Tax Compliance Calendar May 2021

Tax Compliance Calendar May 2021 Here is the Tax Compliance Calendar for May 2021. May is the Second month for FY 2021-22. The Article contains due d…

CA Deepak Gupta

Apr 30, 2021

Last update on Apr 30, 2021

Tax Compliance Calendar May 2021 Here is the Tax Compliance Calendar for May 2021. May is the Second month for FY 2021-22. The Article contains due dates for GST, Income Tax, ROC Compliances.

GST Compliance Calendar May 2021

Forms to be filed	Taxpayer Type	Period	Due Date	Extension
GSTR-7	Taxpayer who is required to deduct TDS as per GST Act	Apr-21	10-05-2021	31-05-2021
GSTR-8	Taxpayer who is required to collect TCS as per GST Act	Apr-21	10-05-2021	31-05-2021
GSTR-1	Normal Registered Taxpayer who has not opted for Quarterly Return Monthly Payment (QRMP) Scheme	Apr-21	11-05-2021	26-05-2021
GSTR-6	A taxpayer having registration of Input Service Distributor (ISD)	Apr-21	13-05-2021	31-05-2021
(Invoice Furnishing Facility) IFF	Registered Taxpayer who has opted for Quarterly Return Monthly Payment (QRMP) Scheme	Apr-21	13-05-2021	28-05-2021
GSTR-5	Non-Resident Taxpayer	Apr-21	20-05-2021	31-05-2021
GSTR-4	Composition Tax Payer	FY 2020-21	30-04-2021	31-05-2021

Please note that the due date for filing of Form GST ITC-04 (to be filed by Principal/Manufacturer for goods sent/received/supplied from Job Worker) for the quarter Jan-March, 2021, (due date 25th April, 2021) has been extended till 31st May, 2021

Reduced Rate of Interest for delay in filing GSTR 3B

Notification No. 08/2021 – Central Tax

Aggregate Turnover	Tax Period	NIL Interest	9% Interest	18% Interest
More Than INR 5 Crores	March, 2021	NA	From 21.04.2021 To 05.05.2021	From 06.05.2021 Till Filing of Return
More Than INR 5 Crores	April, 2021	NA	From 21.05.2021 To 04.06.2021	From 05.06.2021 Till Filing of Return
Up To INR 5 Crores (Who Opted Monthly Filing of Returns)	March, 2021	From 21.04.2021 To 05.05.2021	From 06.05.2021 To 20.05.2021	From 21.05.2021 Till Filing of Return
Up To INR 5 Crores (Who Opted Monthly Filing of Returns)	April, 2021	From 21.05.2021 To 04.06.2021	From 05.06.2021 To 19.06.2021	From 20.06.2021 Till Filing of Return
Up To INR 5 Crores (QRMP) Madhya Pradesh, Gujarat, Maharashtra, Kerala, etc.	March, 2021	From 23.04.2021 To 07.05.2021	From 08.05.2021 To 22.05.2021	From 23.05.2021 Till Filing of Return
	April, 2021	From 26.05.2021 To 09.06.2021	From 09.06.2021 To 23.06.2021	From 24.06.2021 Till Payment of tax
Up To INR 5 Crores (QRMP) Punjab, Haryana, Delhi, Rajasthan, U.P, Assam etc.	March, 2021	From 25.04.2021 To 09.05.2021	From 10.05.2021 To 24.05.2021	From 25.05.2021 Till Filing of Return
	April, 2021	From 26.05.2021 To 09.06.2021	From 09.06.2021 To 23.06.2021	From 24.06.2021 Till Payment of tax
CMP – 08	Jan – Mar, 2021	From 19.04.2021 To 03.05.2021	From 04.05.2021 To 18.05.2021	From 19.05.2021 Till Filing of CMP-08

Waiver of late fees for delay in filing GSTR 3B

Notification No. 09/2021 – Central Tax

Aggregate Turnover	Tax Period	No Late Fees	Applicable Late Fees
More Than INR 5 Crores	March, 2021	Till 05.05.2021	From 06.05.2021 Till Filing Of Return
More Than INR 5 Crores	April, 2021	Till 04.06.2021	From 05.06.2021 Till Filing Of Return
Up To INR 5 Crores (Who Opted Monthly Filing of Returns)	March, 2021	Till 20.05.2021	From 21.05.2021 Till Filing Of Return
Up To INR 5 Crores (Who Opted Monthly Filing of Returns)	April, 2021	Till 04.06.2021	From 05.06.2021 Till Filing Of Return
Up To INR 5 Crores (QRMP) Madhya Pradesh, Gujarat, Maharashtra, Kerala, etc.	Jan – Mar, 2021	Till 22.05.2021	From 23.05.2021 Till Filing Of Return
Up To INR 5 Crores (QRMP) Punjab, Haryana, Delhi, Rajasthan, U.P, Assam etc.	Jan – Mar, 2021	Till 24.05.2021	From 25.05.2021 Till Filing Of Return

Income Tax/TDS Compliance Calendar May 2021

Due Date	Forms to be filed	Taxpayer Type	Period
07-05-2021	TDS/TCS Challan	A taxpayer who is required to deduct TDS or collect TCS	Apr-21
15-05-2021	Form 27EQ	The due date for filing TCS Return	Jan-21 to Mar-21
30-05-2021	Form 27D	Due Date for issuing TCS Certificate	Jan-21 to Mar-21
Original Date 31-05-2021 [Extended to 30.06.2021]	Form 24Q for salary, 26Q for payments other than salary & 27Q for Payments to Non-Residents or Foreign company	The due date for filing TDS Return	Jan-21 to Mar-21
Original Date 31-05-2021 [Extended to 30.06.2021]	Form 61A	The due date for filing Statement of Financial Transactions (SFT)	FY 2020-21

MCA Compliance Calendar May 2021

Due Date	Forms to be filed	Compliance Applicability	Period
Original Date 31-05-2021 [Extended to 31.07.2021]	PAS-06	Unlisted Public Companies	Reconciliation of Share Capital [Oct-20 to Mar-21]
Original Date 30-05-2021 [Extended to 31.07.2021]	LLP Form-11	LLP	FY 2020-21

Due Dates of Some Other Important Compliance

Due Date	Forms to be filed	Taxpayer Type	Period
15-05-2021	Electronic Challan & Return (ECR) for EPF	An employer who is required to make a contribution to the Provident fund	Apr-21
Original Date 15-05-2021 [Extended to 15.06.2021]	ESI Challan	An employer who is required to make ESI Payment	Apr-21

Disclaimer: The List is inclusive, not exhaustive

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CA Deepak Gupta

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CA Deepak Gupta,is Co-founder of Studycafe. He is Microsoft Office Specialist and Corporate Trainer of AI Tools, Microsoft Excel. He is Finance Influencer having more than 250K followers on Social Media. CA Deepak Gupta, is Having more than 14 plus years of experience, and he has Worked with best brands Like, Hero, Wipro, Ericsson before Starting Studycafe. He has Trained more than 20000 Persons in Microsoft Excel, PowerPoint, Power BI, Google Sheet, Google Forms and Other Tools.