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Tax calendar for January 2022

Tax calendar for January 2022

Tax & Auditing

GlobalLinker Staff

GlobalLinker Staff

6 Jan 2022, 13:00 — 7 min read

Tax due dates for January 2022

 

7 January 

Due date for deposit of Tax deducted/collected for the month of December, 2021. However, all the sum deducted/collected by an office of the government shall be paid to the credit of the Central Government on the same day where tax is paid without production of an Income-tax Challan.

 

7 January 

Due date for deposit of TDS for the period October 2021 to December 2021 when Assessing Officer has permitted quarterly deposit of TDS under section 192, section 194A, section 194D or section 194H.

 

14 January 

Due date for issue of TDS Certificate for tax deducted under section 194-IA in the month of November, 2021.

 

14 January

Due date for issue of TDS Certificate for tax deducted under section 194-IB in the month of November, 2021.

 

14 January 

Due date for issue of TDS Certificate for tax deducted under section 194M in the month of November, 2021.

 

15 January 

Due date for filing of audit report under section 44AB for the assessment year 2021-22 in the case of a corporate-assessee or non-corporate assessee (who was required to submit his/its return of income on October 31, 2021)

The due date for filing of audit report for Assessment Year 2021-22 has been extended vide Circular no. 17/2021, dated 09-09-2021.

 

15 January 

Due date for furnishing of Form 24G by an office of the Government where TDS/TCS for the month of December, 2021 has been paid without the production of a challan.

 

15 January

Quarterly statement of TCS for the quarter ending December 31, 2021.

 

15 January 

Quarterly statement in respect of foreign remittances (to be furnished by authorized dealers) in Form No. 15CC for quarter ending December, 2021.

 

15 January

Due date for furnishing of Form 15G/15H declarations received during the quarter ending December, 2021.

 

30 January 

Quarterly TCS certificate in respect of quarter ending December 31, 2021.

 

30 January 

Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA in the month of December, 2021.

 

30 January 

Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IB in the month of December, 2021.

 

30 January

Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194M in the month of December, 2021.

 

31 January 

Quarterly statement of TDS for the quarter ending December 31, 2021.

 

31 January

Quarterly return of non-deduction at source by a banking company from interest on time deposit in respect of the quarter ending December 31, 2021.

 

31 January

Intimation under section 286(1) in Form No. 3CEAC, by a resident constituent entity of an international group whose parent is non-resident.

 

31 January 

Audit report under section 44AB for the assessment year 2021-22 in the case of an assessee who is also required to submit a report pertaining to international or specified domestic transactions under section 92E

The due date for filing of audit report for Assessment Year 2021-22 has been extended vide Circular no. 17/2021, dated 09-09-2021

 

GST Compliance Calendar for January 2022

 

GSTR-1

Taxpayer type

Form type

Return filing frequency

Tax Period

Due date

Taxpayers having an aggregate turnover of MORE than Rs. 1.50 Crores

GSTR-1

Monthly

December 2021

11 January 2022

Taxpayers having an aggregate turnover of LESS than Rs. 1.50 Crores

GSTR-1

Monthly

December 2021

11 January 2022

Taxpayers having an aggregate turnover of LESS than Rs. 1.50 Crores

GSTR-1 IFF (QRMP scheme taxpayers)

Quarterly

December 2021 out of Oct – Dec 2021 quarter

13 January 2022


Note:
 From January 2022 onwards, if the GSTR-3B return for a particular month not filed by the taxpayer, then it will not be allowed to file the GSTR-1 of subsequent month.

 

GSTR-3B 

Aggregate turnover Return filing frequency State Tax Period Due date
Greater than 5 crores Monthly All states December 2021 20 January 2022
Upto 5 crores Monthly All states December 2021 20 January 2022
Upto 5 crores Quarterly 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 January 2022 – March 2022 22 April 2022
Upto 5 crores Quarterly 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 January 2022 – March 2022 24 April 2022

 

Other returns and forms

Return form Return filing frequency Who are required to file Tax Period Due date
GSTR-5 and GSTR-5A Monthly Non-Resident Taxpayers and ODIAR services provider December 2021 20 January 2022
GSTR-6 Monthly Input Service Distributors December 2021 13 January 2022
GSTR-7 Monthly GSTR 7 is a return to be filed by the persons who is required to deduct TDS (Tax deducted at source) under GST December 2021 10 January 2022
GSTR-8 Monthly 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 December 2021 10 January 2022
GST CMP-08 Quarterly Composition dealers October 2021 – December 2021 18 January 2022
GST ITC-04 Quarterly Principal/ manufacturer in following cases:

 

a. Sends inputs or capital goods on job work and/or receives it back.

b. Sends inputs or capital goods to another job worker.

c. Supplies from the premises of the job worker to the customer directly.

October 2021 – December 2021 25 January 2022

 

Also read: GST changes applicable from 1 January 2022

 

Image source: Canva

 

Information source: Income Tax Department, Government of India & TaxGuru

 

Disclaimer: The views and opinions expressed in this article are as per the mentioned information sources and do not necessarily reflect the views, official policy or position of GlobalLinker.  

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