Due Date Calender for August, 2020

 

DUE DATE	NATURE OF COMPLIANCE/FORM	PARTICULARS
03.08.20	GSTR 1	GST Filing of returns by registered person with aggregate turnover upto 1.50 crores for April – June 2020
05.08.20	GSTR 1	GST Filing of returns by registered person with aggregate turnover more than 1.50 crores for June 2020
07.08.20	TDS/TCS Payment Challan 281	Due date of depositing TCS and TDS liabilities for the Month of July, 2020
07.08.20	Equalisation Levy Deposit	Equalisation Levy is a direct tax, which is withheld at the time of payment by the service recipient where the annual payment made to one service provider (Non-Residents only) exceeds Rs. 1,00,000 in one financial year for the specified and notified services. For the month of July, 2020
11.08.20	GSTR-1	GST Filing of returns by the registered person with an aggregate turnover of more than 1.50 crores for the month of July, 2020
15.08.20	ESI Payment	Due Date for payment of Provident fund and ESI contribution for the month of July, 2020
15.08.20	PF Payment	Due Date for payment of Provident fund contribution for the month of July, 2020
20.08.20	GSTR 3B	Due Date for filing GSTR - 3B which aggregate turnover More than 5 Crores in the previous year for the month of July, 2020
31.08.20	GSTR 5	GSTR-5 to be filed by Non-Resident Taxable Person for the previous month for the period Mar, Apr, May, Jun & Jul 2020
31.08.20	GSTR 6	Due Date for filing return by Input Service Distributors for the period Mar, Apr, May, Jun & Jul 2020
31.08.20	GSTR 5A	GSTR-5A to be filed by OIDAR Service Providers for the month of July, 2020
31.08.20	GSTR 7	GSTR 7 is a return to be filed by the persons who is required to deduct TDS (Tax deducted at source) under GST for the Period March, April, May, June & July 2020
31.08.20	GSTR 8	GSTR-8 is a return to be filed by the ecommerce Operators who are required to deduct TCS (Tax collected at source) under GST March, April, May, June & July 2020
31.08.20	GSTR 4	Return filed by Composition Dealers on annual Basis for FY 2019-20

Transfer of Shares from Residents to Non Residents

Following is the Short Summary of transfer of shares from Indian to NRI

1.    Procuring Valuation certificate from registered Valuer/Chartered Accountants

2.    Payment of stamp duty of transfer of shares by resident indian (transferor)

3.    Execute Share transfer form Sh-4

4.    Transfer of Consideration amount by Non –residents to resident

5.    Filing of EMF and SMF registration along with the supporting documents

6.    Procuring FIRC and KYC from AD bank

7.    Execute share transfer documents for FC-TRS filing

8.    Filing of Form FC-TRS with RBI within 60 days of transfer of remittance

9.    Receiving approval from RBI on form SMF-FC-TRS Filed

Due Date Calender For July, 2020

DUE DATE	NATURE OF COMPLIANCE/FORM	PARTICULARS
03.07.20	GSTR-3B	Summary Return cum Payment of Tax for March by taxpayer with turnover upto 5 cr. in 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 or Lakshadweep. Can file till 30 Sep with interest @ 9% pa after this date & maximum late fee of 500.
05.07.20	GSTR-3B	Summary Return cum Payment of Tax for March by taxpayer with turnover upto 5 cr.in Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand or Odisha, the Union territories of Jammu and Kashmir, Ladakh, Chandigarh or Delhi. Can file till 30 Sep with interest @ 9% pa after this date & maximum late fee of 500.
06.07.20	GSTR-3B	Summary Return cum Payment of Tax for April by taxpayer with turnover upto 5 cr. n 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 or Lakshadweep.Can file till 30 Sep with interest @ 9% pa after this date & maximum late fee of 500.
07.07.20	TDS CHALLAN 281	Payment of TDS/TCS deducted /collected in June.
09.07.20	GSTR 3B	Summary Return cum Payment of Tax for Apr by taxpayer with turnover upto 5 cr.in Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand or Odisha, the Union territories of Jammu and Kashmir, Ladakh, Chandigarh or Delhi. Can file till 30 Sep with interest @ 9% pa after this date & maximum late fee of 500.
10.07.20	GSTR-1	Monthly return of Outward Supplies for March (Turnover exceeding 1.5 Cr.in previous year) without late fee.
15.07.20	DELHI LABOUR WELFARE FUND FORM A	Deposit Amount = No. of employees as on 30 June X 3.
15.07.20	PROVIDEND FUND ECR	E-Payment of PF for June 2020.
15.07.20	ESI CHALLAN	ESI payment for June 2020.
15.07.20	INCOME TAX FORM 27EQ	TCS Statements for Q1 of 20-21.
15.07.20	FORM 15G/15H	Uploading declarations received in Form. 15G/15H during quarter ending June.
15.07.20	INCOME TAX FORM 16B	Issue of Certificate of TDS on purchase of property for payment made in May.
17.07.20	GSTR-1	Quarterly return for January to March for quarterly filers without late fee.
20.07.20	GSTR-3B	Summary Return cum Payment of Tax for June by taxpayers having an aggregate turnover of more than Rs. 5 cr in previous financial year. Can file till 30.9.20 with interest @ 18% pa and maximum late fee of 500.
24.07.20	GSTR-1	Monthly return of Outward Supplies for April (Turnover exceeding 1.5 Cr.in previous year) without late fee.
28.07.20	GSTR-1	Monthly return of Outward Supplies for May (Turnover exceeding 1.5 Cr.in previous year) without late fee.
30.07.20	INCOME TAX FORM 26QB	Deposit of TDS on payment made for purchase of property in June.
30.07.20	INCOME TAX FROM 27D	Issue of TCS Certificate for Jun quarter.
31.07.20	INCOME TAX Form 24Q, 26Q, 27Q	TDS Statements for Q1 of 20-21.
31.07.20	INCOME TAX FROM 26QAA	Quarterly return of non-deduction of tax at source by a banks from interest on fixed deposits for quarter ending June.
31.07.20	INCOME TAX Form 24Q, 26Q, 27Q	TDS Statements for Q4 of 19-20.
31.07.20	INCOME TAX FORM 27EQ	TCS Statements for Q4 of 19-20.
31.07.20	INCOME TAX ITR 1 TO 7	Last date for filing Original & Revised ITR for AY 2019-20.
31.07.20	INCOME TAX 80C	Payment of life insurance premium, deposit of PPF etc. for saving tax of FY 19-20.