Statutory Compliance Calendar for May 2024 | Income tax, GST and various other laws
Statutory Compliance Chart for the Month of May 2024:
Below mentioned are some important due dates under Income tax, GST, company law etc. for the month of May 2024.
1. Income Tax
| Nature | Due Date |
| Due date for deposit of TCS/ TDS deducted for the month ending April 2024 | 07th May 2024 |
| Due date for issue of TDS Certificate for tax deducted under section 194-IA/S/IB/M in the month of March, 2024 | 15th May 2024 |
| Quarterly statement of TCS deposited for the quarter ending March 31, 2024 | 15th May 2024 |
| Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA/IB/M/S in the month of April, 2024 | 30th May 2024 |
| Quarterly statement of TDS deposited for the quarter ending March 31, 2024 | 31st May 2024 |
| Due date for furnishing of statement of financial transaction in Form No. 61A for FY 2023-24 | 31st May 2024 |
| Statement in Form no. 10 to be furnished to accumulate income for future application under section 10(21) or section 11(1) (if the assessee is required to submit return of income on or before July 31, 2024) | 31st May 2024 |
| Statement of donation in Form 10BD to be furnished by reporting person under section 80G(5)(iii) or section section 35(1A)(i) in respect of the financial year 2023-24 | 31st May 2024 |
| Certificate of donation in Form no. 10BE as referred to in section 80G(5)(ix) or section 35(1A)(ii) to the donor specifying the amount of donation received during the financial year 2023-24. | 31st May 2024 |
2. GST
| Return | Turnover | Month/ Quarter ending | Due Date |
| GSTR 7/8 | TDS/TCS | April 2024 | 10th May 2024 |
| GSTR 1 | Turnover >5 crore | April 2024 | 11th May 2024 |
| GSTR 1 (IFF) | Who opted for QRMP scheme | April 2024 | 13th May 2024 |
| GSTR 6 | ISD | April 2024 | 13th May 2024 |
| GSTR 5 | Non-Resident taxable person | April 2024 | 13th May 2024 |
| GSTR 5A | OIDAR | April 2024 | 20th May 2024 |
| GSTR 3B | Who opted for Monthly | April 2024 | 20th May 2024 |
| GSTR 3B | Who opted for QRMP scheme | April 2024 | 22nd May 2024*
24th May 2024** |
*States of Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, the Union territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands or Lakshadweep
**States of Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand or Odisha, the Union territories of Jammu and Kashmir, Ladakh, Chandigarh or Delhi.
3. EPF/ESI and Other laws
| Nature | Due Date |
| EPF- Payment of contribution for April month | 15th May 2024 |
| ESI- Payment of contribution for April month | 15th May 2024 |