Income Tax Compliance Calendar August, 2021

Compliances Due Dates: Income Tax, August 2021

Income Tax compliances in August, 2021 as declared by the Central Board of Direct Taxes are stated in this blog.

Please note that non-compliance with the various filing can lead to heavy penalties. Therefore, make sure that you comply with these compliances before the end of the due date. 

Various Income Tax Compliances in August

The list of various Income Tax compliances in August, 2021 are as follows:
– Firstly, the deposit of TDS/TCS
– Secondly, equalisation levy payment on ‘specified services’
– Thirdly, issue of TDS Certificate under Section 194-IA, 194-IB and 194M
– Fourthly, furnishing of Form 24G by office of Government where TDS/TCS has been paid without challan
– Fifthly, issuing of quarterly TDS Certificate (other than salary)
– Sixthly, filing of Form 33B by a stock exchange in respect of transactions in which clients’ codes modified after registering in the system.
– Seventhly, a deposit of TDS under Section 194-IA, 194-IB and 194M
– Lastly payment of tax under the Direct Tax Vivad Se Vishwas Act, 2020 without additional charge

Also Read: Difference between TDS and TCS easily explained

Due Dates for Income tax Compliances in August, 2021

The due dates for above stated Income Tax Compliances in August are as follows:

Period

Particulars

Due Dates

July, 2021

Deposit of TDS/TCS

07.08.2021

July, 2021

Equilisation levy payment on ‘specified services’

07.08.2021

June, 2021

Issue of TDS Certificate under Section 194-IA

14.08.2021

June, 2021

Issue of TDS Certificate under Section 194-IB

14.08.2021

June, 2021

Issue of TDS Certificate under Section 194-M

14.08.2021

July, 2021

Furnishing of Form 24G by office of Government where TDS/TCS has been paid without challan

15.08.2021

April – June, 2021

Quarterly TDS Certificate (other than salary)

15.08.2021

July, 2021

Form 33B by a stock exchange in respect of transactions in which clients code modified after registering in the system

15.08.2021

July, 2021

Deposit of TDS under Section 194-IA

30.08.2021

July, 2021

Deposit of TDS under Section 194-IB

30.08.2021

July, 2021

Deposit of TDS under Section 194M

30.08.2021

Payment of tax under the Direct Tax Vivad Se Vishwas Act, 2020 without additional charge

31.08.2021

Also Read:
GST Compliances For August, 2021

Income Tax Compliance Calendar: July, 2021

Extension Of Due Dates Due To COVID-19

Due Dates For Compliances In June, 2021

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