Compliance calendar for the month of June 2021

Compliance calendar for the month of June 2021

Legal & Compliance

Parth Mishra

Parth Mishra

14 Jun 2021, 11:04 — 6 min read

Most of the places in India are in complete lockdown due to raise in Covid cases. However, it is important for businesses and entrepreneurs to stay compliant with various compliances during the month of June 2021.

Every month there are significant compliances related to statutory and tax. However, if we look at the compliance calendar, we can understand that there are various tax and statutory compliance due dates relating to ROC filings, Income tax return filings and GST Return filings which falls under the month of June 2021.

For Companies apart from statutory and tax compliances, there is an extra compliance in the month of June 2021. Which is DPT-3 annual compliance. This is a return of deposits that companies must file to furnish information about outstanding receipt of loan or money other than deposits. The due date for filing DPT-3 for the financial year 2020-21 is 30th June 2021.

Below is the complete compliance calendar for the month of June 2021. This calendar has been prepared in three parts, Compliance Calendar for GST due dates of June 2021, Compliance Calendar for Income Tax Return due dates for the month of June, 2021 and Compliance calendar for the DPT-3 Annual Filing in the Month of June 2021.

Requesting you to have a complete look on each calendar to understand due dates and requirements for your business.

Tax Compliance and Statutory Compliance calendar for the month of June 2021

GST Compliance calendar for the month of June 2021. (Important due dates for GST Return filings)

 

SL NO

Form to be filed

For the Period

Due date

Who should file?

1

GSTR 7

May 2021

10.06.2021

GSTR 7 is a return to be filed by the persons who is required to deduct TDS (Tax TDS (Tax deducted at source) deducted at source) under GST

2

GSTR 8

May 2021

10.06.2021

GSTR-8 is a return to be filed by the e-commerce operators who are required to deduct TCS (Tax collected at source) under GST

3

GSTR 1

May 2021

11.06.2021

Taxpayers having an aggregate turnover of more than Rs. 1.50 Crores or opted to file Monthly Return

4

GSTR 1 IFF (QRMP)

May 2021

11.06.2021

GST return for the taxpayers who opted for QRMP scheme (Optional)

5

GSTR 6

May 2021

13.06.2021

Input Service Distributors

6

GSTR 5 & 5A

May 2021

20.06.2021

Non-Resident Taxpayers and ODIAR services provider

7

GSTR 3B

May 2021

20.06.2021

The due date for GSTR-3B having an Annual Turnover of more than 5 Crores

8

GST Challan

For all Quarterly filers

25.06.2021

GST Challan Payment if no sufficient ITC for April (for all Quarterly Filers)

 

Income Tax and Statutory compliance calendar for the month of June 2021. (Important due dates for TDS/PF/ESI return filings)

SL NO

Form to be filed

For the Period

Due date

Who should file?

1

Challan No. ITNS-281

May 2021

07.06.2021

Payment of TDS/TCS deducted /collected in May 2021.

2

Electronic Challan cum Return (ECR) (PF)

May 2021

15.06.2021

E-payment of Provident Fund

3

ESI Challan

May 2021

15.06.2021

ESI payment

4

Form No. 3BB

May 2021

15.06.2021

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 May, 2021

5

PT Payment

FY 2021-22

20.06.2021

Professional tax payment for the financial year 2021-22. (Karnataka) . Due date differs from one state to another

6

Pan and Aadhar linking

-

30.06.2021

Personals who have not linked their Aadhar with PAN Card

7

Payment of Tax under Vivad se Viswas Scheme

-

30.06.2021

Personals who have disputes related to income tax

8

Form SFT Return

FY 2020-21

30.06.2021

Tax payers who are required to file form 61 A

9

Payment of Advance Tax

First Quarter of FY 2021-22

15.06.2021

Personals who required to pay Advance Tax

 

DPT-3 annual filing compliance in the month of June 2021 (Important due date for Form DPT-3)

 NO

Form to be Filed

For the Period

Due Date

Who should file?

1

DPT-3 Filing

FY 2020-21

30.06.2021

Companies who have taken outstanding loans

 

May 2021 was crucial for due dates for various compliances as compared to June 2021.  However, in this month as well there are various regular compliances related GST filings, Income Tax filings and Statutory compliances. Along with these there is an additional filing of DPT-3 for Companies.

Filing the above-mentioned list of compliances on or before the due days will save businesses and entrepreneurs from hefty penalties. We advise you to get in touch with your CA/CS for filing for these compliances. If you need any help, feel free to connect with me.

Also read: New PF tax rules from April: How will it impact you?

 

To explore business opportunities, link with me by clicking on the 'Connect' button on my eBiz Card.

Image source: shutterstock.com

 

Disclaimer: The views and opinions expressed in this article are those of the author and do not necessarily reflect the views, official policy or position of GlobalLinker.

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