ITR filing GST filing Accounting outsourcing services

Compliance Calendar for the Month of June 2021

315 views

The month of June 2021 is crucial for the due dates for various compliances under the Goods and Service Act, Income Tax Act, Companies Act. Compliance as required by relevant laws or before the due dates will save the Taxpayers from hefty penalties.

Please find attached herewith Compliance Calendar for the month of June 2021 for your kind reference.

COMPLIANCE CALENDAR FOR THE MONTH OF JUNE-2021

Compliance under GST Act, 2017

S.No.

Particulars of Compliances

Form No. / Purpose

Compliance/Return Period

Original Due Date

Extended Due Date

1

GST Return of Outward Supplies :

a.  Aggregate turnover exceeding INR 5 crores during previous year

b. Aggregate turnover of less then INR 5 Crores for registered person opted for monthly filing of return under QRMP

GSTR – 3B

April, 2021

20-May-2021

4-Jun-2021

2

GST payment for the month of April, 2021 by registered person having aggregate turnover of less than INR 5 Crores and who has

opted for quarterly filing of return under QRMP.

GST Challan Payment under

QRMP

April, 2021

25-May-2021

9-Jun-2021

3

Return of TDS (GST) to be filed by the persons who is required to deduct TDS (Tax deducted at source) under GST.

GSTR-7- TDS

return under GST

May, 2021

10-Jun-2021

10-Jun-2021

4

Return of TCS to be filed by the e-commerce operators who are required to deduct TCS (Tax collected at source) under GST.

GSTR-8- TCS

return under GST

May, 2021

10-Jun-2021

10-Jun-2021

5

Due Date for filing return by Input Service Distributors (ISD).

GSTR -6

May, 2021

13-Jun-2021

13-Jun-2021

6

Filing of GST Return for dealers opted for composition scheme with reduced interest of 9%.

GST CMP-08

January to March, 2021

18-Apr-2021

17-Jun-2021

7

GST Returns of Outward Supplies-with interest @ 9% for the taxpayer with:

a.  Aggregate turnover exceeding INR 5 crores during previous year

b. Aggregate turnover of less then INR 5 Crores for registered person opted for monthly filing of return under QRMP

GSTR – 3B

March, 2021

20-Apr-2021

19-Jun-2021

8

GST Returns of Outward Supplies-without interest for the taxpayer with:

a. Aggregate turnover exceeding INR 5 crores during previous year

GSTR – 3B

May, 2021

20-Jun-2021

20-Jun-2021

9

GST Return by Non-Resident Taxable Person for the previous month.

GSTR -5

May, 2021

20-Jun-2021

20-Jun-2021

10

GST Return to be filed by OIDAR Service Providers for the previous month.

GSTR -5A

May, 2021

20-Jun-2021

20-Jun-2021

11

Return of outward supplies - for the month of March, 2021 with interest @ 9% for the taxpayer with aggregate turnover of less than INR 5 Crores and opted for quarterly filing of return. (Category X

state)

GSTR – 3B

March, 2021

22-Apr-2021

21-Jun-2021

12

Return of outward Supplies - for the month of March, 2021 with interest @ 9% for the taxpayer with aggregate turnover of less than

INR 5 Crores and opted for quarterly filing of return. (Category Y state)

GSTR – 3B

March, 2021

24-Apr-2021

23-Jun-2021

13

1. GST Filing of returns by registered person with aggregate turnover exceeding INR 5 Crores.2. Registered person, with aggregate turnover of less then INR 5 Crores, opted for monthly

filing of return under QRMP

GSTR-1 / IFF

May, 2021

11-Jun-2021

26-Jun-2021

14

Furnishing details of outward supplies-Invoice furnishing facility for registered person with turnover less than INR 5 Crores and opted for quarterly filing of return (QRMP).

Details of outward supply- IFF

May, 2021

13-Jun-2021

28-Jun-2021

15

Filing of details of goods sent to and received from Job Worker.

GST ITC-04

January to March, 2021

25-Apr-2021

30-Jun-2021

 

Compliance under Income Tax act, 1961

S. No.

Particulars of Compliances

Form No. / Purpose

Compliance/Return Period

Original Due Date

Extended Due Date

1

Monthly Deposits of TDS /TCS

Challan No. ITNS

-281

May, 2021

7-Jun-2021

7-Jun-2021

2

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

2021

Form 16

April, 2021

14-Jun-2021

14-Jun-2021

3

Due date for First Installment of advance tax for the AY 2022-23

Challan No. ITNS

-280

1st Installment

15-Jun-2021

15-Jun-2021

4

Monthly statement to be furnished by a stock exchange in

respect of transactions in which client codes been modified after registering in the system for the Previous Month

Form 3BB

May, 2021

15-Jun-2021

15-Jun-2021

5

Due date for issuance of TCS Certificate for Q4 of FY 2020-21

Form 16A

January to March, 2021

15-Jun-2021

15-Jun-2021

6

Due date of filing of TDS return for TDS deducted during Q4 of FY 2020-21. The due date for furnishing of quarterly statement of TDS has been extended from May 31, 2021 to June 30, 2021

vide Circular no. 9/2021, dated 20-05-2021

Form 24Q, 26Q, 27Q

January to March, 2021

31-May-2021

30-Jun-2021

7

Due date of furnishing of Form 24G by an office of the Government where TDS/TCS for the month of May, 2021 has been paid without the production of a challan (Extended

date Circular no. 9/2021, dated 20-05-2021)

