India’s Mandatory Tax Compliances in September 2022: Key Dates

Posted by Written by Naina Bhardwaj Reading Time: 2 minutes

We list India’s key dates in September 2022, which are relevant for taxpayers to fulfill their income tax and goods and services tax (GST) related compliances like TDS deposit, prepare for new e-invoice mechanism, ensure the full utilization of Input Tax Credit (ITC) of previous financial year (FY) – FY 2021-22 – and rectify invoices.

Businesses must note that all the tax related deadlines must be completed on or before September 30 and any lapse on the part of taxpayers might invite coercive action from the tax authorities. Here’s a date-wise calendar of the relevant deadlines for income tax and GST.

India income tax compliances September 2022

Description

Due date

Tax deducted/collected at source (TDS/TCS): Due date for deposit of TDS/TCS for August 2022. However, all sum deducted/collected by the government shall be paid to the credit of the federal government on the same day where tax is paid without production of an Income-tax challan.

September 7, 2022

Section 194-IA, 194-IB and 194-M: Due date for issue of TDS Certificate for tax deducted under section 194-IA, section 194-IB and section 194-M in July 2022.

 

September 14, 2022

Form 24G: Due date for furnishing of Form 24G by the government where TDS/TCS for August 2022 has been paid without the production of a challan.

 

September 15, 2022

Advance Tax: Second instalment of advance tax for the assessment year (AY) 2023-24.

 

September 15, 2022

Section 194-IA, 194-IB and 194-M: Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA, section 194-IB and section 194-M, in August 2022.

September 30, 2022

India GST compliances September 2022

Description

Due date

GSTR 1: To be filed by the taxpayers having an annual aggregate turnover of more than INR 15 million or the ones who have opted for the monthly return filing.

September 11, 2022

GSTR 3B: Annual Turnover of more than INR 50 million in previous FY. Tax period – August 2022.

September 20, 2022

GSTR 3B: Annual Turnover of up to INR 50 million in previous FY. Tax period – August 2022.

September 20, 2022

GSTR 5A: Monthly return, to be filed by all the non-resident ODIAR services providers for August 2022.

September 20, 2022

GSTR 5: Monthly return, to be filed by all the non-resident persons alongside the payment of GST for August 2022.

September 20, 2022

GSTR 6: Monthly return, to be filed by every Input Service Distributor (ISD) for the period of August 2022.

September 13, 2022

GSTR 7: GSTR 7 is a monthly return to be filed by the persons who are required to deduct TDS under GST. Tax period – August 2022.

September 10, 2022

GSTR 8: GSTR-8 is a monthly return to be filed by the e-commerce operators who are required to deduct TCS. Tax period – August 2022.

September 10, 2022

PMT-06: QRMP (Quarterly Return Filing and Monthly Payment of Taxes)

scheme taxpayers (filed for 1st  and 2nd month of every quarter). Tax period – August 2022.

September 25, 2022

GSTR 11: Persons having Unique Identification Number (UIN). Tax period – August 2022.

September 28, 2022

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