Due Date and Compliance Calendar for April 2020
This post contains various Compliance requirements under Statutory Laws for the Month of April 2020.
- Compliance requirement under Income Tax act, 1961
| Income Tax Act, 1961 | 07.04.2020 | Due date for deposit of Tax deducted by an office of the government for the month of March, 2020. However, all sum deducted 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 | Tax deducted by Govt. Office |
| Income Tax Act, 1961 | 14.04.2020 | Due date for issue of TDS Certificate for tax deducted under section 194-IA in the month of February, 2020 | TDS Certificate under section 194-IA |
| Income Tax Act, 1961 | 14.04.2020 | Due date for issue of TDS Certificate for tax deducted under section 194-IB in the month of February, 2020 | TDS Certificate under section 194-IB |
| Income Tax Act, 1961 | 14.04.2020 | Due date for issue of TDS Certificate for tax deducted under section 194M in the month of February, 2020 | TDS Certificate under section 194M |
| Income Tax Act, 1961 | 15.04.2020 | Quarterly statement in respect of foreign remittances (to be furnished by authorized dealers) in Form No. 15CC for quarter ending March, 2020 | Form No. 15CC |
| Income Tax Act, 1961 | 15.04.2020 | 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 March, 2020 |
Form no. 3BB |
| Income Tax Act, 1961 | 30.04.2020 | Due date for furnishing of Form 24G by an office of the Government where TDS/TCS for the month of March, 2020 has been paid without the production of a challan | Form No. 24G |
| Income Tax Act, 1961 | 30.04.2020 | Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA in the month of March, 2020 | Tax Deducted under section 194-IA |
| Income Tax Act, 1961 | 30.04.2020 | Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IB in the month of March, 2020 | Tax Deducted under section 194-IB |
| Income Tax Act, 1961 | 30.04.2020 | Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194M in the month of March, 2020 | Tax Deducted u/s 194M |
| Income Tax Act, 1961 | 30.04.2020 | Due date for deposit of Tax deducted by an assessee other than an office of the Government for the month of March, 2020. | Tax deducted by non – govt. |
| Income Tax Act, 1961 | 30.04.2020 | Due date for e-filing of a declaration in Form No. 61 containing particulars of Form No. 60 received during the period October 1, 2019 to March 31, 2020. | Declaration in Form No. 61 |
| Income Tax Act, 1961 | 30.04.2020 | Due date for uploading declarations received from recipients in Form. 15G/15H during the quarter ending March, 2020. | Form. 15G/15H |
| Income Tax Act, 1961 | 30.04.2020 | Due date for deposit of TDS for the period January 2020 to March 2020 when Assessing Officer has permitted quarterly deposit of TDS under section 192, 194A, 194D or 194H | Quarterly TDS
(January to March 2020) |
Update:
- PAN-Aadhaar linking deadline FURTHER extended to JUNE, 2020
The due date for linking of PAN with Aadhaar as specified under sub-section 2 of Section 139AA of the Income-tax Act,1961 has been extended from 31st December, 2019 to 31st March, 2020 and further extended to 30th June, 2020 due to COVID – 19 outbreak. (Notification no.107 of 2019 dated 30/12/2019 issued by CBDT.)
- Compliance Requirementunder Goods & Services Tax Act, (GST) 2017
| Applicable Laws/Acts | Due Dates | Compliance Particulars | Forms/(Filing mode) |
| GST, Act, 2017 | End of June 2020 | Turnover less than Rs. 5 Crore Those having aggregate annual turnover less than Rs. 5 Crore Last date can file GSTR-3B due inMarch, April and May 2020 by the last week of June, 2020. No interest, late fee, and penalty tobe charged. | GSTR-3B |
| GST, Act, 2017 | End of June 2020 | Turnover More than Rs. 5 Crore Can file returns due in March, April and May 2020 by last week of June 2020 but the samewould attract reduced rate of interest @9 % per annum from 15 days after due date(current interest rate is 18 % per annum). No late fee and penalty to be charged, if complied before till 30 June 2020. | GSTR – 3B |
| GST, Act, 2017 | End of June 2020 | Return of outward supplies of taxable goods and/or services for the Month of March 2020 (for Assesses having turnover exceeding 1.5 Cr.) Monthly Return. | GSTR – 1 |
| GST, Act, 2017 | End of June 2020 | Return of outward supplies of taxable goods and/or services for the Month of March 2020 (for Assesses having turnover Less than 1.5 Cr.) Monthly Return. | GSTR – 1 |
| 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 | 30.06.2020 | Annual Returns for FY 2018-19 | 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 |
| GST, Act, 2017 | Last week of June 2020 | Return filed by composition dealer statement-cum-challan to declare the details or summary of his/her self-assessed tax payable for a given quarter.
