Business Compliance Calendar for April-22

INCOME TAX

15th April 2022- Due date for TCS return for Quarter Jan-Mar’22

30th April 2022- TDS deducted /TCS collected for the month of March, 2022

 30th April 2022-Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IB/194-IA/194-M in the month of March, 2022. Also not that TDS to be deducted on consideration or stamp duty value W.E.H. (w.e.f. 01/04/2022), for the purpose of 194-1A.

 30th April 2022- Due date for submission of Form 15G/H for non deduction of TDS

The CBDT issued Circular No. 08/2022 dated March 31, 2022 regarding the extension of timeline for electronic filing of Form No.10AB for seeking registration or approval under Section 10(23C), 12A or 80G of the Income-tax Act, 1961 to 30 September,2022.

 GST

1st April 2022- Businesses with an annual aggregate turnover of more than Rs.20 crore, as calculated in any preceding financial year from 2017-18 up to 2021-22, must begin generating e-invoices and new start of invoice series from from 1-4-2022

11th April 2022-Due date of filling GSTR-1 for the month of March- 2022 who does not opt QRMP (Quarterly Return Filing and Monthly Payment of Taxes) Scheme under GST.

13th April 2022-Due date of filling of GSTR 1 (QRMP) who opted QRMP (Quarterly Return Filing and Monthly Payment of Taxes) Scheme under GST.

18th April 2022- Due date for filing of form CMP-08  opting for composition scheme for the quarter January to March’22

20th April 2022-Due date of filling GSTR-3B by registered person filling monthly return for the month of March, 2022 (for Maharashtra and Chattisgarh state)

22th April 2022- GSTR 3B for Jan- Mar’22 quarter, under QRMP scheme.

30th April 2022- Taxpayers having Turnover below Rs 5 Crores shall have an option to select the frequency of GST return i.e., Quarterly return monthly payment (QRMP) Scheme filing for FY 2022-23.

 ESI/PF

15th April 2022- Due date for payment of Provident Fund, ESI contribution for employers who have paid wages to their employees for March 2022.

25th April 2022- Due date of filing of return for month of March 2022.

 PROFESSIONAL TAX

30th April 2022- Due date for payment of PT for the month of March where tax liability is more than Rs.100,000/-. (Monthly)

 ROC

Extension/Deferment of the following Due dates

• Implementation of Audit Trail software now shall be applicable from FY commencing on or after the April 1, 2023.

• CSR-2 extended upto  May 31, 2022.