Compliance Calendar for the month of December 2021

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Starting, owning or doing a business in India comes with important compliance that a business irrespective of its structure, has to adhere to during a financial year. Be it filing of Income Tax Return or GST Return or complying with the ROC Annual filing, a business has to keep a close watch over the deadlines of all the mentioned compliance. Each month of the year is important as far as Statutory Compliance and Tax Compliance is concerned, however,this year the month of December, 2021 is more important as many statutory due dates for Income Tax Return Filing and ROC Annual Filing has been extended and falling in December, 2021. Here is a calendar for various tax and Statutory due dates relating to ROC filing, OPC Annual Filing, GST Return Filing and Income Tax Filing falling in the Month of December, 2021.

Important Update for filing ROC Form MGT 7A for OPC & ITR

Keeping in view of various requests received from various stakeholders, the MCA has granted the relaxation on levy of additional fees for Annual Financial Statement filings required to be done for the Financial Year 2020-21. The ministry of Corporate Affairs has extended the due date for filing of e-forms AOC 4, AOC 4(CFS), AOC 4 XBRL, AOC 4 Non-XBRL and MGT 7/MGT 7A for the Financial Year 2020-21 till 31.12.2021. Meaning thereby, these forms can be filed till 31st December, 2021 without levy of any additional fees.

Also, on the basis of the various requests received, the CBDT has announced the extension in the due dates for Income Tax filing. Hence, for the Financial Year 2020-21, the last date for filing Income Tax Returns (Non-Audit Cases) has been extended till 31st December 2021 from 31st July 2021 and if Tax Audit is required then due date for IT Returns has been extended to 15th February, 2022 from 30th September 2021.

Compliance Calendar for the Month of December 2021

Important due dates for the GST Returns in the Month of December 2021
Due dateForm to be filedPeriodWho should file?
10.12.2021GSTR 7November 2021GSTR 7 is a return to be filed by the persons who is required to deduct TDS (Tax deducted at source) under GST
10.12.2021GSTR 8November 2021GSTR-8 is a return to be filed by the e-commerce operators who are required to deduct TCS (Tax collected at source) under GST
11.12.2021GSTR 1November 2021Taxpayers having an aggregate turnover of more than Rs. 1.50 Crores or opted to file Monthly Return
13.12.2021GSTR 1 (IFF)November 2021  GST return for the taxpayers who opted for QRMP scheme (Optional)
13.12.2021GSTR 6November 2021Input Service Distributors
20.12.2021GSTR 5 & 5ANovember 2021Non-Resident Taxpayers and ODIAR services provider
20.12.2021GSTR 3BNovember 2021The due date for GSTR-3B having an Annual Turnover of more than 5 Crores
25.12.2021GST Challan PaymentNovember 2021GST Challan Payment if no sufficient ITC for September (for all Quarterly Filers)
31.12.2021GSTR 9FY 2020-21GST Annual Return
31.12.2021GSTR 9CFY 2020-21Statement of Reconciliation under GST
Important due dates for the Income Tax Compliance / PF / ESI in the Month of December 2021
07.12.2021Challan No. ITNS-281November 2021Payment of TDS/TCS deducted /collected in November 2021.
15.12.2021Advance taxFY 2021-22Third installment of advance tax for the assessment year 2022-23
15.12.2021TDS CertificateOctober 2021Due date for issue of TDS Certificate for tax deducted under Section 194IA in the month of October, 2021
15.12.2021TDS CertificateOctober 2021Due date for issue of TDS Certificate for tax deducted under Section 194IB in the month of September, 2021
15.12.2021TDS CertificateOctober 2021Due date for issue of TDS Certificate for tax deducted under Section 194M in the month of September, 2021
15.12.2021Form 24G by Government officerNovember 2021Due date for furnishing of Form 24G by an office of the Government where TDS/TCS for the month of November, 2021 has been paid without the production of a challan
15.12.2021Form No. 3BBNovember 2021Due date for furnishing statement in Form no. 3BB by a stock exchange in respect of transactions in which client codes been modified after registering in the system for the month of November, 2021
15.12.2021Electronic Challan cum Return (ECR) (PF)November 2021E-payment of Provident Fund
15.12.2021ESI ChallanNovember 2021ESI payment
30.12.2021TDS Challan-cum-statementNovember 2021Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA, 194 IB, 194M
30.12.2021Form No. 3CEADAccounting Year Jan 2020 to Dec 2020Report by a constituent entity, resident in India, in respect of the international group of which it is a constituent if the parent entity is not obliged to file report under section 286(2) or the parent entity is resident of a country with which India does not have an agreement for exchange of the report etc.
31.12.2021 (Extended from 30.09.2021)Income Tax ReturnAY 2021-22    ITR filing for non audit cases and who have not entered into any international or specified domestic transactions    
31.12.2021 (Extended from 30.11.2021)Income Tax Return (Section 92E)AY 2021-22Return of income for the assessment year 2021-22 in the case of an assessee if he/it is required to submit a report under section 92E pertaining to international or specified domestic transaction(s)
31.12.2021 (Extended from 31.08.2021)Equalization Levy statementFY 2020-21Furnishing of Equalization Levy statement for the Financial Year 2020-21
31.12.2021 (Extended from 30.11.2021)Form No 3CEACIntimation (required to be made on or before 30-11-2021) by a constituent entity, resident in India, of an international group, the parent entity of which is not resident in India in Form 3CEAC
31.12.2021 (Extended from 30.11.2021)Form No 3CEADReport by a parent entity or an alternative reporting entity or any other constituent entity, resident in India, which is required to be furnished on or before 30-11-2021, in Form no. 3CEAD
31.12.2021 (Extended from 30.11.2021)Form No CEAEIntimation on behalf of an international group, which is required to be made on or before 30-11-2021, in Form no. 3CEAE
31.12.2021 (Extended from 15.10.2021)Form No. 10BBBJuly to September 2021Intimation in Form 10BBB by a pension fund in respect of each investment made in India for quarter ending September, 2021
31.12.2021 (Extended from 31.10.2021)Form IIJuly to September 2021Intimation in Form II by Sovereign Wealth Fund in respect of investment made in India for quarter ending September, 2021
31.12.2021 (Extended from 15.10.2021)Form No. 15CCJuly to September 2021Quarterly statement in respect of foreign remittances (to be furnished by authorized dealers) in Form No. 15CC for quarter ending September, 2021
31.12.2021 (Extended from 15.10.2021)Form No. 15G/15HJuly to September 2021Upload the declarations received from recipients in Form No. 15G/15H during the quarter ending September, 2021
Important due dates for Company Annual Filing in the Month of December 2021
14.12.2021Form ADT 1FY 2020-21Form ADT 1 filing by Companies
31.12.2021  Form AOC 4 (CFS, XBRL, Non-XBRL)FY 2020-21Form AOC 4 filing by Companies
31.12.2021Form MGT 7/ 7AFY 2020-21Form MGT 7A filing by One Person Company

The month of December, 2021 is significant for the due dates for various compliances under Goods and Service Act, Income Tax Act, Companies Act and LLP Act. Filing the above mentioned forms on or before the due dates will save the Taxpayers from hefty penalties.

 
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