(January 2020 to March 2020) |
CMP-08 |
Note:
- For GST, no different staggering dates will be applicable.
- Date for opting for composition scheme is extended till the last week of June, 2020. Further, the last date for making payments for the quarter ending 31 March, 2020 and filing of return for 2019-20 by the composition dealers will be extended till the last week of June, 2020.
- Compliance under Other Statutory Laws
| Applicable Laws/Acts | Due Dates | Compliance Particulars | Forms/(Filing mode) |
| EPF(The Employees’ Provident Funds And Miscellaneous Provisions Act, 1952) | 15.04.2020*’
(may be extended) |
PF Payment for February, 2020 | ECR |
| ESIC(Employees’ State Insurance Act, 1948) | 15.04.2020* | ESIC Payment for February, 2020 | ESI Challan |
| The Apprenticeship Act 1961 | 15.04.2020 | Half Yearly Return March Ending | Form APP-2 |
| The Employment Exchange (CNV) Act 1959 & Rules | 30.04.2020 | Quarterly Return For Quarter Ended 31st March | ER-1 Rule 6 |
Note: “The ESI contribution for the month of February 2020 and March 2020 can be filed and paid up to April 15, 2020 and May 15, 2020 instead of March 15, 2020 and April 15, 2020 respectively,”
Updates under Labour Laws:
- Centre will pay the EPF contribution both, of the employer and of the employee (12 percent each) for the next three months. This is for all those establishments that have up to 100 employees and 90 percent of whom earn under Rs 15,000 per month.
- Provident scheme regulations will be amendment to allow non-refundable advance of 75 percent or three months’ wages, whichever is lower. This will benefit 4.8 crore workers who are registered with the EPF.
- For construction workers*: There is a Buildings and Other Construction Workers’ Fund. We are giving directions to states to release those funds.
- Insertion of provision in the EPF scheme, 1952 to provide advance to the EPF members in the situation emerging due to COVID-19 pandemic.
- Preventive measures to contain the spread of COVID-19.
- Compliances under FEMA / RBI
| Applicable Laws/Acts | Due Dates | Compliance Particulars | Forms / (Filing mode) |
| FEMA ACT 1999 | Monthly Basis | External Commercial Borrowings
Borrowers are required to report all ECB transactions to the RBI on a monthly basis through an AD Category – I Bank in the form of ‘ECB 2 Return’. |
ECB 2 Return |
| FEMA ACT 1999 | Not later than 30 days from the date of issue of shares | After issue of shares or other eligible securities, the Indian company has to file | Form FC-GPR |
| FEMA ACT 1999 | With in 60 days from the date of receipt of the amount of consideration. | Reporting of transfer of shares and other eligible securities between residents and non-residents and vice- versa is to be made in Form FC-TRS. | Form FC-TRS. |
| FEMA ACT 1999 | With in Six (6) months {receive share certificates or any other documentary evidence of investment in the foreign JV / WOS as an evidence of investment and submit the same to the designated AD within 6 months;} | An Indian Party and a Resident Individual making an overseas investment is required to submit form ODI
(Overseas investments (or financial commitment) in Joint Ventures (JV) and Wholly Owned Subsidiaries (WOS)) |
Form ODI |
- Compliance Requirement UNDER Companies Act, 2013 and Rules made thereunder;
| Applicable Laws/Acts | Due Dates | Compliance Particulars | Forms / Filing mode |
| Companies Act, 2013 | Within 180 Days From The Date Of Incorporation Of The Company + An additional time of 6 more months shall be allowed by MCA | As per Section 10 A (Commencement of Business) of the Companies Act, 2013, inserted vide the Companies (Amendment) Ordinance, 2018 w.e.f. 2nd November, 2018, a Company Incorporated after the ordinance and having share capital shall not commence its business or exercise any borrowing powers unless a declaration is filed by the Director within 180 days from the date of Incorporation of the Company with the ROC. | MCA E- Form INC 20A |
| Companies Act, 2013 | First declaration within 90 days from the date of notification Dt. 08.02.2019
( i.e. On or before 8th of May, 2019) |
A person having Significant beneficial owner shall file a declaration to the reporting company
i.e. within 90 days of the commencement of the Companies (Significant Beneficial Owners) Amendment Rules, 2019 i.e. 08.02.2019 In case Subsequent Acquisition of the title of Significant Beneficial Owner / Any Change thereina declaration in Form No. BEN-1 required to be filed to the reporting company, within 30 days of acquiring such significant beneficial ownership or any change therein. |
Form BEN-1 |
| Companies Act, 2013 | 31.03.2020
(Due Date Extended From 30.09.2019 to 31.12.2019 and further extended to 31.03.2020 |
Filing of form BEN-2 under the Companies (Significant Beneficial Owners) Rules, 2018.
