Articles - GST

Compliance Calendar for the Month of June 2024

Compliance Calendar For The Month Of June 2024

Paying your taxes on time not only gives you an advantage in terms of saving money but also helps you avoid financial difficulties like bad credit ratings and penalties for non-compliance. Below, we’ve outlined the important compliance requirements for june Compliance Calendar for 2024-25 fiscal year.

We have segregated the Compliance Calendar in three parts:

The Compliance Calendar of important due dates for GST Returns in the Month of June 2024.
The Compliance Calendar of important due dates for Income Tax Compliance/PF/ESI in the Month of June 2024.
Important Statutory due dates for the Renewals in the Month of June 2024.

Important due dates for GST Returns in the Month of June, 2024
Due Date	Forms to be filled	Period	Who should file?
10.06.2024	GSTR-07	May 2024	To be filed by the persons who is required to deduct TDS i.e., Tax Deducted at Source under GST
10.06.2024	GSTR-08	May 2024	To be filed by the persons who is required to deduct TCS i.e., Tax Collected at Source under GST.
11.06.2024	GSTR-1	May 2024	Taxpayers whose aggregate turnover is > 5 crores or who have opted to file monthly return.
13.06.2024	GSTR-05	May 2024	To be filed by Input Service Distributors
13.06.2024	GSTR-06	May 2024	To be filed by Input Service Distributors
13.06.2024	IFF	May 2024	Taxpayers whose aggregate turnover is > 5 crores or who have opted to file quarterly return.
20.06.2024	GSTR-3B	May 2024	Taxpayers whose aggregate turnover is > 5 crores or who have opted to file monthly return.
20.06.2024	GSTR 5A	May 2024	To be filed by Non-Resident Taxpayers and ODIAR service providers.
Important due dates for Income Tax Compliance/PF/ESI in the Month of June, 2024
07.06.2024	TDS and TCS liabilities to the ITD	May 2024	To be filed by entities who are required to deduct tax at the source before making certain payments, such as salaries, interest, rent, commission, etc.
14.06.2024	TDS Certificate (Form 16)	April 2024	Form 16 is filed by any salaried person whose tax has been deducted by the employer at the source.
14.06.2024	TDS Certificate (Form 16A)	April 2024	Form 16A is typically filed by the payer of income, such as an employer or a financial institution, to report tax deducted at source (TDS) on income other than salary.
14.06.2024	TDS Certificate (Form 16B)	April 2024	Form 16B is filed by the buyer of immovable property (like land, building, apartment) if TDS is deducted on the purchase of such property.
14.06.2024	TDS Certificate (Form 16C)	April 2024	Form 16C is filed by the person who is responsible for paying any income or making any payment (other than salary) to a resident. It’s primarily related to TDS on rent.
14.06.2024	TDS Certificate (Form 16D)	April 2024	Form 16D is filed by the tenant (deductor) for TDS deducted on rent.
15.06.2024	Professional tax returns	May 2024	Filing professional tax returns typically falls on the employers or the individuals who are liable to pay professional tax
15.06.2024	PF/ESI	May 2024	Employers are required to deduct the specified amounts from employees’ salaries and contribute their share towards PF and ESI
30.06.2024	Challan cum TDS statement (Tax deducted under 194IA, 194IB, and 194M)	May 2024	To be filed by a contractor, an employer, or any person or entity making specified payments where TDS is required to be deducted as per the provisions of the Income Tax Act, 1961.
Important Statutory due dates for the Renewals in the Month of June 2024
30.06.2024	DPT-3	Financial Year 2023-24	Form DPT-3 is filed by companies in India under the Companies Act, 2013. Specifically, it is filed by companies to provide information about deposits, including details of outstanding deposits and depositors, as required by rule 16 of the Companies (Enacting Deposits Rules, 2014).
30.06.2024	IEC Code Renewal	Financial Year 2023-24	An Importer-Exporter Code (IEC) is a significant business identification number for an import/export business. A person/entity cannot export or import without obtaining an IEC unless specifically exempted.

Please make sure to keep a check! So you do not forget these important dates under Income Tax.

Tags: Compliance CalendarDue Date of Income TaxDue dates for GST ReturnsMonthly compliance calendar

1 year ago

Team Ebizfiling

Ebizfiling.com is a leading online platform offering end-to-end business compliance solutions for startups, SMEs, and global companies. With a presence across India and international markets including the USA, UK, and Singapore, the company specializes in company/LLP incorporation, ITR and GST filings, legal advisory, and foreign subsidiary formation. Backed by experienced professionals including CAs, CSs, and legal experts, Ebizfiling delivers accurate, timely, and regulation-compliant services trusted by thousands of businesses. The platform aims to simplify complex compliance processes through technology, personalized support, and a deep understanding of Indian and global regulatory frameworks.