Category: General Week Ahead Compliance Reminders

Week Ahead Compliance Reminders

2 July 2023

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Due date for deposit of Tax deducted or collected for the month of June, 2023 is 7th July 2023. However, all 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. Due date for deposit of TDS for the period April 2023 to June 2023 when Assessing Officer has permitted quarterly deposit of TDS under section 192, 194A, 194D or 194H is 7th July 2023 The increase in TCS rates; which were to come into effect from 1st July, 2023 shall now come into effect from October 1, 2023. For listed companies there are several other event or task based, annual and quarterly compliances which have specific time periods allotted from the date of the event or completion of task or end of a milestone period before which one needs to submit reports with details of the event or task to the relevant regulatory authorities especially SEBI. These due dates generally fall in the range of simultaneous to 60 days depending on the event.
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