Due Date of All Compliance
Income Tax
| S.no. | Particulars/ Return | Actual Due Date | Extended Due Date | Remarks |
| 1 | Income Tax Return for the FY 2018-19 | 31st March 2020 | 30th June 2020 | If delay in payment of income tax then reducing the rate of interest @9% |
| 2 | Aadhaar-PAN linking | 31st March 2020 | 30th June 2020 | |
| 3 |
Vivad se Vishwas scheme |
31st March 2020 |
31st December 2020 |
The period for making payment without an additional amount |
| 4 |
Chapter VIA - 80C (PPF, LIC), 80D (Mediclaim), 80G (Donations) etc. |
31st March 2020 |
30th June 2020 |
For claiming exemptions in IT returns for FY 19-20. if it can be paid till 30th June 2020 |
| 5 |
Due dates for issue of notice, approval order, filing of the appeal, etc. |
30th June 2020 |
The time limit is expiring between 20th March 2020 to 29th June 2020 |
|
| 6 |
For delay in payments of advanced tax, self-assessment tax, regular tax, TDS, TCS, equalization levy then |
The reduced interest rate at 9% instead of 12 %/18 % per annum ( i.e. 0.75% per month instead of 1/1.5 percent per month) will be charged for this period |
No late fee/penalty shall be charged for the delay between 20th March 2020 to 30th |
|
| 7 |
Due date of filing of Income Tax Return for the FY 2019-20 (for non-audit cases) |
31st July 2020 |
30th November 2020 |
|
| 8 |
Due date of filing of Income Tax Return for the FY 2019-20 (for audit cases) |
31st October 2020 |
30th November 2020 |
|
| 9 |
The due date for filing of audit report under section 44AB for the FY 2019-20 |
30th September 2020 |
31st October 2020 |
|
| 10 |
Due date of filing the Income Tax Return for the FY 2019-20 (for that assesses who are required to furnish report under sec 92E) |
30th November 2020 |
No Extension |
|
| 11 |
TDS Return for Quarter 4 |
31st May 2020 |
30th June 2020 |
|
| 12 |
Issue of form 16/16A |
15th June 2020 |
30th June 2020 |
|
| 13 |
TDS Returns in Form 26QB/QC/QD for - - February month return |
|
|
|
| 14 |
Issue of Form 16B/16C/16D |
|
|
|
| 15 |
TDS payment due date every quarter |
No Change |
No Extension |
7th of next month |
| 16 |
12AA and 80G for Trust, renewal of registration of trust is required after the expiry of 5 years, but if it expiry amid in lockdown period |
31st August 2020 |
31st December 2020 |
The new law introduced by FA 2020, effective from June 1, 2020, all such registrations/approvals would now be issued with an expiry period of 5 years |
| 17 |
New entities will be able to register |
1st June 2020 |
1st October 2020 |
|
Companies Act Due Dates
|
S.no. |
Particulars/ |
Actual |
Extended Due Date |
Remarks |
| 1 |
LLP annual return in form 11 |
30th May 2020 |
No Extension |
|
| 2 |
Statement of Account & Solvency of LLP in Form 8 |
30th October 2020 |
No Extension |
|
| 3 |
Applicability of Companies (Auditor’s Report) Order, 2020 shall be applicable for |
FY 2019-20 |
FY 2020-21 |
This will significantly ease the burden on companies & their auditors for the year 2019-20 |
| 4 |
The requirement to create a Deposit reserve of 20% of deposits maturing |
30th April 2020 |
30th June 2020 |
During the financial year 2020-21 |
| 5 |
The requirement to invest 15% of debentures maturing |
30th April 2020 |
30th June 2020 |
During a particular year in specified instruments |
| 6 |
Newly incorporated companies are required to file a declaration for Commencement of Business |
With 6 months |
Now 6 more months are allowed |
|
| 7 |
A minimum residency of a director in India at least 182 days of every company |
Shall not be treated as a violation due to COVID 19 |
||
| 8 |
LLP Settlement Scheme 2020 - Documents are required to be filed |
31st March 2020 |
30th September 2020 |
Late fees completely waived, full immunity from Prosecution |
| 9 |
Companies Fresh Start Scheme, 2020 - Documents are required to be filed |
31st March 2020 |
30th September 2020 |
Late fees completely waived, full immunity from Prosecution |
Goods & Service Tax (GST)
|
S.no. |
Particulars/ |
Actual |
Extended Due Date |
Remarks |
| 1 |
GSTR 3B – where aggregate turnover more than 5 crores in the PY, return for the month of February, March & April 2020 |
20th of the subsequent month |
24th June 2020 |
1. Interest would be NIL for first 15 days from the original due date and thereafter @ 9% instead of 18% (this interest rate will be applicable only if the return is filed before the extended due date) 2. Late fee waived only if filed before the extended due date) |
| 2 |
GSTR 3B – where aggregate turnover more than 1.5 crores and up to 5 Crores in the PY, return for the month of - March |
|
|
1. If a return is filed before the extended due date, otherwise interest will be charged at 18% 2. Late fee waived only if filed before the extended due date |
| 3 |
GSTR 3B – where aggregate turnover up to 1.5 crores in the PY, return for the month of - March |
|
|
1. If a return is filed before the extended due date, otherwise interest will be charged at 18% 2. Late fee waived only if filed before the extended due date |
| 4 |
GSTR-1 for the month of March, April & May 2020 |
10th of the subsequent month |
30th June 2020 |
Waiver of late fee only if GSTR-1 is filed before 30th June 2020 |
| 5 |
GSTR-1 for Quarter ending 31st March 2020 |
30th April 2020 |
30th June 2020 |
Waiver of late fee only if GSTR-1 is filed before 30th June 2020 |
| 6 |
Annual Return & GST Audit for the FY 2018-19 |
30th June 2020 |
30th September 2020 |
Incase an annual turnover of More than INR 5 crore, Both are mandatory |
| 7 |
E-way bill has been generated on or before 24th March 2020 and whose validity expiring during the lockdown period. |
31st May 2020 |
The validity of such e-way bill shall be extended till the 31st May 2020 |
|
| 8 |
Form GST CMP-02 for opting the composition scheme for the FY 2020-21 |
31st March 2020 |
30th June 2020 |
|
| 9 |
Form ITC-03 after filing form CMP-02 for FY 2020-21 |
30th June 2020 |
31st July 2020 |
For those who are newly opting for composition scheme. |
| 10 |
Form GST CMP-08 for the 4th Quarter 2020 (Jan to March) (Dealers can submit challan-cum-statement) |
18th April 2020 |
7th July 2020 |
Details of payment of self-assessed tax |
| 11 |
GSTR -4 for the FY 2019-20 |
30th April 2020 |
15th July 2020 |
Composition Scheme |
| 12 |
GST ITC-04 on Job Worker |
25th April 2020 |
30th June 2020 |
|
| 13 |
Export of Goods- registered supplier is supplying the goods to a registered exporter then the tax rate is 0.1% provided that exporter exports the goods within a period of 90 days from the date of issue of a tax invoice by the supplier |
30th June 2020 |
The requirement of exporting the goods within 90 days from the date of issue of the invoice shall be extended to 30th June 2020, if the completion of such 90 days period amid within 20.03.2020 to 29.06.2020. |
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