Form 24G

January to March, 2021

15-Jun-2021

30-Jun-2021

8

Return of tax deduction from contributions paid by the trustees of an approved superannuation fund

 

Financial Year 2020-

21

31-May-2021

30-Jun-2021

9

Furnishing of Statement of financial transactions for person

mentioned u/s 285BA (Extended date)

SFT

Financial Year 2020-

21

31-May-2021

30-Jun-2021

10

Linking of PAN with AADHAAR Number

 

 

31-Mar-2021

30-Jun-2021

11

Vivad se Vishwas Scheme – Submission of Declaration last date was 31st march though its payment last date without additional interest is 30th April 2021, these dates have been Extended to

30th June 2021 vide Notification S.O. 1704 (E), dated 27-04-2021

 

 

31-Mar-2021

30-Jun-2021

12

Vivad se Vishwas Scheme – Payment of Tax without additional interest

 

 

30-Apr-2021

30-Jun-2021

13

furnishing challan cum statement of TDS in respect of tax

deducted u/s 194IA,194M, 194-IB

 

 

 

30-Jun-2021

 

Compliances under FEMA / RBI, Companies Act, Labour Laws

S.

No.

Compliance Particulars

Forms / (Filing mode)

Applicable Laws/Acts

Due Dates

1

Annual        Return        on        Foreign                   liabilities     and      assets: The FLA return is required to be submitted by the companies who have

received Foreign direct investment (FDI) and/or made Foreign direct investment abroad in the previous year(s) including the current year

FLA                 Return through                          Flair Portal

FEMA

15 July every year

2

External Commercial Borrowings Borrowers are required to report all

ECB transactions to the RBI on a monthly basis through an AD Category – I Bank

ECB 2 Return

FEMA

Monthly Basis

3

FC-GPR is a form filed when the Indian company receives the Foreign Direct Investment and the company allots shares to a person resident

outside India

Form FC-GPR

FEMA

Not later than 30 days from the date of issue of

Capital instrument

4

Reporting of transfer of shares and other eligible securities between residents and non-residents and vice- versa is to be made in Form FC- TRS.

The onus of reporting shall be on the resident transferor/ transferee.

Form FC-TRS

FEMA

Within 60 days of receipt/ remittance of funds or transfer of capital

instruments whichever is earlier.

5

A Limited Liability Partnership receiving amount of consideration and acquisition of profit shares is required to submit a report in the Form FDI

LLP-1

Form FDI LLP-I

FEMA

within 30 days from the date of receipt of the

amount of consideration.

6

A Limited liability Partnership shall report disinvestment/ transfer of

capital contribution or profit share between a resident and a non resident (or vice versa)

Form FDI LLP-II

FEMA

within 60 days from the date of receipt of funds in

7

The domestic custodian shall report the issue/ transfer/ of sponsored/ unsponsored depository receipts

Downstream statement     -Form DI & reporting at

FIFP too

FEMA ACT 1999

within 30 days from the date of allotment of capital instruments

8

Provident Fund Contribution Payment

ECR

EPF & MP Act 1952

15-Jun-2021

9

ESI Contribution Payment

ESI Challan

ESI Act, 1948)

15-Jun-2021

10

Return/Notice within 15 days of commencement/ completion of each contract by the Principal employer

Form VI-B

Contract                  Labour (Regulation                  &

Abolition)                        Act, 1970

Within 15 Days of commencement/ completion of contract

work

11

Notice of commencement/ completion of contract work by the Contractor within 15 days

Form VI-A

Contract                  Labour (Regulation                  &

Abolition)                        Act, 1970

Within 15 Days of commencement/ completion of contract

work

12

Every  company  must  file  DPT  3  for   outstanding   loans   annually.   The Companies (Acceptance of Deposits) Amendment Rules, 2019.

DPT-3

Companies Act, 2013

30-Jun-2021

 

Kindly feel free to contact us for your any query or clarification.

 

**Disclaimer**

The views expressed by the author here-in-above are personal views of the author for knowledge only. It is not to be contended and/or to be construed as the legal opinion on the subject. The reader of this document is hereby requested to take action on the basis of his understanding. The author or AajTax is not responsible for any action or inaction on part of the reader or user of this document, and shall not be held responsible to the author or AajTax for any losses or consequences occurred due to usage of this document. User and readers are hereby requested and advised to compare the law applicable and act accordingly after consultation with the consultants, advisors and practitioners.

CC_June-2021-20210610122126.pdf

Sharing is best way to say thanks to author

ITR filing GST filing Accounting outsourcing services Hope this article helped you with information on Compliance Calendar for the Month of June 2021,Compliance under GST Act, 2017,Compliance under Income Tax act, 1961,Compliances under FEMA / RBI, Companies Act, Labour Laws,Compliance Calendar, Due Date, goods and services tax, GST,GST Compliance Calendar june 2021,. Feel free to ask query with a click of button.