From pension account to Income Tax, crucial deadlines in November: Keeping track of deadlines is vital, particularly for financially significant matters. Meeting these deadlines helps prevent penalties, avoids last-minute chaos, and promotes better financial management. Below are important dates and deadlines for November.
November 14
Due dates for issue of TDS certificate:
- Form 16B for tax withheld under 194-IA in September 2024.
- Form 16C for tax withheld under 194-IB in September 2024.
- Form 16D for tax withheld under 194M in September 2024.
November 15
- The Income Tax Department extended the deadline for filing ITR for the fiscal year 2023-2024 (Assessment Year 2024-25) from October 21, 2024 to November 15, 2024. The taxpayers who had to file their ITR by October 31 and submit a tax audit report by September 20, can avail of this extension.
- Those who have to submit audit reports must also file ITR within the deadline simultaneously.
- Last day to make PF and ESI contributions for October 2024.
- The deadline for filing the TCS return (Form 27EQ) for the September 2024 quarter.
November 30
- Last day to submit annual life certificate for pension. The certificate is valid for 12 months from the date of issue
- Challan-cum-statement for October 2024 deductions under Sections 194IA (Form 26QB), 194IB (Form 26QC), and 194M.
- Filing the ITR for transfer pricing cases, specifically for those engaged in international and specified domestic transactions during the financial year 2023-24.
Tax Compliance Tracker – November, 2024
- Compliance requirement under Income Tax act, 1961
| Sl. | Compliance Particulars | Due Dates |
| 1 | Due date for deposit of Tax deducted/collected for the month of October, 2024. 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 | 07.11.2024 |
| 2. | Due date for issue of TDS Certificate for tax deducted under section 194-IA in the month of September, 2024 | 14.11.2024 |
| 3 | Due date for issue of TDS Certificate for tax deducted under section 194-IB in the month of September, 2024 | 14.11.2024 |
| 4 | Due date for issue of TDS Certificate for tax deducted under section 194M in the month of September, 2024 | 14.11.2024 |
| 5 | Due date for issue of TDS Certificate for tax deducted under section 194S (by specified person) in the month of September, 2024 | 14.11.2024 |
| 6 | Quarterly TDS certificate (in respect of tax deducted for payments other than salary) for the quarter ending September 30, 2024 | 15.11.2024 |
| 7 | Due date for furnishing of Form 24G by an office of the Government where TDS/TCS for the month of October, 2024 has been paid without the production of a challan | 15.11.2024 |
| 8 | 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 October, 2024 | 15.11.2024 |
| 9 | Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA in the month of October, 2024 | 30.11.2024 |
| 10 | Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IB in the month of October, 2024 | 30.11.2024 |
| 11 | Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194M in the month of October, 2024 | 30.11.2024 |
| 12 | Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194S (by specified person) in the month of October, 2024 | 30.11.2024 |
| 13 | Return of income for the assessment year 2024-25 in the case of an assessee if he/it is required to submit a report under section 92E pertaining to international or specified domestic transaction(s) | 30.11.2024 |
| 14 | Report in Form No. 3CEAA by a constituent entity of an international group for the accounting year 2023-24 | 30.11.2024 |
| 15 | Statement of income distribution by Venture Capital Company or venture capital fund in respect of income distributed during previous Year 2023-24 (Form No. 64) | 30.11.2024 |
| 16 | Statement to be furnished in Form No. 64D by Alternative Investment Fund (AIF) to Principal CIT or CIT in respect of income distributed (during previous year 2023-24) to units holders | 30.11.2024 |
| 17 | Due date to exercise option of safe harbour rules for international transaction by furnishing Form 3CEFA | 30.11.2024 |
| 18 | Due date to exercise option of safe harbour rules for specified domestic transaction by furnishing Form 3CEFB | 30.11.2024 |
| 19 | Due date for filing of statement of income distributed by business trust to unit holders during the financial year 2023-24. This statement is required to be filed electronically to Principal CIT or CIT in form No. 64A | 30.11.2024 |
