Income Tax, GST & Other Compliance Calendar November 2024

Income Tax, GST and Other Statutory Compliance Calendar November 2024

GSTR-1 Filings:

• Taxpayers with Aggregate Turnover > Rs. 5 Crores
  • Frequency: Monthly
  • Tax Period: October 2024
  • Due Date: 11 November 2024
• Taxpayers with Aggregate Turnover ≤ Rs. 5 Crores
  • Frequency: Monthly
  • Tax Period: October 2024
  • Due Date: 11 November 2024
• QRMP Scheme Taxpayers (Quarterly Filers with ≤ Rs. 5 Crores Turnover)
  • Form: GSTR-1 (QRMP Scheme)
  • Tax Period: October – December 2024
  • Due Date: 11 November 2024

GSTR-3B Filings:

• Turnover > Rs. 5 Crores (All States)
  • Frequency: Monthly
  • Tax Period: October 2024
  • Due Date: 20 November 2024
• Turnover ≤ Rs. 5 Crores (All States)
  • Frequency: Monthly
  • Tax Period: October 2024
  • Due Date: 20 November 2024
• QRMP Scheme Taxpayers (≤ Rs. 5 Crores Turnover)
  • Region 1: Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, and Union Territories (e.g., Daman & Diu)
  • Due Date: 22 November 2024
  • Region 2: Northern, Eastern, and North-Eastern states (e.g., Punjab, Uttar Pradesh, Bihar, Sikkim, Assam)
  • Due Date: 24 November 2024

Note: GSTR-3B for October 2024 can be filed by 30 November 2024, along with interest for cash liability, to allow reconciliation or amendments for FY 2023-24.

Other GST Returns and Forms:

• GSTR-1A: Regular taxpayers (due with GSTR-3B filing)
• GSTR-5: Non-Resident Taxpayers – Due: 13 November 2024
• GSTR-5A: ODIAR Service Providers – Due: 20 November 2024
• GSTR-6: Input Service Distributors – Due: 13 November 2024
• GSTR-7: TDS Deductors – Due: 10 November 2024
• GSTR-8: TCS Collectors (e-commerce operators) – Due: 10 November 2024
• PMT-06: QRMP Taxpayers – Due: 25 November 2024
• GSTR-11: UIN Holders – Due: 28 November 2024

Income Tax & TDS and other Compliance Dates in November 2024

• 7 November: TDS Payment for October 2024
• 10 November:
  • Professional Tax (PT) on Salaries for October 2024
  • (Note: PT due dates vary by state; consult a tax expert for specific state deadlines)
• 11 November: GSTR-1 (Monthly) for October 2024
• 13 November: GSTR-1 IFF (Optional) for QRMP scheme taxpayers for October 2024
• 15 November:
  • Provident Fund (PF) & ESI Returns and Payment for October 2024
  • Issue of TDS Certificates in Form 16A for Q2 FY 2023-24 (July to September 2024)
  • Income Tax Return (ITR) filing for Non-Corporates needing audit and Corporates for FY 2023-24 (extended from 31 October 2024)
• 20 November: GSTR-3B (Monthly) for October 2024
• 25 November: GST Challan Payment for October 2024 if insufficient ITC for all Quarterly Filers
• 29 November: MGT-7/7A Filing for Companies and One Person Companies (OPC) for FY 2023-24
• 30 November:
  • Labour License Renewal for Calendar Year 2025 (Jan-Dec 2025)
  • TDS Payment in Form 26QB (Property transactions), 26QC (Rent), 26QD (Contractor Payments), and 26QE (Crypto Assets) for October 2024

 

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