Compliance requirement under the Income Tax Act, 1961

Applicable Laws/Acts Due Dates Compliance Particulars Forms/(Filing mode)
Income Tax Act, 1961 02.03.2019 The due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA in the month of January 2019 194-IA
Income Tax Act, 1961 02.03.2019 The due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IB in the month of January 2019 194-IB
Income Tax Act, 1961 07.03.2019 The due date for deposit of Tax deducted/collected for the month of February 2019. (TDS & TCS) TDS & TCS
Income Tax Act, 1961 15.03.2019 The fourth installment of advance tax for the assessment year 2019-20 Advance Tax
Income Tax Act, 1961 15.03.2019 The due date for payment of the whole amount of advance tax in respect of the assessment year 2019-20 for assessee covered under the presumptive scheme of section 44AD/44ADA Section 44AD/44ADA
Income Tax Act, 1961 31.03.2019 The due date for linking of Aadhaar number with PAN

 

Compliance Requirement under Goods & Services Act, (GST) 2017

Applicable Laws/Acts Due Dates Compliance Particulars Forms/(Filing mode)
GST, Act, 2017 10.03.2019 Every registered taxable person who is required to deduct tax at source under GST shall furnish a return in FORM GSTR-7 by 10th of next month. GSTR-7
GST, Act, 2017 10.03.2019 GSTR-8 is a monthly return to be filed by e-commerce operators registered under the GST shall furnish a return in FORM GSTR-8 by 10th of next month. GSTR – 8
GST, Act, 2017 11.03.2019 Return of outward supplies of taxable goods and/or services for the Month of February 2019 (for Assesses having a turnover exceeding 1.5 Cr.) Monthly Return. GSTR – 1
GST, Act, 2017 13.03.2019 The due date for Furnishing return by Input Service Distributors (ISD) GSTR – 6
GST, Act, 2017 20.03.2019 Every registered non-resident taxable person is required to furnish a return in GSTR-5 and GSTR-5A electronically through the GST Portal. GSTR-5 & GSTR – 5A
GST, Act, 2017 20.03.2019 GSTR-3B is a monthly self-declaration that has to be filed FORM GSTR-3B by 20th of next month. GSTR – 3B

Some Important updates on GST:

  • New return filing system shall be introduced on a trial basis from April 01, 2019 and on a mandatory basis from July 01, 2019
  • No e-way bill if returns not filed for two months
  • FORM GSTR-9, GSTR-9A & GSTR-9C due date extended to 30.06.2019
  • The due date for furnishing FORM GSTR-3B and FORM GSTR-1 for the period July 2017 to February, 2019/quarters July 2017 to December 2018 by such taxpayers shall be extended till 31.03.2019.

 Compliance under Other Statutory Laws

Applicable Laws/Acts Due Dates Compliance Particulars Forms / (Filing mode)
EPF 15.03.2019 PF Payment for February 2019 ECR
(The Employees’ Provident Funds And Miscellaneous Provisions Act, 1952)
ESIC 15.03.2019 ESIC Payment for February, 2019 ESI Challan
(Employees’ State Insurance Act, 1948)
Shops And Establishments Act 31.03.2019 Annual Return Under Shops and Establishments Act – Jharkhand
Maharashtra Professional Tax Act 31.03.2019 Monthly Return for February Under Maharashtra Profession Tax, Trade and Ceilings

Compliance Requirement for Companies Act, 2013

Applicable Laws/Acts Due Dates Compliance Particulars Forms/Filing mode
Companies Act, 2013 Within 180 Days From The Date Of Incorporation Of The Company As per Section 10 A (Commencement of Business) of the Companies Act, 2013, inserted vide the Companies (Amendment) Ordinance, 2018 w.e.f. 2nd November 2018, a Company Incorporated after the ordinance and having share capital shall not commence its business or exercise any borrowing powers unless a declaration is filed by the Director within 180 days from the date of Incorporation of the Company with the ROC. MCA E- Form INC 20A
Companies Act, 2013 30 Days From The Date Of Deployment of E-Form on MCA Portal Every existing body corporate other than a company governed by the NFRA Rules (Rule 3(1)), shall inform the (“NFRA”) about details of the auditor(s) as on 13th November 2018. Form NFRA-1
(e-form not yet deployed Ministry (ROC))
Companies Act, 2013 Within 30 days of the form being made available by the MCA All Specified Companies (i.e. Companies who get supplies of goods or services from micro and small enterprises and whose payments to micro and small enterprise suppliers exceed 45 days from the date of acceptance or the date of deemed acceptance of the goods or services as per section 9 of the Micro, Small and Medium Enterprises Development Act, 2006) to file details of all outstanding dues to Micro or small enterprises suppliers existing on 22nd January, 2019 within thirty days. Form MSME -1One time return is required to be filed within 30 days of the form being made available by the MCA
(earlier within 30 days of publication of this order i.e. 21.02.2019.)
Due date of subsequent returns is mentioned below:
a) For Half year period ‘April to September’ – 31st October
b) For half year period ‘October to March’ – 30th April
Companies Act, 2013 30 Days From The Date Of Deployment Of E-Form on MCA Portal Filing of form BEN-2 under the Companies (Significant Beneficial Owners) Rules, 2018. Form BEN – 2
(e-form not yet deployed by Ministry (ROC)
Companies Act, 2013 On or before 25.04.2019 Filing of the particulars of the Company & its registered office.
(by every company incorporated on or before the 31.12.2017.)
Active Form INC -22A
Companies Act, 2013 Within a period of 180 days from the date of incorporation of the Company Filing of details about the subscription amount
(by every company incorporated on or before the 02.11.2018.)
Form INC- 20A

Form DPT-3 (Due date: 21-04-2019)

All companies — other than Government companies — have been asked to file a one-time return covering all such outstanding receipts of money or loans from April 1, 2014, to January 22, 2019. The latter date is when the Ministry of Corporate Affairs (MCA) issued a notification in this regard.

Purpose of the Form DPT-3 – Return of Deposits

Every company to which the Companies (Acceptance of Deposits) Rules, 2014 apply, shall on or before the 30th day of June, of every year, file a return of deposit with the Registrar and furnish the information contained therein as on the 31st day of March of that year duly audited by the auditor of the company.

Summary
Compliance Calendar for Startup – March, 2019
Article Name
Compliance Calendar for Startup – March, 2019
Description
This article contains various Compliance requirements under Statutory Laws. Compliance means ‘adhering to rules and regulations.