Adhering to regulatory deadlines is essential for business owners and professionals. Missing these deadlines can lead to significant penalties and late fees, potentially harming your business’s financial stability and reputation. To help you stay compliant, here are the important dates for GST, PF/ESI, and Income Tax obligations in August 2024. Mark these dates in your calendar to ensure timely compliance and avoid any unnecessary penalties.
GST Due Dates for August 2024
| PARTICULARS | NATURE | TAX PERIOD | DUE DATE |
|---|---|---|---|
| GSTR-7 | TDS Deductors Under GST | July 2024 | 10 August 2024 |
| GSTR-8 | TCS Collectors Under GST | July 2024 | 10 August 2024 |
| GSTR-1 | Monthly Return for Outward Supplies | July 2024 | 11 August 2024 |
| GSTR-5 | NRTP (Non-Resident Taxable Person) | July 2024 | 13 August 2024 |
| GSTR-6 | ISD (Input Service Distributor) | July 2024 | 13 August 2024 |
| GSTR-3B | Monthly Return | July 2024 | 20 August 2024 |
| GSTR-5A | OIDAR (Online Information and Database Access or Retrieval Services) | July 2024 | 20 August 2024 |
| RFD-10 | Refund of Tax to Certain Persons | 18 Months after the end of the quarter for which the refund is to be claimed | – |
PF/ESI Compliances for August 2024
| DUE DATE | COMPLIANCE | DESCRIPTION |
|---|---|---|
| 15 August 2024 | ESI | ESIC Payment |
| 15 August 2024 | EPF | EPF Payment |
Income Tax Compliance Due Dates for August 2024
| DUE DATE | COMPLIANCE | DESCRIPTION |
|---|---|---|
| 7 August 2024 | TDS/TCS Payment | Due date for deposit of tax deducted/collected for July 2024. Government offices must pay to the credit of the Central Government on the same day without a challan. |
| 14 August 2024 | TDS Certificate | Due date for issue of TDS Certificates under sections 194-IA, 194-IB, 194M, and 194S for June 2024. |
| 15 August 2024 | Form 24G | Due date for furnishing Form 24G for July 2024, if TDS/TCS is paid without a challan. |
| 15 August 2024 | Form 3BB | Due date for furnishing Form 3BB for July 2024 by stock exchanges for modified client codes. |
| 15 August 2024 | TDS Certificate | Quarterly TDS certificate for non-salary payments for the quarter ending June 30, 2024. |
| 30 August 2024 | Challan-cum-Statement | Due date for furnishing challan-cum-statements under sections 194-IA, 194-IB, 194M, and 194S for July 2024. |
| 31 August 2024 | Form 9A | Application in Form 9A to apply previous year’s income in the next year or future, if return of income is due on October 31, 2024. |
| 31 August 2024 | Form 10 | Statement in Form 10 to accumulate income for future application under sections 10(21) or 11(1), if return of income is due on October 31, 2024. |
