December 7

Income Tax

Monthly payment of TDS on all types of payments (Except in the case where amounted is credited in the Month of March 31)

Form: Challan Form ITNS 281 See: Rule 30(2)

December 7

Income Tax

Monthly payment of TCS u/s 206C (other than government assessee)

Form: Challan Form ITNS 281 See: Rule 37CA

December 7

Income Tax

Last date of submission of declaration i.e., for no TCS u/s 206C(1A) obtained from manufacturer to the Commissioner/Chief Commissioner of Income Tax as the case may be.

Form: Form No. 27C See: Rule 37C

December 7

Equalisation Levy

Collection and recovery of equalisation levy on specified services

Form: Challan No. 285 See: Section 166

Equalisation levy so deducted during any calendar month in shall be paid by every assessee to the credit of the Central Government by the seventh day of the month immediately following the said calendar month.

December 7

FEMA

Details of remittances made by NRO account

Form: Form Part VI of Annex - I See: Master Direction - Under FEMA Act

Remittances made out of NRO accounts up to 1 million USD per calendar year - Facilities to NRIs/PIOs and foreign nationals - liberalisation.

December 7

FEMA

Reporting of actual transactions of External Commercial Borrowings (ECB)

Form: Form ECB 2 See: Master Direction - Under FEMA Act

This return should be filled in for all categories of ECB. It should be submitted within 7 working days from the close of the month. If there is no transaction during a particular period, a Nil Return should be submitted.

December 7

Income Tax

Securities Transaction Tax - Due date for deposit of tax collected during any calendar month

See: Section 100 - Rule 5 - Rule 5A - Rule 6

The collected STT (Securities Transaction Tax) must be submitted to the Central Government by the seventh day of the month following the relevant calendar month by a securities transaction tax challan.

December 7

Income Tax

Commodities Transaction Tax (CTT) - Due date for deposit of tax collected during any calendar month

See: Rule 5 - Section 119

The collected CTT (Commodities Transaction Tax) must be submitted to the Central Government by the seventh day of the month following the relevant calendar month by a commodities transaction tax challan.

December 10

FEMA

Summary statement of sale and purchase of foreign currency notes

Form: Form - FLM 8 for FFMCs See: Master Direction - Money Changing Activities - Master direction - under FEMA Act

December 10

FEMA

Summary statement of sale and purchase of foreign currency notes

Form: Form - FLM 8 for ADs Category-II See: Master Direction - Money Changing Activities - Master direction - under FEMA Act

December 10

FEMA

Form for reporting of details of Trade Credit

Form: Form Trade Credit (TC) See: Master Direction - Under FEMA Act - Master Circular

December 10

FEMA

Import of gold by EOUs, units in SEZ/EPZ and nominated agencies (Monthly)

Form: Form - Return Code R132 See: Master Direction - Under FEMA Act

December 10

FEMA

Resident Deposits-Comprehensive Single Return (NRD-CSR)

Form: Form - NRO Account-Part VI (Annex II) See: Master Direction - Under FEMA Act

Non-resident deposits comprehensive single return on NR/FCNR deposits and their transactions in a month.

December 10

GST

TDS - Return for Tax Deducted at Source

Form: GSTR - 7 See: Rule 66 - Section 51

Every registered person required to deduct tax at source under section 51

December 10

GST

TCS - Statement for tax collection at source

Form: GSTR - 8 See: Rule 67 - Section 52

December 11

GST

Details of outward supplies of goods or services [ For the Turnover exceeding 5 Cr or opted to file monthly return ]

Form: GSTR - 1 See: Rule 59 - Section 37 - Notification no. 83/2020

According to Section 37, the due date of filling of Form GSTR-1 is the 10th of the succeeding month. However, this due date has been extended to the 11th of the succeeding month as per Notification No. 83/2020.

December 13

GST

Return by non-resident taxable person

Form: GSTR - 5 See: Rule 63 - section 27 - Section 39(5)

Non- Resident Taxpayers need to file return in Form GSTR-5 for the period for which they have obtained registration within a period of seven days after the date of expiry of registration. In case, validity of registration is more than one month, monthly return (s) should be) should be filed by 13th of the month (applicable from October 2022) and 20th of the month(for return periods from July 2017 till Sep 2022) succeeding the tax period or within seven days of closing the business whichever is earlier.

December 13

GST

ISD - Return for input service distributor

Form: GSTR - 6 See: Rule 65 - Section 20

Every Input Service Distributor.

December 15

Income Tax

Issuance of certificate of tax deducted at source under section 194S

Form: Form No. 16E See: Section 194S - Rule 31(3D)

December 15

Income Tax

Issuance of certificate of tax deducted at source under section 194M

Form: Form No. 16D See: Section 194M - Rule 31(3C)

December 15

Income Tax

Issuance of certificate of tax deducted at source under section 194IB

Form: Form No. 16C See: Section 194IB - Rule 31(3B)

December 15

Income Tax

Issuance of certificate of tax deducted at source under section 194IA

Form: Form No. 16B See: Section 194IA - Rule 31(3A)

December 15

FEMA

Monthly Report to be submitted by the AD-Category II for the every month

Form: Monthly Report by the AD-Category II See: Section 10

December 15

Income Tax

Furnishing TDS/TCS Book Adjustment Statement by an office of the Government

Form: Form No. 24G See: Rule 30 - Rule 37CA

December 15

Income Tax

Due date for furnishing statement in Form No. 3BB by a stock exchange in respect of trading in derivatives in which client codes been modified after registering in the system.

