7 is a return to be filed by the persons who is required to deduct TDS (Tax deducted at source) under GST.
4	10-Dec-20	NA	GSTR-8	Nov-20	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.
5	11-Dec-20	NA	GSTR-1	Nov-20	GST Filing of returns by the registered person with an aggregate turnover of more than 1.50 crores.
6	13-Dec-20	NA	GSTR -6	Nov-20	Due Date for filing return by Input Service Distributors.
7	15-Dec-20	NA	Provident Fund	Nov-20	Due Date for payment of Provident fund contribution for the previous month.
8	15-Dec-20	NA	ESI	Nov-20	Due Date for payment of Provident fund and ESI contribution for the previous month.
9	15-Dec-20	NA	Advance Tax	AY 2021-22	Due date for  Third Installment of advance tax for the AY 2021-22
10	20-Dec-20	NA	GSTR -5	Nov-20	GSTR-5 to be filed by Non-Resident Taxable Person for the previous month.
11	20-Dec-20	NA	GSTR -5A	Nov-20	GSTR-5A to be filed by OIDAR Service Providers for the previous month.
12	20-Dec-20	NA	GSTR – 3B	Nov-20	Due date for GSTR-3B having Annual Turnover of more than 5 Crores
13	22-Dec-20	NA	GSTR – 3B	Nov-20	Refer Note 1
14	24-Dec-20	NA	GSTR – 3B	Nov-20	Refer Note 2
15	30-Sep-20	31-Dec-20	GSTR-9	FY 2018-19	Taxable Persons paying tax under Section 10 of CGST Act, the composition scheme, are required to submit their annual returns in Form GSTR 9A.
16	30-Sep-20	31-Dec-20	GSTR 9A	FY 2018-19	Taxable Persons paying tax under Section 10 of CGST Act, the composition scheme, are required to submit their annual returns in Form GSTR 9A.
17	30-Sep-20	31-Dec-21	GSTR-9B	FY 2018-19	Annual Return to be filed by e-commerce operators who have filed GSTR 8 during the financial year.
18	30-Sep-20	31-Dec-20	GSTR 9C	FY 2018-19	Taxpayers whose annual turnover exceeds INR 5 crores in a Financial Year are required to get their accounts audited by a practicing Chartered Accountant or Cost Accountant before filing returns in Form GSTR 9C.
19	31-Jul-20	31-Dec-20	ITR	FY 2019-20	Filing of income tax for individual and non-corporates [who are not subject to tax audit]
20	30-Sep-20	31-Dec-20	Form 3CA3CD/ Form 3CB3CD	FY 2019-20	Report to be furnished for Tax Audit under Income Tax Act, 1961
21	30-Nov-20	31-Dec-20	Form 3CEB	FY 2019-20	Report to be furnished in respect of international transaction and specified Domestic transaction.
22	30-Sep-20	31-Dec-20	AGM due date	FY 2019-20	Due date of AGM held by Company
23	30-Sep-20	31-Dec-20	DIR 3 (KYC)	FY 2019-20	Form to ensure that correct particulars of an individual holding DIN is available with the Ministry of Corporate Affairs
24	30-May-20	31-Dec-20	Form LLP-11	FY 2019-20	Annual Return of Limited Liability Partnership (LLP)

Note 1: Due Date for filling GSTR – 3B which Annual Turnover up to 5 Crore State 1 Group (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).

Note 2: Due Date for filling GSTR – 3B which Annual Turnover up to 5 Crore State 2 Group (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).

Tags: GST,  Income Tax

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