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GST & Income Tax Compliance Calendar Due Dates August 2022 for Corporates

GST & Income Tax Compliance Calendar Due Dates August 2022 for Corporates

This article comprises of compliances calendar due dates for the month of August 2022 which might be subject to changes and extensions as and when notified by the Government.  It also inculcates adhering to the due dates of GST return filing forms of GSTR 1, GSTR 3B, GSTR 4, GSTR 5, GSTR 6, GSTR 9, etc. It also caters to the Income tax-related compliance proposed by the Indian government for the month of August 2022 which is mandatory for taxpayers in India to adhere.

Non-compliance with due dates of GST and Income Tax may result in imposing heavy penalties for taxpayers in India. Taxpayers can avoid such heavy penalties by doing timely compliances of GST and income tax on or before due dates.

Here, we have prepared a Compliance Calendar due dates pertaining to GST and income tax compliance for August 2022:

Income Tax Due Dates Compliance Calendar for August 2022

Date

Compliance

Period

7th August 2022

The due date for deposit of Tax deducted/collected for the month of July 2022.

July 2022

14th August 2022

The due date for issue of the TDS Certificate for tax deducted under sections 194-IA, 194-IB and 194M in June 2022

June 2022

15th August 2022

The due date for furnishing of Form 24G by an office of the Government where TDS/TCS for July 2022 has been paid without the production of a challan

July 2022

Quarterly TDS certificate (in respect of tax deducted for payments other than salary) for the quarter ending June 30, 2022

June 2022

Provident fund and ESI payment

July 2022

30th August 2022

The due date for furnishing of challan-cum-statement in respect of tax deducted under sections 194-IA, 194-IB and 194M for July 2022

July 2022

 

GST Due Dates Compliance Calendar for August 2022

Due Date

Forms

Period

Description

10.08.2022

GSTR-7

July, 2022

Return for Tax Deducted at source to be filed by Tax Deductor.

10.08.2022

GSTR-8

July, 2022

E-Commerce operator registered under GST liable to deduct TCS.

11.08.2022

GSTR-1

July, 2022

Taxpayers having an aggregate turnover of more than INR 5 crores or opted to file monthly return.

13.08.2022

GSTR-1

July, 2022

Taxpayers who have opted for Invoice Furnishing Facility (IFF) under Quarterly Return Monthly Payment (“QRMP”) Scheme.

13.08.2022

GSTR-6

July, 2022

Form furnished by every Input Service Distributor (ISD).

20.08.2022

GSTR-5

July, 2022

Return for Non-Resident Taxable Person.

20.08.2022

GSTR-5A

July, 2022

Return for NRI, providing online information and database access or retrieval services to non-taxable persons in India.

20.08.2022

GSTR-3B

July, 2022

Taxpayers having an aggregate turnover of more than INR 5 crore or have opted to file monthly returns.

25.08.2022

PMT-06

July, 2022

Challan for tax payment who has opted to file the return under QRMP Scheme.

28.08.2022

GSTR-11

July, 2022

Statement of inward supplies received by persons having Unique Identification Number (UIN).

 

In Nutshell:

Compliance Calendar due dates are integral for individuals and corporates to adhere with various compliances under the Goods and Service Act, and Income Tax Act. Filing the above-mentioned compliances on or before the due dates will save the Taxpayers from hefty penalties. In case of any query, please feel free to contact the ASC Group.

 

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