As we proceed towards a new month, Jorden & Sky Advisor brings you the monthly compliance calendar for July 2020. This article lists out the important statutory compliance due dates for Tax compliance, GST filings, annual compliance & filings for private limited company and LLP.
Compliance is a continuous process of following laws, policies, and regulations, rules to meet all the necessary governance requirements without any failure.Not sticking to compliance can damage both the company and its customers. So ensure marking them in your calendar.
If you think compliance is expensive, try non‐ compliance”
| Due Date | Description | Section |
| 07-07-2020 | Due date for deposit of Tax deducted/collected for the month of June, 2020. | TDS/TCS |
| 15-07- 2020 | Due date for issue of TDS Certificate for tax deducted under section 194-IA, section 194-IA and section 194-M in the month of May, 2020 | Section 194-IA, 194-IA & 194-M |
| 15-07-2020 | Quarterly statement of TCS deposited for the quarter ending 30 June, 2020 | TCS deposited |
| 15-07-2020 | ESIC Payment for June 2020 | ESIC Payment |
| 15-07-2020 | PF Payment for June 2020 | PF Payment |
| 30-07-2020 | Quarterly TCS certificate in respect of tax collected by any person for the quarter ending June 30, 2020 | TDS Certificate |
| 31-07-2020 | Deadline for Filing Income Tax Return for FY 18-19 | ITR Returns |
| 31-07-2020 | Due Date for making Investment / payment for claiming deduction under Chapter-VIA-B of the IT Act which includes section 80C | Sec 80 C, 80D, 80G |
GSTR-3B – Monthly GST Return
| Turnover in the previous financial year | Return for the Month | Due Date |
| Upto 5 Crores | March 20 | 3 July 20 |
| Upto 5 Crores | April 20 | 6 July 20 |
| Upto 5 Crores | May 20 | 12 July 20* |
| Upto 5 Crores | June 20 | 22 July 20* |
* No Late fee if not filed till 12th Sep
| Turnover in the previous financial year | Return for the Month | Due Date | |
| More than 5 core | Jun-20 | 20-Jul-20 |
GSTR-1
| Turnover | Return for the Month / Quarter | Original Due Date | Revised New Due Date |
| Up to INR. 1.5 Crore | January-March, 2020 | 30-Apr-20 | 17-Jul-20 |
| More than INR. 1.5 Crore | Mar-20 | 11-Apr-20 | 10-Jul-20 |
| More than INR. 1.5 Crore | Apr-20 | 11-May-20 | 24-Jul-20 |
| More than INR. 1.5 Crore | May-20 | 11-Jun-20 | 28-Jul-20 |
| Up to INR. 1.5 Crore | April -June, 2020 | 31-July-20 | 31-July-20 |
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