Compliance Calendar - March 2019
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CORPORATE Compliance CALENDAR
For the m/o March, 2019
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For the m/o March, 2019
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About Article :
This article contains various Compliance requirements under Statutory Laws. Compliance means “adhering to rules and regulations.”
Compliances under:
1. Compliance Requirement Under Income Tax Act, 1961
2. Compliance Requirement Under Goods & Services Act, (GST) 2017
3. Compliance Under Other Statutory Laws
4. Compliance Requirement Under SEBI (Listing Obligations And Disclosure Requirements) (LODR) Regulations, 2015
5. Compliance Requirement For Companies Act, 2013
This article contains various Compliance requirements under Statutory Laws. Compliance means “adhering to rules and regulations.”
Compliances under:
1. Compliance Requirement Under Income Tax Act, 1961
2. Compliance Requirement Under Goods & Services Act, (GST) 2017
3. Compliance Under Other Statutory Laws
4. Compliance Requirement Under SEBI (Listing Obligations And Disclosure Requirements) (LODR) Regulations, 2015
5. Compliance Requirement For Companies Act, 2013
- Compliance requirement under Income Tax act, 1961
| Applicable Laws/Acts |
Due Dates |
Compliance Particulars |
Forms/ (Filing mode) |
| Income Tax Act, 1961 |
02.03.2019 |
Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA in the month of January, 2019 | 194-IA |
| Income Tax Act, 1961 |
02.03.2019 |
Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IB in the month of January, 2019 | 194-IB |
| Income Tax Act, 1961 |
07.03.2019 |
Due date for deposit of Tax deducted/collected for the month of February, 2019. (TDS & TCS) |
TDS & TCS |
| Income Tax Act, 1961 |
15.03.2019 |
Due date for furnishing of Form 24G by an office of the Government where TDS/TCS for the month of February, 2019 has been paid without the production of a challan | Form 24G |
| Income Tax Act, 1961 |
15.03.2019 |
Fourth instalment of advance tax for the assessment year 2019-20 |
Advance Tax |
| Income Tax Act, 1961 |
15.03.2019 |
Due date for payment of whole amount of advance tax in respect of assessment year 2019-20 for assessee covered under presumptive scheme of section 44AD/44ADA |
Section 44AD/44ADA |
| Income Tax Act, 1961 |
17.03.2019 |
Due date for issue of TDS Certificate for tax deducted under section 194-IA in the month of January, 2019 | TDS Certificate under section 194-IA |
| Income Tax Act, 1961 |
17.03.2019 |
Due date for issue of TDS Certificate for tax deducted under section 194-IB in the month of January, 2019 | TDS Certificate under section 194-IB |
| Income Tax Act, 1961 |
30.03.2019 |
Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA in the month of February, 2019 | Section 194-IA |
| Income Tax Act, 1961 |
30.03.2019 |
Due date for furnishing of challan-cum-statement in respect of tax deducted under Section 194-IB in the month of February, 2019 | Section 194-IB |
| Income Tax Act, 1961 |
31.03.2019 |
Due date for linking of Aadhaar number with PAN |
|
| Income Tax Act, 1961 |
31.03.2019 |
Country-By-Country Report in Form No. 3CEAD for the previous year 2017-18 by a parent entity or the alternate reporting entity, resident in India, in respect of the international group of which it is a constituent of such group | Form No. 3CEAD |
| Income Tax Act, 1961 |
31.03.2019 |
Country-By-Country Report in Form No. 3CEAD for a reporting accounting year (assuming reporting accounting year is April 1, 2017 to March 31, 2018) by a constituent entity, resident in India, in respect of the international group of which it is a constituent if the parent entity is not obliged to file report u/s 286(2) or the parent entity is resident of a country with which India does not have an agreement for exchange of the report etc. | Form No. 3CEAD |
- Compliance Requirement under Goods & Services Act, (GST) 2017
| Applicable Laws/Acts |
Due Dates |
Compliance Particulars |
Forms/ (Filing mode) |
| GST, Act, 2017 |
10.03.2019 |
Form GSTR-7 for the month of February, 2019 |
GSTR-7 |
| GST, Act, 2017 |
10.03.2019 |
TCS Collector |
GSTR - 8 |
| GST, Act, 2017 |
11.03.2019 |
Return of outward supplies of taxable goods and/or services for the Month of February 2019 (for Assesses having turnover exceeding 1.5 Cr.) Monthly Return. |
GSTR – 1 |
| GST, Act, 2017 |
13.03.2019 |
Due date for Furnishing return by Input Service Distributors (ISD) |
GSTR - 6 |
| GST, Act, 2017 |
20.03.2019 |
Summary of outward taxable supplies and tax payable by Non-Resident taxable person & OIDAR respectively. |
GSTR-5 & GSTR - 5A |
| GST, Act, 2017 |
20.03.2019 |
Simple GSTR return for the month of February, 2018 |
GSTR – 3B |
- Compliance under Other Statutory LAws
