Business Compliance Calendar for June, 2022

Corporate Compliance Calendar for June, 2022

Compliance requirement under Income Tax act, 1961

 

Sl. Compliance Particulars Due Dates
1 Due date of depositing TDS/TCS liabilities under Income Tax Act, 1961 for previous month (May, 2022). 07.06.2022
2 Due date for issue of TDS Certificate for tax deducted under section 194-IB in the month of April, 2022 14.06.2022
3 ​Due date for issue of TDS Certificate for tax deducted under section 194M in the month of April, 2022 14.06.2022
4 ​Due date for issue of TDS Certificate for tax deducted under section 194-IA in the month of April, 2022 14.06.2022
5 ​Due date for furnishing of Form 24G by an office of the Government where TDS/TCS for the month of May, 2022 has been paid without the production of a challan 15.06.2022
6 Quarterly TDS certificates (in respect of tax deducted for payments other than salary) for the quarter ending March, 2022 15.06.2022
7 First instalment of advance tax for the assessment year 2023-24 15.06.2022
8 Certificate of tax deducted at source to employees in respect of salary paid and tax deducted during Financial Year 2021-22 15.06.2022
9 D​ue 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 May, 2022 15.06.2022
10 ​Furnishing of statement (in Form No. 64D) of income paid or credited by an investment fund to its unit holder for the previous year 2021-22 15.06.2022
11 ​Due date for e-filing of a statement (in Form No. 3CEK) by an eligible investment fund under section 9A in respect of its activities in financial year 2021-22 29.06.2022
12 Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA in the month of May, 2022​Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IB in the month of May, 2022​Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194M in the month of May, 2022 30.06.2022
13 Return in respect of securities transaction tax for the FY 2021-22 30.06.2022
14 Quarterly return of non-deduction of tax at source by a banking company from interest on time deposit in respect of the quarter ending 31.03.2022 30.06.2022
15 Statement to be furnished (in Form No. 64C) by Alternative Investment Fund (AIF) to units holders in respect of income distributed during the previous year 2021-22 30.06.2022
16 Due date for furnishing of statement of income distributed by business trust to its unit holders during the financial year 2021-22. This statement is required to be furnished to the unit holders in form No. 64B 30.06.2022
17 Furnishing of Equalisation Levy statement for the Financial Year 2021-22 30.06.2022
18 Report by an approved institution/public sector company under section 35AC(4)/(5) for the year ending March 31, 2022​ 30.06.2022
19 Return in respect of securities transaction tax for the financial year 2021-2022. 30.06.2022

 

Compliance Requirement under GST, 2017 A. Filing of GSTR –3B / GSTR 3B QRMP a) Taxpayers having aggregate turnover > Rs. 5 Cr. in preceding FY

Tax period Due Date Particulars
May, 2022 20th June, 2022 Due Date for filling GSTR – 3B return for the month of June, 2021 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.

 

b). Taxpayers having aggregate turnover upto Rs. 5 crores in preceding FY (Group A)

Tax period Due Date Particulars
May, 2022 22nd June, 2022 Due Date for filling GSTR – 3B return for the month of June, 2021 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

 

c). Taxpayers having aggregate turnover upto Rs. 5 crores in preceding FY (Group B)

Tax period Due Date Particulars
May, 2022 24th June, 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

 

  1. Filing Form GSTR-1:
Tax period Due Date Remarks
Monthly return (May, 2022) 11.06.2022 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.

 

  1. Non Resident Tax Payers, ISD, TDS & TCS Taxpayers
Form No. Compliance Particulars Timeline Due Date
GSTR-5 & 5A Non-resident ODIAR services provider file Monthly GST Return 20th of succeeding month 20.06.2022
GSTR -6 Every Input Service Distributor (ISD) 13th of succeeding month 13.06.2022
GSTR -7 Return for Tax Deducted at source to be filed by Tax Deductor 10th of succeeding month 10.06.2022
GSTR -8 E-Commerce operator registered under GST liable to TCS 10th of succeeding month 10.06.2022

 

  1. GSTR – 1 QRMP monthly / Quarterly return
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 13.06.2022

 

  1. GST Refund:
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

 

  1. GSTR – 3B -Tax Liability Payment:
Compliance Particular Due Date
Due Date for Payment of Tax Liability for the taxpayer with Aggregate turnover up to INR 5 crores during previous year and who has opted for Quarterly filing of return under QRMP. 25.06.2022

 

 

Leave a Comment