Statutory & Tax Compliance Calendar – October 2023
These responsibilities have specific deadlines set by government authorities, and it's crucial to meet them on time. To help you keep track of these important dates in October 2023, we've created a Statutory Compliance Calendar.
Statutory & Tax Compliance Calendar – October 2023
Businesses regardless big or small in size, engage in various transactions like buying and selling. Every business transaction comes with certain responsibilities that business owners must fulfill as part of their ethical duties.
These responsibilities have specific deadlines set by government authorities, and it's crucial to meet them on time. To help you keep track of these important dates in October 2023, we've created a Statutory Compliance Calendar.
This calendar includes key dates for tasks like filing Income Tax Returns, submitting GST returns, making TDS payments, and meeting annual filing requirements for Companies, LLPs, and Small Businesses. Our focus is on individuals, professionals, and small to medium-sized businesses.
Important Due Dates For The Income Tax Compliance/PF/ESI In April 2023
|
Form to be filed |
Due Date |
Who needs to file? |
|
Challan No. ITNS-281 |
7 October 2023 |
TDS/TCS deducted /collected in August 2023. |
|
TDS Certificate |
15 October 2023 |
TDS Certificate for tax deductedu/s 194IA in August 2023 |
|
TDS Certificate |
15 October 2023 |
Due dates for the issuance of the TDS Certificate for tax collected/deducted u/s 194IB in August 2023 |
|
TDS Certificate |
15 October 2023 |
The due dates for the issuance of the TDS Certificate for tax deducted u/s 194IM in August 2023 |
|
TDS Certificate |
15 October 2023 |
The due date for issuance of the TDS Certificate for tax collected/deducted u/s 194S in August 2023 |
|
Provident Fund (PF) |
15 October 2023 |
Submission and Payment of Provident Fund (PF) and Employee State Insurance (ESI) for August 2023 |
|
Provident Tax |
15 October 2023 |
Income Tax Deducted at Source (TDS) on Salaries for August 2023. Please note that the due date for TDS varies from state to state. |
|
Form 3BB |
15 October 2023 |
The due date for stock exchanges to submit Form No. 3BB, which includes details of transactions where client codes were changed after initial registration in the system, for September 2023. |
|
Form 24G |
15 October 2023 |
The due date for government offices to submit Form 24G is when TDS/TCS for September 2023 has been paid without using a challan. |
|
TDS Challan Cum Statment |
30 October 2023 |
The due date for providing challan-cum-statement irrespective of tax deducted under section 194-IA, 194 IB, 194M |
|
Form 3BB |
15 October 2023 |
The due date for stock exchanges to provide a statement in Form No. 3BB, which includes transactions where client codes were changed after initial system registration, for September 2023. |
|
Form 10B/10BB |
31 October 2023 |
The legal deadline for submitting audit reports in Form 10B/Form 10BB for the assessment year 2023-24. |
|
Audit Report |
31 October 2023 |
Audit report under section 44AB for the assessment year 2023-24 for a taxpayer who is also obligated to file a report related to international or specified domestic transactions under section 92E. |
|
Income Tax Return |
31 October 2023 |
The legal deadline for filing an income tax return for the assessment year 2022-23 is as follows: (a) For corporate taxpayers, (b) For non-corporate taxpayers who must undergo a book audit, and (c) For partners of an audited firm or the spouse of such a partner if section 5A applies. |
|
Copies of Form No. 60 |
31 October 2023 |
Send copies of the declarations received in Form No. 60 between April 1, 2022, and September 30, 2023, to the respective Director or Joint Director. |
|
Non-TDC Return |
31 October 2023 |
Submit the quarterly report of a banking company for not deducting tax at source from interest on time deposits for the quarter ending on September 30, 2023. |
|
Form 3CEB |
31 October 2023 |
Provide the report in Form 3CEB concerning international transactions and specified domestic transactions. |
|
Annual Audited Report |
31 October 2023 |
The deadline for submitting the annual audited accounts for each approved program as per section 35(2AA) |
Due Dates For The GST Returns In October-2023
|
Forms To Be Filed |
Due Date |
Who Needs To File |
|
GST-1 |
11 October 2023 |
Taxpayers or individuals whose turnover aggregate of more than Rs. 1.50 Cr/opted to furnish monthly return |
|
GSTR-7 |
10 October 2023 |
The taxpayers who are required to deduct TDS (Tax deducted at source) under GST need to file GSTR-7. |
|
GSTR-8 |
10 October 2023 |
The e-commerce operators are required to deduct TCS (Tax collected at source) under GST and are required to file the GSTR-8. |
|
GSTR-3B |
20 October 2023 |
The due date for GSTR-3B have an annual turnover of more than 5 Crores |
|
GSTR1 (QRMP) |
13 October 2023 |
GST returns of taxpayers who have chosen for the QRMP scheme (Optional) |
|
GST Challan |
25 October 2023 |
GST challan if no sufficient ITC for August 2023 |
|
GSTR 5 & 5A |
20 October 2023 |
Non-Resident Taxpayers and ODIAR services provider |
|
GSTR-6 |
13 October 2023 |
Input Service Distributors |
Due Date For Company & LLP Annual Filing in October 2023
|
ADT1 |
14 October 2023 |
To Appoint an Auditor (If the AGM Takes Place on 30.09.2023) |
|
Form AOC4 |
29 October 2023 |
Filing AOC 4 for Companies (If AGM took place on 30.09.2023) - If the AGM didn't happen on 30.09.2023, then you must file AOC 4 within 30 days after the AGM concludes. |
|
LLP Form 8 |
30 October 2023 |
Each Limited Liability Partnership (LLP) is required to furnish its profit or loss data and balance sheet, as part of its financial report. |
October 2023 is a critical month for taxpayers and businesses due to important compliance deadlines under the Goods and Services Act and the Income Tax Act. We recommend being proactive and finishing all your necessary filings well before the deadlines.
Also Read: GSTN Introduces Form DRC-01C to Address Differences Between GSTR 2B and GSTR 3B
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Note-All the aforementioned information in the article is taken from authentic resources and has been published after moderation. Any change in the information other than fact must be believed as a human error. For queries mail us at marketing@myitronline.com
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Krishna Gopal Varshney
An editor at MyitronlinenewsKrishna Gopal Varshney, Founder & CEO of Myitronline Global Services Private Limited at Delhi. A dedicated and tireless Expert Service Provider for the clients seeking tax filing assistance and all other essential requirements associated with Business/Professional establishment. Connect to us and let us give the Best Support to make you a Success. Visit our website for latest Business News and IT Updates.
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