Statutory and Tax Compliance Calendar for February 2022
| S. No. | Statute | Purpose | Compliance Period | Due date | Compliance Details |
| 1 | Income Tax | TDS/TCS Liability Deposit | Jan-22 | 7-Feb-22 | Due date of depositing TDS/TCS liabilities under Income Tax Act, 1961 for previous month. |
| 2 | GST | GSTR-7- TDS return under GST | Jan-22 | 10-Feb-22 | GSTR 7 is a return to be filed by the persons who is required to deduct TDS (Tax deducted at source) under GST. |
| 3 | GST | GSTR-8- TCS return under GST | Jan-22 | 10-Feb-22 | GSTR-8 is a return to be filed by the e-commerce operators who are required to deduct TCS (Tax collected at source) under GST. |
| 4 | GST | GSTR-1 | Jan-22 | 11-Feb-22 | “1. GST Filing of returns by registered person with aggregate turnover exceeding INR 5 Crores during preceding year. 2. Registered person, with aggregate turnover of less than INR 5 Crores during preceding year, opted for monthly filing of return under QRMP”. |
| 5 | Income Tax | Audit Report u/s 44AB | FY 2020-21 | 15-Feb-22 | Applicable in case annual turnover during FY 2020-21 exceeds threshold limit as below: • For businesses – (a) Rs.1 crore, (b) Rs.10 crore in case cash receipts / cash payments does not exceed 5% of aggregate receipts / payments during the year • For profession – Rs.50 lakh |
| 6 | Income Tax | TDS certificate in Form 16A (non-salary) | Oct-Dec-21 | 15-Feb-22 | For non-salary |
| 7 | Labour Law | Provident Fund / ESI | Jan-22 | 15-Feb-22 | Due Date for payment of Provident fund and ESI contribution for the previous month. |
| 8 | Income Tax | Transfer Pricing Report in Form 3CEB | FY 2020-21 | 15-Feb-22 | Taxpayers having international transactions with associated enterprises / specified domestic transactions . |
| 9 | Income Tax | Form AOC-4 (Annual accounts) | FY 2020-21 | 15-Feb-22 | All Companies are required to file Annual accounts with ROC. |
| 10 | GST | GSTR – 3B | Jan-22 | 20-Feb-22 | 1. GST Filing of returns by registered person with aggregate turnover exceeding INR 5 Crores during preceding year. 2. Registered person, with aggregate turnover of less than INR 5 Crores during preceding year, opted for monthly filing of return under QRMP. |
| 11 | GST | Annual Return in Form GSTR-9 | FY 2020-21 | 28-Feb-22 | All taxpayers having aggregate annual turnover exceeding Rs. 2 crore in FY 2020-21 |
| 12 | GST | Annual Return in Form GSTR9A | FY 2020-21 | 28-Feb-22 | For composition taxpayers having aggregate annual turnover exceeding Rs. 2 crore in FY 2020-21 |
| 13 | GST | Reconciliation Statement in Form GSTR-9C. | FY 2020-21 | 28-Feb-22 | All taxpayers having aggregate annual turnover exceeding Rs. 5 crore in FY 2020- 21 |
| 14 | GST | Form MGT-7 (Annual return) | FY 2020-21 | 28-Feb-22 | All Companies are required to file Annual return with ROC |
*Note 1: Not Opting for QRMP Scheme- Due Date for filling GSTR – 3B with Annual Turnover up to 5 Crore in State 1 Group (Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, Daman & Diu, and Dadra & Nagar Haveli, Puducherry, Andaman, and Nicobar Islands, Lakshadweep)
**Note 2: Not Opting for QRMP Scheme- Due Date for filling GSTR – 3B with Annual Turnover up to 5 Crore in State 2 Group (Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand, Odisha, Jammu and Kashmir, Ladakh, Chandigarh, Delhi).
In case of any query, please feel free to contact us on this email enquiry@overallaccounting.com
Very helpful post bhaiya
Thanks