For the month of November, 2019
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1. Compliance requirement under Income Tax
act, 1961
|
Applicable Laws/Acts
|
Due Dates
|
Compliance Particulars
|
Forms/
(Filing mode)
|
|
Income Tax Act, 1961
|
07.11.2019
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Due date for deposit of Tax deducted/collected for the month of
October, 2019.
However, all 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
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TDS & TCS
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Income Tax Act, 1961
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14.11.2019
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Due date for
issue of TDS Certificate for tax deducted under section 194-IA in the month
of September, 2019.
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194-IA
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Income Tax Act, 1961
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14.11.2019
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Due date for
issue of TDS Certificate for tax deducted under section 194-IB in the month
of September, 2019.
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194-IB
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Income Tax Act, 1961
|
15.11.2019
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Quarterly TDS
certificate (in respect of tax deducted for payments other than salary) for
the quarter ending September 30, 2019
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Quarterly TDS certificate
|
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Income Tax Act, 1961
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15.11.2019
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Due date for furnishing of Form 24G by an office of the Government
where TDS/TCS for the month of October, 2019 has been paid without the
production of a challan
|
Form 24G
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Income Tax Act, 1961
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15.11.2019
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Due date for furnishing statement in Form no. 3BB by a stock
exchange in respect of transactions in which client codes been modified after
registering in the system for the month of October, 2019
|
Form no. 3BB
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Income Tax Act, 1961
|
30.11.2019
|
Due date for furnishing of challan-cum-statement in respect of tax
deducted under section 194-IA in the month of October, 2019
|
Statement for tax deducted u/s 194-IA
|
|
Income Tax Act, 1961
|
30.11.2019
|
Due date for furnishing of challan-cum-statement in respect of tax
deducted under section 194-IB in the month of October, 2019
|
Statement for tax deducted u/s 194-IB
|
|
Income Tax Act, 1961
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30.11.2019
|
Annual return of income for the assessment year 2019-20 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)
|
Annual Return
|
|
Income Tax Act, 1961
|
30.11.2019
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Audit
report under section 44AB for the assessment year 2019-20 in the case of an
assessee who is also required to submit a report pertaining to international
or specified domestic transactions under section 92E
|
Audit
report under section 44AB
|
|
Income Tax Act, 1961
|
30.11.2019
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Report to
be furnished in Form 3CEB in respect of international transaction and
specified domestic transaction
|
Form 3CEB
|
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Income Tax Act, 1961
|
30.11.2019
|
Report in
Form No. 3CEAA by a constituent entity of an international group for the
accounting year 2018-19
|
Form No.
3CEAA
|
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Income Tax Act, 1961
|
30.11.2019
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Country-By-Country Report in Form No. 3CEAD
by a parent entity or an alternate reporting entity or any other constituent
entity, resident in India, for the accounting year 2018-19.
|
Form No.
3CEAD
|
|
Income Tax Act, 1961
|
30.11.2019
|
Statement of income distribution by Venture Capital Company or
venture capital fund in respect of income distributed during previous Year
2018-19 (Form No. 64)
|
Form No. 64
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Income Tax Act, 1961
|
30.11.2019
|
Statement to be furnished in Form No. 64D by Alternative Investment
Fund (AIF) to Principal CIT or CIT in respect of income distributed (during
previous year 2018-19) to units holders
|
Form No. 64D
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Income Tax Act, 1961
|
30.11.2019
|
Due date to exercise option of safe harbour rules for international
transaction by furnishing Form 3CEFA
|
Form 3CEFA
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|
Income Tax Act, 1961
|
30.11.2019
|
Due date to exercise option of safe harbour rules for specified
domestic transaction by furnishing Form 3CEFB
|
Form 3CEFB
|
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Income Tax Act, 1961
|
30.11.2019
|
Due date for filing of statement of income distributed by business
trust to unit holders during the financial year 2018-19. This statement is
required to be filed electronically to Principal CIT or CIT in form No. 64A
|
form No. 64A
|
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Income Tax Act, 1961
|
30.11.2019
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Due date for e-filing of report (in Form No. 3CEJ) by an eligible
investment fund in respect of arm's length price of the remuneration paid to
the fund manager.
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Form No. 3CEJ
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Income Tax Act, 1961
|
30.11.2019
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Application in Form 9A for exercising the option available under
Explanation to section 11(1) to apply income of previous year in the next
year or in future (if the assessee is required to submit return of income on
November 30, 2019)
|
Form 9A
|
|
Income Tax Act, 1961
|
30.11.2019
|
Statement in Form no. 10 to be furnished to accumulate income for
future application under section 10(21) or 11(1) (if the assessee is required
to submit return of income on November 30, 2019)
|
Form no. 10
|
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Income Tax Act, 1961
|
30.11.2019
|
Submit copy of audit of accounts to the Secretary, Department of
Scientific and Industrial Research in case company is eligible for weighted
deduction under section 35(2AB) [if company has any international/specified
domestic transaction]
|
weighted deduction
|
|
Income Tax Act, 1961
|
30.11.2019
|
Statement by scientific research association, university, college
or other association or Indian scientific research company as required by
rules 5D, 5E and 5F (if due date of submission of return of income is
November 30, 2019)
|
|
|
Income Tax Act, 1961
|
30.11.2019
|
Due date for claiming foreign tax credit, upload statement of
foreign income offered for tax for the previous year 2018-19 and of foreign
tax deducted or paid on such income in Form no. 67. (if due date of
submission of return of income is November 30, 2019).
|
Form no. 67
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Note:
1. PAN-Aadhaar linking
deadline extended to December 31, 2019
The Ministry of Finance, in a notification dated
September 28, announced that it has extended the deadline to link PAN with
Aadhaar to December 31, 2019. Earlier this deadline was September 30, 2019.