| Applicable Laws/Acts |
Due Dates |
Compliance Particulars |
Forms / (Filing mode) |
| EPF (The Employees’ Provident Funds And Miscellaneous Provisions Act, 1952) |
15.03.2019 |
PF Payment for February, 2019 |
ECR |
| ESIC (Employees' State Insurance Act, 1948) |
15.03.2019 |
ESIC Payment for February, 2019 |
ESI Challan |
| Shops And Establishments Act | 31.03.2019 | Annual Return Under Shops and Establishments Act - Jharkhand | |
| Maharashtra Professional Tax Act |
31.03.2019 |
Monthly Return for February Under Maharashtra Profession Tax, Trade and Ceilings |
- Compliance Requirement under SEBI (Listing Obligations and Disclosure Requirements) (LODR) Regulations, 2015
FILING MODE(s) :
|
| Sl. No. |
Regulation No. |
Compliance Particular |
Compliance Period (Due Date) |
| 1. |
Regulation 7 (5) |
Intimation of appointment / Change of Share Transfer Agent. |
Within 7 days of Agreement with RTA. |
| 2. |
Regulation 17(2) |
Meeting of Board of Directors |
The board of directors shall meet at least 4 times a year, with a maximum time gap of 120 days between any two meetings. |
| 3. |
Regulation 18(2) |
Meeting of the audit committee |
The audit committee shall meet at least 4 times in a year and not more than 120 days shall elapse between two meetings. |
| 4. |
Regulation 29 |
Notice for Board Meeting to consider the prescribed matters. |
The Company shall give an advance notice of: a) at least 5 days for Financial Result as per Regulation 29 1 (a) b) in case matters as stated in regulation 29 1 (b) to (f) – 2 Working days in advance (Excluding the date of the intimation and date of the meeting) to Stock Exchange. c) 11 working days in case matter related to alteration in i) Securities ;ii) date of interest or redemption of Debenture / bond as per regulation 29(3) (a) ,(b). |
| 5 |
Regulation 30 |
Outcome of Board Meeting (Schedule III Part A- (4) |
within 30 minutes of the closure of the meeting |
| 6. |
Regulation 31 |
Holding of specified securities and shareholding pattern |
Reg. 31(1)(a): 1 day prior to listing of its securities on the stock exchange(s); Reg. 31(1)(c): within 10 days of any capital restructuring of the listed entity resulting in a change exceeding 2 % of the total paid-up share capital. |
| 7. |
Regulation 39 |
Issuance of Certificates or Receipts/Letters/Advices for securities and dealing with unclaimed securities. |
Reg. 39(2): The listed entity shall issue certificates or receipts or advices, as applicable, of subdivision, split, consolidation, renewal, exchanges, endorsements, issuance of duplicates thereof or issuance of new certificates or receipts or advices, as applicable, in cases of loss or old decrepit or worn out certificates or receipts or advices, as applicable within 30 days from the date of such lodgement. Reg. 39(2): The listed entity shall submit information regarding loss of share certificates and issue of the duplicate certificates, to the stock exchange within 2 days of its getting information. |
| 8. |
Regulation 40 |
Transfer or transmission or transposition of securities |
After due verification of the documents, the Listed Company shall register transfers of its securities in the name of the transferee(s) and issue certificates or receipts or advices, as applicable, of transfers; or issue any valid objection or intimation to the transferee or transferor, as the case may be, within a period of 15 days from the date of such receipt of request for transfer: Transmission requests are processed for securities held in dematerialized mode and physical mode within 7 days and 21 days respectively, after receipt of the specified documents |
| 9. |
Regulation 46 |
Company Website:. Listed entity shall disseminate the information as stated in Regulation 46 (2) |
Shall update any change in the content of its website within 2 working days from the date of such change in content. |
| 10. |
Regulation 50 |
Intimation to stock exchange(s). |
Listed Company shall give prior intimation at least 11 working days before the date on and from which the interest on debentures and bonds, and redemption amount of redeemable shares or of debentures and bonds shall be payable. |
| 11. |
Regulation 57 |
Other submissions to stock exchange(s). |
Listed Company shall submit a certificate to the stock exchange within 2 days of the interest or principal or both becoming due that it has made timely payment of interests or principal obligations or both in respect of the non convertible debt securities. |
| 12. |
Regulation 82 |
Intimation and filings with stock exchange(s). |
