Thursday, 30 December 2021

Compliance Calendar for the Month of January 2022

 Wishing you a Happy New Year, bursting with fulfilling and exciting opportunities. May this New Year bring a lot of opportunities to serve you !!!

 

S.No

Particulars of Compliance

Forms/returns

Due Date

Compliances Calendar for GST

1.      

Due date for filing GSTR-7 to be filed by the person who is required to deduct TDS under GST for the month of December 2021.

GSTR-7

10-01-2022

2.      

The due date for furnishing statement by e-commerce companies for the Month of December 2021.

GSTR-8

10-01-2022

3.      

Return of outward supplies of taxable goods and/or services for the Month of December 2021 - Monthly Return.

Annual turnover of more than Rs.5 crore must file monthly or not opted into the QRMP scheme, wherever eligible.

GSTR -1

11-01-2022

4.      

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

GSTR -1

(Quarterly)

13-01-2022

5.      

Return for Input Service Distributor.

GSTR – 6

13-01-2022

6.      

Quarterly challan-cum-statement to be furnished by composition taxpayers. Oct-Dec’21.

CMP-08

(Quarterly)

18-01-2022

7.      

Summary of outward taxable supplies and tax payable by Non-Resident taxable person & OIDAR.

GSTR-5 &

GSTR – 5A

20-01-2022

8.      

GSTR return for the month of December, 2021.

For the taxpayer with Aggregate turnover upto INR 5 crores during previous year and taxpayers who has opted for monthly filing of GSTR-3B.  

GSTR 3B

20-01-2022

9.      

Summary of outward supplies, ITC claimed, and net tax payable by taxpayers who have opted for the QRMP scheme and registered in category X states or UTs#.

GSTR 3B

22-01-2022

10.   

Summary of outward supplies, ITC claimed, and net tax payable by taxpayers who have opted for the QRMP scheme and registered in category Y states or UTs##.

GSTR 3B

24-01-2022

11.   

GST Annual Return & Reconciliation Statement for the FY 2020-21.

GSTR-9

&

GSTR-9C

28-02-2022

12.   

#Category X: Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, the Union Territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands and Lakshadweep.

##Category Y: Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand, Odisha, the Union Territories of Jammu and Kashmir, Ladakh, Chandigarh and New Delhi.

*The due dates mentioned are subject to changes notified by the GST department.

 

 

S.No

Compliances Calendar for ESI and PF Payments

Forms/returns

Due Date

1.      

PF Payment for December 2021

ECR

15-01-2022

2.      

ESIC Payment for December 2021

ESI Challan

15-01-2022

S.No

Compliances Calendar for Income Tax Act

Forms/returns

Due Date

1.      

Due date for deposit of Tax deducted/collected for the month of December, 2021. 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.

 

07-01-2022

2.      

Due date for deposit of TDS for the period October 2021 to December 2021 when Assessing Officer has permitted quarterly deposit of TDS under section 192, section 194A, section 194D or section 194H.

 

07-01-2022

3.      

Due date for issue of TDS Certificate for tax deducted under section 194-IA in the month of November, 2021.

 

14-01-2022

4.      

Due date for issue of TDS Certificate for tax deducted under section 194-IB in the month of November, 2021.

 

14-01-2022

5.      

Due date for issue of TDS Certificate for tax deducted under section 194M in the month of November, 2021.

 

14-01-2022

6.      

Due date for filing of audit report under section 44AB for the assessment year 2021-22 in the case of a corporate-assessee or non-corporate assessee (who was required to submit his/its return of income on October 31, 2021)

 

The due date for filing of audit report for Assessment Year 2021-22 has been extended vide Circular no. 17/2021, dated 09-09-2021.

 

15-01-2022

7.      

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

 

15-01-2022

8.      

Quarterly statement of TCS for the quarter ending December 31, 2021.

 

15-01-2022

9.      

Quarterly statement in respect of foreign remittances (to be furnished by authorized dealers) in Form No. 15CC for quarter ending December, 2021.

 

15-01-2022

10.   

Due date for furnishing of Form 15G/15H declarations received during the quarter ending December, 2021.

 

15-01-2022

11.   

Quarterly TCS certificate in respect of quarter ending December 31, 2021.

 

30-01-2022

12.   

Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA in the month of December, 2021.

 

30-01-2022

13.   

Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IB in the month of December, 2021.

 

30-01-2022

14.   

Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194M in the month of December, 2021.

 

30-01-2022

15.   

Quarterly statement of TDS for the quarter ending December 31, 2021.

 

31-01-2022

16.   

Quarterly return of non-deduction at source by a banking company from interest on time deposit in respect of the quarter ending December 31, 2021.

 

31-01-2022

17.   

Intimation under section 286(1) in Form No. 3CEAC, by a resident constituent entity of an international group whose parent is non-resident.

 

31-01-2022

18.   

Audit report under section 44AB for the assessment year 2021-22 in the case of an assessee who is also required to submit a report pertaining to international or specified domestic transactions under section 92E.

 

The due date for furnishing of audit report for Assessment Year 2021-22 has been extended from October 31, 2021 to November 30, 2021 vide Circular no. 9/2021, dated 20-05-2021.

 

The due date for furnishing of audit report for Assessment Year 2021-22 has been further extended from November 30, 2021 to January 31, 2022 vide Circular no. 17/2021, dated 09-09-2021.

 

31-01-2022

19.   

Return of income for the assessment year 2021-22 for all assessee other than (a) corporate-assessee or (b) non-corporate assessee (whose books of account are required to be audited) or (c) partner of a firm whose accounts are required to be audited or the spouse of such partner if the provisions of section 5A applies or (d) an assessee who is required to furnish a report under section 92E.

 

The due date for furnishing of return of income for Assessment Year 2021-22 has been extended from July 31, 2021 to September 30, 2021 vide Circular no. 9/2021, dated 20-05-2021.

 

The due date for furnishing of return of income for Assessment Year 2021-22 has been further extended from September 30, 2021 to December 31, 2021 vide Circular no. 17/2021, dated 09-09-2021.

 

31-12-2021

 

[Due date as on 30th December, 2021]

20.   

Return of income for the assessment year 2021-22 in the case of an assessee if he/it is required to submit a report under section 92E pertaining to international or specified domestic transaction(s)

 

The due date for furnishing of return of income for Assessment Year 2021-22 has been further extended from December 31, 2021 to February 28, 2022 vide Circular no. 17/2021, dated 09-09-2021.

 

 

28-02-2022

21.   

Filing of belated/revised return of income for the assessment year 2021-22 for all assessee (provided assessment has not been completed before December 31, 2021).

 

The due date for filing of belated/revised return of income for the assessment year 2021-22 has been further extended from January 31, 2022 to March 31, 2022 vide Circular no. 17/2021, dated 09-09-2021.

 

31-03-2022

S.No

Compliances Calendar for LODR/SEBI

Remarks

Due Date

1.      

Regulation 13 (3) - Statement of Grievance Redressal Mechanism.

Within 21 days from the end of the quarter.

21-01-2022

2.      

27(2)(a) – Corporate Governance Report.

As above

21-01-2022

3.      

Regulation 31 (1) (b)- Shareholding Pattern.

As above

21-01-2022

4.      

Reconciliation of share capital audit report.

Within 30 days from the end of the quarter.

30-01-2022

5.      

Regulation 32 (1) - Statement of deviation(s) or variation(s).

Within 45 days from the end of the quarter

14-02-2022

6.      

Regulation 33 (3) (a) - Financial Results alongwith Limited review report/Auditor’s report.

As above

14-02-2022

S.No

Compliance Calendar for Companies Act, 2013

Forms/returns

Due Date

1.      

MCA vide Circular dated 29th December, 2021 has extended the timeline for filing Forms AOC-4, AOC-4 CFS, AOC-4 and AOC-4 XBRL (Filing of Financial Statements) for the Financial Year 2020-21 without paying additional fees upto 15th February, 2022. [G.C 22/2021].

Forms AOC-4, AOC-4 CFS, AOC-4 and AOC-4 XBRL

15-02-2022

2.      

MCA vide Circular dated 29th December, 2021 has extended the timeline for filing Form MGT-7/ 7A (Filing of Annual Return) for the Financial Year 2020-21 without paying additional fees upto 28th February, 2022. [G.C 22/2021].

Form MGT-7/ 7A

28-02-2022

Note: This Compliance Calendar has been prepared based on the information available as on 30th December 2021. Members are requested to verify the subsequent changes, if any made to the due dates.

Compliance Calendar for the Month of January 2022

  Wishing you a Happy New Year, bursting with fulfilling and exciting opportunities. May this New Year bring a lot of opportunities to serve...