| Sl. No. | Compliance Requirement under Income Tax Act, 1961 | Due Dates |
|---|---|---|
| 1 | Deposit of Tax deducted/collected for June 2023 | 07.07.2023 |
| 2 | Deposit of TDS for April 2023 to June 2023 with AO’s permission | 07.07.2023 |
| 3 | Issue of TDS Certificate for tax deducted under section 194-IA in May 2023 | 15.07.2023 |
| 4 | Issue of TDS Certificate for tax deducted under section 194-IB in May 2023 | 15.07.2023 |
| 5 | Issue of TDS Certificate for tax deducted under section 194M in May 2023 | 15.07.2023 |
| 6 | Issue of TDS Certificate for tax deducted under section 194S in May 2023 (Applicable to specified persons) | 15.07.2023 |
| 7 | Quarterly statement for foreign remittances (Form No. 15CC) for Q2 2023 | 15.07.2023 |
| 8 | Quarterly statement of TCS deposited for Q2 ending 30 June 2023 | 15.07.2023 |
| 9 | Upload declarations in Form No. 15G/15H received during Q2 2023 | 15.07.2023 |
| 10 | Furnish statement in Form No. 3BB for modified client codes in June 2023 | 15.07.2023 |
| 11 | Quarterly TCS certificate for Q2 ending June 30, 2023 | 15.07.2023 |
| 12 | Challan-cum-statement for tax deducted under section 194-IA in June 2023 | 30.07.2023 |
| 13 | Challan-cum-statement for tax deducted under section 194-IB in June 2023 | 30.07.2023 |
| 14 | Challan-cum-statement for tax deducted under section 194M in June 2023 | 30.07.2023 |
| 15 | Challan-cum-statement for tax deducted under section 194S in June 2023 (Applicable to specified persons) | 30.07.2023 |
| 16 | Quarterly statement of TDS deposited for Q2 ending June 30, 2023 | 31.07.2023 |
| 17 | Income tax return filing for AY 2023-24 (non-corporate/non-audited assesses) | 31.07.2023 |
| 18 | Quarterly return of non-deduction of TDS by a banking company for Q2 2023 | 31.07.2023 |
| 19 | Statement by scientific research association, university, etc., for July 2023 | 31.07.2023 |
| 20 | Intimation in Form 10BBB by a pension fund for Q2 2023 investments | 31.07.2023 |
| 21 | Intimation in Form II by Sovereign Wealth Fund for Q2 2023 investments | 31.07.2023 |
| Article: Important Updates |
|---|
| Update 1: Centre Announces 3-Month Extension For Implementing Revised TCS Rates |
| The increased TCS rates, initially scheduled to be effective from 1st July 2023, will now take effect from 1st October 2023. |
| Update 2: Compliance Requirement under GST, 2017 |
|---|
| A. Filing of GSTR 3B / GSTR 3B QRMP |
|---|
| Taxpayers with aggregate turnover >Rs. 5 Cr. in the preceding FY should file their GSTR-3B return for June 2023 by 20th July 2023. |
| Taxpayers with aggregate turnover up to Rs. 5 crores in the preceding FY and from Group A states should file their GSTR-3B return for June 2023 by 22nd July 2023. Group A states include 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. |
| Taxpayers with aggregate turnover up to Rs. 5 crores in the preceding FY and from Group B states should file their GSTR-3B return for June 2023 by 24th July 2023. Group B states include 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. |
| B. Filing Form GSTR-1 |
|---|
| For June 2023, the due date for monthly GSTR-1 return is 11th July 2023 for registered persons with an aggregate turnover exceeding INR 5 Crores in the preceding year. For registered persons with an aggregate turnover of less than INR 5 Crores in the preceding year who opted for monthly filing under QRMP, the due date is 13th July 2023. |
| Form No. | Compliance Particulars | Timeline | Due Date |
|---|---|---|---|
| GSTR-5 & 5A | Non-Resident Tax Payers, ISD, TDS & TCS Taxpayers | Monthly GST Return | 20th of the succeeding month |
| GSTR-6 | Every Input Service Distributor (ISD) | Monthly Return | 13th of the succeeding month |
| GSTR-7 | Return for Tax Deducted at source to be filed by Tax Deductor | Monthly Return | 10th of the succeeding month |
| GSTR-8 | E-Commerce operators registered under GST are liable to TCS | Monthly Return | 10th of the succeeding month |
| Form No. | Compliance Particulars | Timeline | Due Date |
|---|---|---|---|
| GSTR-1 QRMP | Monthly/Quarterly return for taxpayers with Annual aggregate turnover up to Rs. 1.50 Crore. | Summary of outward supply-IFF & Summary of outward supplies by taxpayers who have opted for the QRMP scheme. | 13th of succeeding month – Monthly Quarterly Return |
| Form No. | Compliance Particulars | Due Date |
|---|---|---|
| RFD-10 | Refund of Tax to Certain Persons | 18 Months after the end of the quarter for which a refund is to be claimed |
Monthly Payment of GST – PMT-06
| Compliance Particular | Due Date |
| Due Date of payment of GST for a taxpayer with Aggregate turnover up to INR 5 crores during the previous year and who has opted for Quarterly filing of return under QRMP. | 25.07.2023 |
Monthly Payment of GST – CMP-08
| Compliance Particular | Due Date |
| Form GST CMP-08 is used to declare the details or summary of self-assessed tax payable by taxpayers who have opted for a composition levy. Period: April – June 2023 | 18.07.2023 |
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