Intention to issue new securitized debt instruments either through a public issue or on private placement basis : Reg. 82(2) : Intimation of Meeting at least 2 working days in advance, excluding the date of the intimation and date of the meeting, regarding the meeting of its board of trustees, at which the recommendation or declaration of issue of securitized debt instruments or any other matter affecting the rights or interests of holders of securitized debt instruments is proposed to be considered |
| 13. |
SCHEDULE III PART A: DISCLOSURES OF EVENTS OR INFORMATION: SPECIFIED SECURITIES |
Events which shall be disclosed without any application of the guidelines for materiality as specified in sub-regulation (4) of regulation (30) |
(7B) In case of resignation of an independent director of the listed entity, within 7 days from the date of resignation, the following disclosures shall be made to the stock exchanges by the listed entities as mentioned in 7B (i), 7B(ii) & 7B(iii). |
| 14. |
Regulation 106J |
Period of subscription and issue of allotment letter. |
A rights issue shall be open for subscription in India for a period as applicable under the laws of its home country but in no case less than 10 days. |
| 15. |
Regulation 108 |
Application for Listing. |
The issuer / the issuing company, shall, make an application for listing, within 20 days from the date of allotment, to one or more recognized stock exchange(s) along with the documents specified by stock exchange(s) from time to time. |
5. Compliance Requirement for Companies Act, 2013
| Applicable Laws/Acts |
Due Dates |
Compliance Particulars |
Forms / Filing mode |
| Companies Act, 2013 |
Within 180 Days From The Date Of Incorporation Of The Company |
As per Section 10 A (Commencement of Business) of the Companies Act, 2013, inserted vide the Companies (Amendment) Ordinance, 2018 w.e.f. 2nd November, 2018, a Company Incorporated after the ordinance and having share capital shall not commence its business or exercise any borrowing powers unless a declaration is filed by the Director within 180 days from the date of Incorporation of the Company with the ROC. | MCA E- Form INC 20A |
| Companies Act, 2013 |
30 Days From The Date Of Deployment of E-Form on MCA Portal | Every existing body corporate other than a company governed by the NFRA Rules (Rule 3(1)), shall inform the (“NFRA”) about details of the auditor(s) as on 13th November 2018. | Form NFRA-1 (e-form not yet deployed Ministry (ROC)) |
| Companies Act, 2013 |
within 30 days of the form being made available by the MCA | All Specified Companies (i.e. Companies who get supplies of goods or services from micro and small enterprises and whose payments to micro and small enterprise suppliers exceed 45 days from the date of acceptance or the date of deemed acceptance of the goods or services as per section 9 of the Micro, Small and Medium Enterprises Development Act, 2006) to file details of all outstanding dues to Micro or small enterprises suppliers existing on 22nd January, 2019 within thirty days. Link of the MCA notification : http://www.mca.gov.in/Ministry/pdf/MSMESpecifiedCompanies_22012019.pdf |
Form MSME -1 One time return is required to be filed within 30 days of the form being made available by the MCA (earlier within 30 days of publication of this order i.e. 21.02.2019.) Due date of subsequent returns is mentioned below: a) For Half year period ‘April to September’ – 31st October b) For half year period ‘October to March’ – 30th April |
| Companies Act, 2013 |
30 Days From The Date Of Deployment Of E-Form on MCA Portal | Filing of form BEN-2 under the Companies (Significant Beneficial Owners) Rules, 2018. | Form BEN – 2 (e-form not yet deployed by Ministry (ROC)) |
| Companies Act, 2013 |
On or before 25.04.2019 | Filing of the particulars of the Company & its registered office. (by every company incorporated on or before the 31.12.2017.) |
Active Form INC -22 |
Note:
Form DPT-3 (Due date: 21-04-2019)
Onetime Return For Disclosure Of Details Of Outstanding Money Or Loan Received By Company But Not Considered As Deposits In Terms Of Rule 2(1)(C) Of The Companies (Acceptance Of Deposits) Rules, 2014.
Note: Every Company (Other Than Government Company) Shall File A Onetime Return Of Outstanding Receipt Of Money Or Loan From 01st April, 2014 Till 22nd January, 2019, Which Are Not Considered As Deposits, In Form DPT-3 Within Ninety Days of 22nd January, 2019.
Form DPT-3 (Due date: 21-04-2019)
Onetime Return For Disclosure Of Details Of Outstanding Money Or Loan Received By Company But Not Considered As Deposits In Terms Of Rule 2(1)(C) Of The Companies (Acceptance Of Deposits) Rules, 2014.
Note: Every Company (Other Than Government Company) Shall File A Onetime Return Of Outstanding Receipt Of Money Or Loan From 01st April, 2014 Till 22nd January, 2019, Which Are Not Considered As Deposits, In Form DPT-3 Within Ninety Days of 22nd January, 2019.
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