| 20 | Submit copy of audit of accounts to the Secretary, Department of Scientific and Industrial Research in case company is eligible for weighted deduction under section 35(2AB) [if company has any international/specified domestic transaction]. | 30.11.2024 |
| 21 | Statement by scientific research association, university, college or other association or Indian scientific research company as required by rules 5D, 5E and 5F (if due date of submission of return of income is November 30, 2024) | 30.11.2024 |
| 22 | Due date for e-filing of report (in Form No. 3CEJ) by an eligible investment fund in respect of arm’s length price of the remuneration paid to the fund manager. (if the assessee is required to submit return of income on November 30, 2024) | 30.11.2024 |
2. Compliance Requirement under GST, 2017
A. Filing of GSTR –3B / GSTR 3B QRMP
a) Taxpayers having aggregate turnover > Rs. 5 Cr. in preceding FY
| Tax period | Due Date | Particulars |
| Oct., 2024 | 20th November, 2024 | Due Date for filling GSTR – 3B return for the month of Oct., 2024 for the taxpayer with Aggregate turnover exceeding INR 5 crores during previous year. |
b). Taxpayers having aggregate turnover upto Rs. 5 crores in preceding FY (Group A)
| Tax period | Due Date | Particulars | |
| Oct., 2024 | 22nd November, 2024 | Due Date for filling GSTR – 3B return for the month of Oct., 2024 for the taxpayer with Aggregate turnover upto INR 5 crores during previous year and who has opted for Quarterly filing of GSTR-3B | |
| Group A States: Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, Daman & Diu and Dadra & Nagar Haveli, Puducherry, Andaman and Nicobar Islands, Lakshadweep | |||
c). Taxpayers having aggregate turnover upto Rs. 5 crores in preceding FY (Group B)
| Tax period | Due Date | Particulars | |
| Oct., 2024 | 24th November, 2024 | Annual Turnover Up to INR 5 Cr in Previous FY But Opted Quarterly Filing | |
| Group B States: Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand, Odisha, Jammu and Kashmir, Ladakh, Chandigarh, Delhi | |||
B. Filing Form GSTR-1:
| Tax period | Due Date | Remarks |
| Monthly return (Oct., 2024) | 11.11.2024 | 1. GST Filing of returns by registered person with aggregate turnover exceeding INR 5 Crores during preceding year. 2. Registered person, with aggregate turnover of less then INR 5 Crores during preceeding year, opted for monthly filing of return under QRMP. |
C. Non Resident Tax Payers, ISD, TDS & TCS Taxpayers
| Form No. | Compliance Particulars | Timeline | Due Date |
| GSTR-5 & 5A | Non-resident ODIAR services provider file Monthly GST Return | 20th of succeeding month | 20.11.2024 |
| GSTR -6 | Every Input Service Distributor (ISD) | 13th of succeeding month | 13.11.2024 |
| GSTR -7 | Return for Tax Deducted at source to be filed by Tax Deductor | 10th of succeeding month | 10.11.2024 |
| GSTR -8 | E-Commerce operator registered under GST liable to TCS | 10th of succeeding month | 10.11.2024 |
D. GSTR – 1 QRMP monthly / Quarterly return
| Form No. | Compliance Particulars | Timeline | Due Date |
| Details of outward supply-IFF & Summary of outward supplies by taxpayers who have opted for the QRMP scheme. | GST QRMP monthly return due date for the month of Oct., 2024 (IFF). Applicable for taxpayers with Annual aggregate turnover up to Rs. 1.50 Crore. Summary of outward supplies by taxpayers who have opted for the QRMP scheme. | 13th of succeeding month – Monthly Quarterly Return | 13.11.2024 |
E. GST Refund:
| Form No. | Compliance Particulars | Due Date |
| RFD -10 | Refund of Tax to Certain Persons: Application for Refund by any specialized agency of UN or any Multilateral Financial Institution and Organization, Consulate or Embassy of foreign countries, etc. | 2 years from the last day of the quarter in which supply was received |
F. Monthly Payment of GST – PMT-06:
| Compliance Particular | Due Date |
| Challan for deposit of goods and services tax Due Date of payment of GST for a taxpayer with Aggregate turnover up to INR 5 crores during the previous year and who has opted for Quarterly filing of return under QRMP. | 25.11.2024 |
G. GSTR 11: Statement of inward supply of goods or services or both received by UIN holders – due date 28.11.2024
GSTR-11 is the return to be filed by the persons who have been issued a Unique Identity Number and claims a refund of the taxes paid on their inward supplies.
Due date: Must be filed by the 28th of the month following the month in which inward supply is received by the UIN holders.