2. Compliance Requirement under Goods & Services Tax
Act, (GST) 2017
|
Applicable Laws/Acts
|
Due Dates
|
Compliance Particulars
|
Forms/
(Filing mode)
|
|
GST, Act, 2017
|
10.11.2019 |
Form GSTR-7
{TDS Deductor)
|
GSTR-7
|
|
GST, Act, 2017
|
10.11.2019
|
Form GSTR-8 (for the month of October 2019) -TCS Collector
(Summary of Tax Collected
at Source (TCS) and deposited by E-commerce operators under GST laws)
|
GSTR – 8
|
|
GST, Act, 2017
|
11.11.2019
|
Return of
outward supplies of taxable goods and/or services for the Month of October
2019 (for Assesses having turnover exceeding 1.5 Cr.) Monthly Return.
|
GSTR – 1
|
|
GST, Act, 2017
|
13.11.2019
|
Due date
for Furnishing return of October 2019 by Input Service Distributors (ISD)
|
GSTR – 6
|
|
GST, Act, 2017
|
20th of the succeeding
|
Payment of self-assessed tax
(Payment of tax shall be
made by 20th of the month succeeding the month to which the liability
pertains.)
|
PMT-08
|
|
GST, Act, 2017
|
18 months
after end of the quarter for which refund is to be claimed
|
Application for Refund
|
RFD-10
|
|
GST, Act, 2017
|
20.11.2019
|
Summary of
outward taxable supplies and tax payable by Non-Resident taxable person &
OIDAR respectively.
(for the
month of October, 2019)
|
GSTR-5
&
GSTR - 5A
|
|
GST, Act, 2017
|
20.11.2019
|
Simple GSTR
return for the month of October, 2019
|
GSTR – 3B
|
|
GST, Act, 2017
|
30.11.2019
|
Annual
Returns for FY 2017-18
|
GSTR-9,
GSTR-9A & GSTR-9C
|
|
GST, Act, 2017
|
3 months of the registration cancellation
date or order cancellation date, whichever comes late
|
A taxable
person who opts for cancellation of GST registration has to file a final
return under GST law in form GSTR-10 within three months.
|
GSTR - 10
|
|
GST, Act, 2017
|
28th of the month following
the month in which an inward supply is received by the UIN holders
|
Statement
of inward supplies by persons having Unique Identification Number (UIN)
|
GSTR - 11
|
Key UPDATE(s):
1.
Online
processing of refund applications and single authority disbursement
implemented. (https://www.gst.gov.in/newsandupdates/read/322)
2.
Government
has issued various forms for GST related compliances to be made by taxpayers
and for taking actions on them by tax officials. Various forms issued for
registration, filing returns or refunds etc. have been made available on the
GST Portal. (https://www.gst.gov.in/newsandupdates/read/323)
GST
Updates as on 30.09.2019:|
Sl.
No.
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Notification(s)
|
Notification
No.
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Link(s)
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|
1.
|
Seeks to prescribe the due date for furnishing of
return in FORM GSTR-3B for the months of October, 2019 to March, 2020.
|
44/2019-Central Tax ,dt. 09-10-2019
|
|
|
2.
|
Seeks to prescribe the due date for furnishing
FORM GSTR-1 for registered persons having aggregate turnover of up to 1.5
crore rupees for the quarters from October, 2019 to March, 2020.
|
45/2019-Central Tax ,dt. 09-10-2019
|
|
|
3
|
Seeks to prescribe the due date for furnishing of
return in FORM GSTR-1 for registered persons having aggregate turnover more
than 1.5 crore rupees for the months of October, 2019 to March, 2020.
|
46/2019-Central Tax ,dt. 09-10-2019
|
|
|
4
|
Seeks to make filing of annual return under
section 44 (1) of CGST Act for F.Y. 2017-18 and 2018-19 optional for small
taxpayers whose aggregate turnover is less than Rs 2 crores and who have not
filed the said return before the due date.
|
47/2019-Central Tax ,dt. 09-10-2019
|
http://www.cbic.gov.in/htdocs-cbec/gst/notfctn-47-central-tax-english-2019.pdf
|
|
5
|
Seeks to amend notification No. 41/2019 – Central
Tax, dated the 31st August, 2019.
|
48/2019-Central Tax ,dt. 09-10-2019
|
http://www.cbic.gov.in/htdocs-cbec/gst/notfctn-48-central-tax-english-2019.pdf
|
|
6
|
Seeks to carry out changes in the CGST Rules,
2017.
|
49/2019-Central Tax ,dt. 09-10-2019
|
http://www.cbic.gov.in/htdocs-cbec/gst/notfctn-49-central-tax-english-2019.pdf
|
|
7
|
Seeks to extend the last date for filing of FORM
GST CMP-08 for the quarter July-September 2019 by four days from 18.10.2019
till 22.10.2019.
|
50/2019-Central Tax ,dt. 24-10-2019
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