Form: Form No. 3BB See: Rule 6DDA - Section 43(5)(d)

A stock exchange is required to fulfil to be notified as a recognised stock exchange for the purposes of proviso to clause (5)(d) of section 43.

December 15

Income Tax

Due date for furnishing statement in Form No. 3BC by a recognised association in respect of trading in commodities in which client codes have been modified after registering in the system.

Form: Form no. 3BC See: Rule 6DDC - Section 43(5)(e)

A recognised association is required to fulfil to be notified as a recognised association for the purposes of the proviso to clause (5)(e) of section 43.

December 15

PF ESI

Monthly - EPF - Return of Employees qualifying for membership to the EPF for the first time during previous month.

December 15

PF ESI

Monthly - EPF - Return of member leaving service during the previous month

December 15

PF ESI

Exempted establishment - EPS/ EDLIS - Monthly Return of members joining service during the previous month.

December 15

PF ESI

Exempted extablishment - EPS/EDLIS - Monthly Return of Members Leaving Service During the previous Month

December 15

PF ESI

Monthly - Payment of Provident Fund Contribution for the previous month (plus grace period of 5 days)

In case of delay, interest will be charged from 16th day.

December 15

PF ESI

Monthly - Payment of ESI Contribution for the previous month

The ESIC had changed the Payment Due Date from “Within 21 days" To “Within 15 Days” with effect from the contribution for the month of June 2017.

December 15

Income Tax

Advance Income Tax in case of company

Form: ITNS - 280 See: Chapter XVII Part C - Rule 211

December 15

Income Tax

Advance Income Tax in case of non-corporate assessee.

Form: ITNS - 280 See: Chapter XVII Part C - Rule 211

Instalment of Advance Tax for assessee covered under presumptive income scheme of Section 44AD/44ADA

December 20

GST

OIDAR - Details of supplies of online information and database access or retrieval services by a person located outside India made to non-taxable persons in India

Form: GSTR - 5A See: Rule 64 - Section 14

Every registered person providing online information and data base access or retrieval services from a place outside India to a person in India other than a registered person

December 20

GST

Details of Outward Supplies and inward supplies and payment of Tax [ Monthly Return ]

Form: GSTR - 3B See: Rule 61 - Section 37 - Section 38

December 25

PF ESI

Monthly - Consolidated Statement of dues and remittance under EPF Scheme, 1952, EPS 1995 and Employees' Deposit Linked Insurance Scheme, 1976 of the previous month to which the dues relate.

December 30

Income Tax

Challan cum statement on transfer of certain immovable property other than agricultural land

Form: Form No.26QB See: Section 194IA - Rule 30(2A) - Rule 31(3A) - Rule 31A(4A)

December 30

Transfer Pricing

Annual Compliance Report on Advance Pricing Agreement

Form: Form No. 03CEF See: Rule 10O

December 30

Income Tax

Furnishing of challan cum statement by specified person in respect of tax deducted on payment on transfer of virtual digital asset

Form: Form No. 26QE See: Section 194S - Rule 30(2D) - Rule 31A(4)

December 30

Income Tax

Challan cum statement on payment of rent by certain individuals or Hindu undivided family

Form: Form No. 26QC See: Section 194IB - Rule 30(2B) - Rule 31(3B) - Rule 31A(4B)

December 30

Income Tax

Challan cum statement on payment of certain sums by certain individuals or Hindu undivided family

Form: Form No. 26QD See: Section 194M - Rule 30(2C) - Rule 31(3C) - Rule 31A(4C)

December 31

GST

Annual Return - All registered taxable person other than who opt paying tax u/s 10

Form: GSTR - 9 See: Rule 80 - Section 44

Without any threshold Limit every registered person required furnishing an annual return in form GSTR-9 for every financial year other than person registered as, Input Service Distributor A person liable to deduct tax under Section 51 (TDS) A person liable to collect tax at source under Section 52 (TCS) A casual tax Taxable person; and Non-resident taxable person.

December 31

GST

Annual Return - A person paying tax under section 10.

Form: GSTR - 9A See: Rule 80 - Section 44

Without any threshold Limit every registered person who is opt Composition scheme required to furnishing an annual return in form GSTR-9A for every financial year.

December 31

FEMA

A person resident in India acquiring equity capital in a foreign entity

Form: Form ODI - Part III - Annual Performance Report (APR) See: Regulation 10

December 31

FEMA

Intimation of foreign contribution by the recipient

Form: Form No. FC-4 See: FCRA -Rule 17

December 31

Income Tax

Furnishing of belated or revised return under section 139(4) or (5)(i.e. All ITR Return) of income for previous financial year.

See: Section 139(4) or (5) - Section 234F

December 31

GST

Furnishing a self-certified reconciliation statement along with the annual return

Form: GSTR 9C See: Rule 80 - Section 44

Every registered person, other than those referred to in the second proviso to section 44, an Input Service Distributor, a person paying tax under section 51 or section 52, a casual taxable person and a non-resident taxable person, whose aggregate turnover during a financial year exceeds five crore rupees, shall also furnish a self-certified reconciliation statement as specified under section 44 in FORM GSTR-9C along with the annual return referred to in rule 80(1), on or before the thirty-first day of December following the end of such financial year, electronically through the common portal either directly or through a Facilitation Centre notified by the Commissioner.