Adhering to tax-related compliance proposed by the Indian government is mandatory for taxpayers in India. Such compliance also inculcates adhering to the due dates of GST return filing about the complete compliance calendar detailed here and specified by the Indian government. Non-compliance with the due dates of GST return filing as per the July compliance calendar may result in imposing heavy penalties by the government for taxpayers in India. When it comes to tax evasion and corruption, tax compliance emerges as one of the central focuses of the Indian government and tax department.
In any case, a good citizen should always pay his taxes on time while adhering to all major tax-related rules and regulations proposed by the government as it is vital for the upliftment of an economy. Paying taxes as per the compliance calendar by taxpayers also helps the government properly function the administrative work related to tax collection. Taxpayers can also avoid heavy penalties and fines imposed by the government by filing their Income Tax returns on time.
Here are some of the major due dates concerning various tax compliance by the July 2024 calendar:
July 2024 Compliance Calendar of Income Tax
| Due Date | Description | Section |
|---|---|---|
| 07-07-2024 | “Due date for deposit of Tax deducted/collected for the month of June, 2024. 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” | Tax Deducted/Collected |
| 07-07-2024 | “Due date for deposit of TDS for the period April 2024 to June 2024 when Assessing Officer has permitted quarterly deposit of TDS under section 192, 194A, 194D or 194H” | Section 192, 194A, 194D or 194H |
| 15-07-2024 | “Due date for issue of TDS Certificate for tax deducted under section 194-IA, 194-IB, 194M and 194S (by specified person) in the month of May 2024” | Section 194-IA, 194-IB, 194M and 194S |
| 15-07-2024 | “Quarterly statement in respect of foreign remittances (to be furnished by authorized dealers) in Form No. 15CC for quarter ending June, 2024” | Form No. 15CC |
| 15-07-2024 | “Quarterly statement of TCS deposited for the quarter ending June 30, 2024” | TCS Quarterly |
| 15-07-2024 | “Upload the declarations received from recipients in Form No. 15G/15H during the quarter ending June, 2024” | Form No. 15G/15H |
| 30-07-2024 | “Quarterly TCS certificate in respect of tax collected by any person for the quarter ending June 30, 2024” | TCS Certificate |
| 30-07-2024 | “Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA, 194-IB, 194M and 194S (by specified person) in the month of June, 2024” | Section 194-IA, 194-IB, 194M and 194S |
| 31-07-2024 | “Quarterly statement of TDS deposited for the quarter ending June 30, 2024” | Securities Transaction Tax |
| 31-07-2024 | “Quarterly return of non-deduction of tax at source by a banking company from interest on time deposit in respect of the quarter ending June 30, 2024” | Non-deduction of Tax |
| 31-07-2024 | “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 July 31, 2024)” | Rules 5D, 5E and 5F |
| 31-07-2024 | “Intimation in Form 10BBB by a pension fund in respect of each investment made in India for quarter ending June, 2024” | Form 10BBB |
| 31-07-2024 | “Intimation in Form II by Sovereign Wealth Fund in respect of investment made in India for quarter ending June, 2024” | Sovereign Wealth Fund |
Recommended: Income Tax Return Filing Due Dates
GST Compliance Calendar of July 2024
| Due Dates | Compliance Particulars | Forms/(Filing Mode) |
|---|---|---|
| 11.07.2024 | The last date to file the GSTR-1 form is July 11, 2024, for taxpayers having an annual aggregate turnover of more than INR 1.5 crore or the ones who have opted for the monthly return filing. | GSTR 1 |
| 13.07.2024 | Quarterly (April to June) | GSTR 1 |
| 13.07.2024 | Monthly (June 2024) | IIF |
| 20.07.2024 | Annual Turnover of more than INR 5cr in Previous FY | June 2024 | GSTR 3B |
| 20.07.2024 | Annual Turnover of up to INR 5cr in Previous FY | June 2024 | GSTR 3B |
| 22.07.2024 | Quarterly (April to June) | GSTR 3B (G1) |
| 24.07.2024 | Quarterly (April to June) | GSTR 3B (G2) |
| 13.07.2024 | All the non-resident persons must file the GSTR-5 alongside the payment of GST on or before the given due date of 13th July 2024 for June 2024. | GSTR 5 |
| 20.07.2024 | All the non-resident ODIAR services providers should file their monthly return GSTR-5A on or before the given due date of 20th July 2024, for the month of June 2024. | GSTR 5A |
| 13.07.2024 | Every Input Service Distributor (ISD) must file GSTR-6 on or before the given due date of 13th July for the period of June 2024. | GSTR 6 |
| 10.07.2024 | The due date for filing GSTR 7 for the period of June 2024 is 10th July. | GSTR-7 |
| 10.07.2024 | The due date for furnishing GSTR 8 for the period June 2024 for registered e-commerce taxpayers in India who are liable to pay TCS should be deducted on or before deducted on or before 10th July. | GSTR 8 |
| 18.07.2024 | Quarterly (April to June) | CMP-08 |
Nice
itne bade company ko pata nhi h kya GSTR-5 ki due date 13 of every month hoti h
Sir, this post is not updated by the company. It is marketing teamwork and this update came in Budget 2022. thanks
this line may be Rectify ‘Previous FY 2021- 2022 GSTR 3B20.06.2022 Annual Turnover of more than INR 5cr in Previous FY May 2022 GSTR 3B
Updates gst
31-4-2021. Due date For GSTR-4. Please Check…
Please correct the due date of GSTR 4 to 30/04/2021 instead of 31/04/2021
useful and valuable updations
Good