GST & Income Tax worklist for April 2024

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In the world of taxation, meeting compliance deadlines is crucial for maintaining financial health. This guide explores the essential compliances for both GST and income tax, providing a roadmap for navigating tax obligations effectively.




GST Due Dates:

PARTICULARSNATURETAX PERIODDUE DATE
GSTR-7TDS DEDUCTORS UNDER GSTMarch 202410 April 2024
GSTR-8TCS COLLECTERS UNDER GSTMarch 202410 April 2024
GSTR-1MOTHLY RETURN FOR OUTWARD SUPPLIESMarch 202411 April 2024
GSTR-5NRTPMarch 202413 April 2024
GSTR-6ISD (INPUT SERVICE DISTRIBUTOR)March 202413 April 2024
GSTR-1 Quarterly(Jan-March, 2024)13 April 2024
GSTR-3BMOTHLYMarch 202420 April 2024
GSTR-5AOIDARMarch 202420 April 2024
GSTR-3BQuarterly(Jan-March, 2024)22 April 2024 *
24 April 2024 **
GSTR 4Annual Return of composite taxpayersFY 2023-2430 April 2024
CMP-08Composite taxpayers(Jan-March, 2024)18 April 2024
RFD-10REFUND OF TAX TO CERTAIN PERSONS18 Months after the end of quarter for which refund is to be claimed
*Category X States–Chhattisgarh, MP, Gujarat, Maharashtra, Karnataka, Goa, Kerala, TamilNadu, Telangana, Andhra Pradesh, Puducherry, Daman and Diu andDadra and Nagar haveli, Andaman and Nicobar islands, Lakshadweep.

** Category Y States – HP, Punjab, Uttarakhand, Haryana, Uttar Pradesh, Rajasthan, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand, Odisha, Jammu and Kashmir, Ladakh, Chandigarh, Delhi.

It is important to note that if any business crossing the limit of aggregate turnover of Rs.5 crore in current year than start E invoicing from 1 April ( New FY)

Start New Invoice Series from 1 April

List of already defined GST Compliance:

  1. GST Return Filing:
    • GSTR-1 (Monthly/Quarterly): This is for outward supplies. The due date varies depending on the turnover and the frequency of filing (monthly/quarterly).
    • GSTR-3B (Monthly): A summary return that should be filed by the 20th of the following month.
    • CMP-08 (Quarterly): For composition dealers, due by the 18th of the month following the quarter.
    • GSTR-5 (Monthly): For non-resident foreign taxpayers, due by the 20th of the following month.
    • GSTR-6 (Monthly): For input service distributors, due by the 13th of the following month.
    • GSTR-7 (Monthly): For Tax Deducted at Source (TDS) deductors, due by the 10th of the following month.
    • GSTR-8 (Monthly): For e-commerce operators, due by the 10th of the following month.
  2. GST Payment:
    • The GST payment due date for GSTR-3B is the 20th of the following month.
  3. GST Annual Return:
    • GSTR-9: The annual return is typically due by December 31 of the following financial year.
  4. GST Reconciliation:
    • Reconciliation of GSTR-2A & 2B with purchase register should be done on an ongoing basis to avoid discrepancies.

Income Tax Due Dates:

7 April 2024 –

​Due date for deposit of Tax deducted/collected by an office of the government for the month of March, 2024. However, all sum deducted 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

It is important to note that in the month of April 2024, TCS of March 2024 to pay till 7th April and TDS of March month is to be paid till 30th April

14 April 2024 –

​Due date for issue of TDS Certificate for tax deducted under section 194-IA in the month of February, 2024

14 April 2024 –

​Due date for issue of TDS Certificate for tax deducted under section 194-IB in the month of February, 2024

14 April 2024 –

​Due date for issue of TDS Certificate for tax deducted under section 194M in the month of February, 2024

14 April 2024 –

Due date for issue of TDS Certificate for tax deducted under section 194S (by specified person) in the month of February, 2024​

15 April 2024 –

​Quarterly statement in respect of foreign remittances (to be furnished by authorized dealers) in Form No. 15CC for quarter ending March, 2024

15 April 2024 –

​Due 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 March, 2024

30 April 2024 –

​Due date for furnishing of Form 24G by an office of the Government where TDS/TCS for the month of March, 2024 has been paid without the production of a challan

30 April 2024 –

​Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA in the month of March, 2024

30 April 2024 –

​Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IB in the month of March, 2024

30 April 2024 –

​Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194M in the month of March, 2024

30 April 2024 –

​Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194S (by specified person) in the month of March, 2024

30 April 2024 –

​Due date for deposit of Tax deducted by an assessee other than an office of the Government for the month of March, 2024

30 April 2024 –

​Due date for e-filing of a declaration in Form No. 61 containing particulars of Form No. 60 received during the period October 1, 2023 to March 31, 2024

30 April 2024 –

​Due date for uploading declarations received from recipients in Form. 15G/15H during the quarter ending March, 2024​

30 April 2024 –

​​Due date for deposit of TDS for the period January 2024 to March 2024 when Assessing Officer has permitted quarterly deposit of TDS under section 192194A194D or 194H




List of already defined Income Tax Compliance:

  1. Filing of Income Tax Returns (ITR):

    • For Individuals and HUFs (non-audit cases): Usually due by July 31 (unless extended).
    • For Businesses and Audit Cases: Typically, due by 31 October (unless extended).
  2. TDS Return Filing:

    • Quarterly TDS return (Form 24Q, 26Q) should be filed within 31 days from the end of the quarter and for the month of March till 31 May
  3. TCS Return filing
      1. Quarterly TCS return (Form 27Q, 27EQ) should be filed within 15 days from the end of the quarter.
  4. Advance Tax Payment:

    • There are specified due dates for paying advance tax depending on the financial year.
  5. Tax Audit and Transfer Pricing Compliance:

    • Tax audit reports (Form 3CD) should be submitted by September 30.
  6. Annual Information Return (AIR):

    • AIR filing should be done by financial institutions by January 31

The information provided in this guide is for general informational purposes only and should not be construed as legal, tax, or financial advice. While we strive to keep the information accurate and up-to-date, tax laws and regulations may change frequently and vary by jurisdiction. Therefore, it is advisable to consult with a qualified tax professional or financial advisor regarding specific tax issues or compliance requirements. We do not accept any responsibility or liability for any loss or damage incurred as a result of reliance on the information presented herein.

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Pooja Gupta

CA Pooja Gupta (CA, ISA, M.com) having 15 years of experience. Educator and Digital Creator

Disclaimer:- The opinions presented are exclusively those of the author and CA Guruji Classes. The material in this piece is intended purely for informational purposes and for individual, non-commercial consumption. It does not constitute expert guidance or an endorsement by any organization. The author, the organization, and its associates are not liable for any form of loss or harm resulting from the information in this article, nor for any decisions made based on it. Furthermore, no segment of this article or newsletter should be employed for any intention unless granted in written form, and we maintain the legal right to address any unauthorized utilization of our article or newsletter.

CA Pooja Gupta (CA, ISA, M.com) having 15 years of experience. Educator and Digital Creator

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