Return Tax Actual Due Specified Type Tax Payer Category Period Date Date GSTR 3B Turnover > Rs. 5 Cr. June 20 20th July 20 Turnover <= Rs. 5 Cr. In preceding FY and falling in Category 1 (Read Point 1) Mar 20 22nd Apr 20 3rd July 20 Apr 20 22nd May 20 6th July 20 May 20 12th July 20 12th Sep 20 Jun 20 22nd July 20 23rd Sep 20 Turnover <= Rs. 5 Cr. In preceding FY Mar 20 24th Apr 20 5th July 20 and falling in Category 2 (Read Point 1) Apr 20 24th May 20 9th July 20 May 20 14th July 20 15th Sep 20 Jun 20 24th July 20 25th Sep 20 GSTR 1 Monthly (Read Note 2) Mar 20 11th Apr 20 10th July 20 Apr 20 11th May 20 24th July 20 May 20 11th June 20 28th July 20 Jun 20 11th July 20 5th Aug 20 Quarterly (Read Note 2) Mar 20 30th Apr 20 17th July 20 Jun 20 31st July 20 3rd Aug 20 GSTR 4 Annual 2019-20 15th July 20 GSTR 5 Monthly Jun 20 20th July 20 31st Aug 20 GSTR 6 Monthly Jun 20 13th July 20 31st Aug 20 GSTR 7 Monthly Jun 20 10th July 20 31st Aug 20 GSTR 8 Monthly Jun 20 10th July 20 31st Aug 20 CMP08 Quarterly Mar 20 18th April 20 7th July 20 Jun 20 18th July 20
Key points to note
Note 1: As per notification no 51/2020, 52/2020 and 57/2020, late fees shall be completely waived if the tax payable is NIL and shall be capped at Rs 500 per return, in case of any tax liability in case where return is furnished after specified date till the 30th day of September, 2020.
Note 2: As per notification no 53/2020, late fees is waived, if filed within specified dates.
Note 3: For taxpayer having turnover above ₹5 Cr. no relief is provided for the months other than February, March and April 2020. Hence these taxpayers have to file monthly GSTR 3B by 20th of following month. Interest shall be charged at 18% as the case may be in case of delay. Yuvraj Tiwari & Co. Chartered Accountant
Note 4: For taxpayers having turnover below ₹5 Cr. relief in terms of nil interest is provided for the months February 2020 to April 2020 in case return is filed before specified date. Interest @ 9% shall be charged from specified date till 30th Sep, 2020.
Note 5: Benefit of late fees cap for all the categories of taxpayer irrespective of turnover limit for GSTR 3B
GSTR 3B Tax Period Failed to file Filed within Late
Liability within fees Nil Jul 17 to Jan Actual Due Date 1st July 20 to 30th Sep 20 Zero 20 Other than Jul 17 to Jan Actual Due Date 1st July 20 to 30th Sep 20 Rs 250 Nil 20 Nil Feb 20 to July Later of actual Later of actual due date Zero 20 due date or or Specified dates to 30th Specified dates Sept 20 Other than Feb 20 to July Later of actual Later of actual due date Rs 250 Nil 20 due date or or Specified dates to 30th Specified dates Sept 20
Category 1
States: Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana or Andhra Pradesh
Union territories: Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands and Lakshadweep
Union territories: Jammu and Kashmir, Ladakh, Chandigarh and Delhi
Update on Other Compliances
Kindly note due dates of GSTR 5, 6, 7 and 8 for the month of June, 2020 is extended to 31st August, 2020 Also, due date of ITC 04 for March, 2020 and June, 2020 quarter is extended to 31st August, 2020 Due date of GSTR 9, 9A and 9C for FY 2018-19 is on 30th September, 2020 Yuvraj Tiwari & Co. Chartered Accountant
Income Tax Compliance Calendar July 2020
Original Due Extended
Purpose Period Date Due Date Due date for deposit of TDS/TCS for the month of June, 2020 June'20 07-07-2020 - TDS Return/TCS Return Jan'20 to Mar'20 15.05.2020 31.07.2020 Apr'20 to Jun'20 31.07.2020 31.03.2021 Furnishing Form 16/ 16A (FY 2019-20) Jan'20 to Mar'20 15.06.2020 15.08.2020 Apr'19 to Mar'20 15.06.2020 15.08.2020 Belated Original and Revised Return for FY 2018- 19 (A. Y. 2019-20) Apr'18 to Mar'19 31.03.2020 31.07.2020 Annual ITR for AY 2020-21 for Non-Audit case* Apr'19 to Mar'20 31.07.2020 30.11.2020
Investment/Payments for claiming deduction u/s
80C to 80 GGC (PPF, LIC, Mediclaim, NPS, Donations, Fixed Deposit etc.) Apr'19 to Mar'20 31.03.2020 31.07.2020 Investment in claiming exemption u/s 54 to 54 Apr'19 to Mar'20 31.03.2020 31.07.2020 GB Due date for issue of TDS Certificate u/s 194- IA/194-IB/194-M for Feb 2020 Feb'20 14.04.2020 31.07.2020 Due date for issue of TDS Certificate u/s 194- Mar'20 15.05.2020 31.07.2020 IA/194-IB/194-M for Mar, 2020
*Annual ITR for AY 2020-21 for all assessee other than (a) corporate-assessee or (b) non-corporate assessee (whose books of account are required to be audited) or (c) working partner of a firm whose accounts are required to be audited or (d) an assessee who is required to furnish a report under section 92E.
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