(Within 30 days from deployment of the E –form (earlier the date of receipt of declaration in BEN-1 ) BEN -2 due date extended till 31.03.2020 |
Form BEN – 2 (e-form deployed by Ministry (ROC)) on 01.07.2019 |
| Companies Act, 2013 | On or before 15.06.2019
(form can be filed after due date with a fee of Rs. 10000 (one time fee) |
Filing of the particulars of the Company & its registered office.
(by every company incorporated on or before the 31.12.2017.) Due date extended- Link : |
Active Form INC -22A |
| Companies Act, 2013 | Annually (can be filed after due date with a penalty of Rs. 5000/-) | *DIN KYC through DIR 3 KYC Form is an Annual Exercise.
Last date for filing DIR-3 KYC for Financial year 2018-19 has been extended till 14th November 2019 http://www.mca.gov.in/Ministry/ pdf/Companies5th Amendt Rules_30092019.pdf and http://www.mca.gov.in/Ministry /pdf/Companies4th Amendt Rules_30092019.pdf Annual Exercise: http://www.mca.gov.in/Ministry/pdf/DIR3 KYCcompleteMessage_13042019.pdf Penalty after due date is Rs. 5000/-(one time) |
E-Form DIR – 3 KYC (Web Based and E-form)
|
| Companies Act, 2013 | within 60 days from the date of deployment of this form on the website of the Ministry. | Reconciliation of Share Capital Audit Report (Half-yearly)
Pursuant to sub-rule Rule 9A (8) of Companies (Prospectus and Allotment of Securities) Rules, 2014 To be filed all unlisted companies, deemed public companies Till further clarification to be filled in GNL-2 Applicable w.e.f. 30.09.2019 |
E-Form PAS – 6 (E-Form, Not yet deployed) |
| Companies Act, 2013 | Within 150 days from the date of deployment of this Form | Annual Return To Be Filed By Auditor With The National Financial Reporting Authority | NFRA-2 (form not yet deployed) |
Due dates of ROC Return Filings
| Sl. No. | Particulars | Due Date | E- Form |
| 1 | Appointment of Auditor | Within 15 days from the conclusion of AGM
(ratification at every annual general meeting is not mandatory) |
ADT-1 |
| 2 | Filing of financial statement and other documents with the ROC | On or before 30.11.2019
(due date extended) With in 30 days from the conclusion of the AGM, other than OPC (In case of OPC within 180 days from the close of the financial year) |
AOC-4* |
| 3 | Filing of annual return by a company. | On or before 31.12.2019
(due date extended) With in 60 days from the conclusion of AGM |
MGT-7* |
| 4 | Filing of Cost Audit Report with the Central Government | *On or before 29.02.2020.
(due date extended) With in 30 days from the receipt of Cost Audit Report |
CRA-4* |
| 5 | Filing of Resolutions and agreements to the Registrar | With in 30 days from the date of Board Meeting. | MGT-14 |
MCA – ROC Updates:
RE-ACTIVATION OF DEACTIVATED DIN (DIR-3KYC Form) AND ACTIVE NON-COMPLIANT (Active form) COMPANIES WITHOUT PENALTY
- DIN holders of DINs marked as ‘Deactivated’ due to non-filing of DIR-3KYC/DIR-3 KYC-Weband 2) those Companies whose compliance status has been marked as “ACTIVE non-compliant” due to non-filing of Active Company Tagging Identities and Verification(ACTIVE) e-form are encouraged to become compliant once again in pursuance of the General Circular No. 11 dated 24th March, 2020 & General Circular No.12 dated 30th March 2020 and file DIR-3KYC/DIR-3KYC-Web/ACTIVE as the case may be between 1st April, 2020 to 30th September, 2020 without any filing fee of INR 5000/INR 10000 respectively.