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 December 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 December 2024 calendar:
December 2024 Compliance Calendar of Income Tax
| Due Date | Description | Section |
|---|---|---|
| 07-12-2024 | “Due date for deposit of Tax deducted/collected for the month of November, 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 |
| 15-12-2024 | “Due date for furnishing of Form 24G by an office of the Government where TDS/TCS for the month of November, 2024 has been paid without the production of a challan” | Form 24G |
| 15-12-2024 | “Third instalment of advance tax for the assessment year 2025-26” | Advance Tax |
| 15-12-2024 | “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 October, 2024” | Section 194-IA, 194-IB, 194M and 194S |
| 15-12-2024 | “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 November, 2024” | Form no. 3BB |
| 30-12-2024 | “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 November, 2024” | Section 194-IA, 194-IB, 194M and 194S |
| 30-12-2024 | “Furnishing of report in Form No. 3CEAD for a reporting accounting year (assuming reporting accounting year is January 1, 2023 to December 31, 2023) by a constituent entity, resident in India, in respect of the international group of which it is a constituent if the parent entity is not obliged to file report under section 286(2) or the parent entity is resident of a country with which India does not have an agreement for exchange of the report etc.” | Form No. 3CEAD |
| 31-12-2024 | “Filing of belated/revised return of income for the assessment year 2024-25 for all assessee (provided assessment has not been completed before December 31, 2024)” | Assessment Year 2024-25 |
Recommended: Income Tax Return Filing Due Dates
GST Compliance Calendar of December 2024
| Due Dates | Compliance Particulars | Forms/(Filing Mode) |
|---|---|---|
| 11.12.2024 | The last date to file the GSTR-1 form is 11th December 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 |
| 13.12.2024 | Monthly (November 2024) | IIF |
| 20.12.2024 | Annual Turnover of more than INR 5cr in Previous FY | November 2024 | GSTR 3B |
| 20.12.2024 | Annual Turnover of up to INR 5cr in Previous FY | November 2024 | GSTR 3B |
| 13.12.2024 | All non-resident persons must file the GSTR-5 alongside the payment of GST on or before the given due date in November 2024. | GSTR 5 |
| 20.12.2024 | All the non-resident ODIAR services providers should file their monthly return GSTR-5A on or before the given due date of 20th December 2024, for the month of November 2024. | GSTR 5A |
| 13.12.2024 | Every Input Service Distributor (ISD) must file GSTR-6 on or before the given due date of 13th December for the period of November 2024. | GSTR 6 |
| 10.12.2024 | The due date for filing GSTR 7 for the period of November 2024 is 10th December. | GSTR-7 |
| 10.12.2024 | The due date for furnishing GSTR 8 for the period November 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 December. | GSTR 8 |
