May 2026 is a critical compliance month as it covers April 2026 monthly filings, along with important quarterly Income Tax compliances. Proper tracking of due dates is essential to avoid interest, late fees, and penalties. Below is a structured, professional summary of all key compliances.
Income Tax Compliance – May 2026
The month involves both monthly TDS payment and quarterly TDS return filing.
📊 Income Tax Due Dates
| Due Date | Compliance | Particulars |
|---|---|---|
| 7 May 2026 | TDS Payment | Deposit of TDS deducted in April 2026 |
| 31 May 2026 | TDS Return (Q4) | Filing of TDS returns for Jan–Mar 2026 |
| 31 May 2026 | Form 16A Issue | Issue of TDS certificates (non-salary) |
💡 Important Notes
- Delay in TDS payment attracts interest @ 1% / 1.5% per month
- From this month onwards TDS to be pay as per new income tax act 2025 as per new sections
- Late filing of TDS return attracts ₹200 per day penalty
🔷 GST Compliance – May 2026
📊 GST Due Dates (for April 2026 period)
| Due Date | Return | Applicability |
|---|---|---|
| 10 May 2026 | GSTR-7 | TDS under GST |
| 10 May 2026 | GSTR-8 | E-commerce operators (TCS) |
| 11 May 2026 | GSTR-1 | Monthly outward supplies |
| 13 May 2026 | GSTR-6 | Input Service Distributors (ISD) |
| 20 May 2026 | GSTR-3B | Monthly taxpayers |
| 20 May 2026 | GSTR-5 | Non-resident taxable person |
| 20 May 2026 | GSTR-5A | OIDAR service providers |
🔶 QRMP Scheme
QRMP taxpayers do NOT file GSTR-3B in May for April 2026.
👉 Instead, they have:
| Due Date | Compliance |
|---|---|
| 25 May 2026 | PMT-06 (Tax payment for April under QRMP) |
PF & ESI Compliance – May 2026
Employers must comply with monthly labor law obligations.
📊 PF & ESI Due Dates
| Due Date | Compliance | Particulars |
|---|---|---|
| 15 May 2026 | PF Payment | Deposit of EPF contribution for April 2026 |
| 15 May 2026 | ESI Payment | Deposit of ESI contribution for April 2026 |
💡 Important Notes
- Includes both employer & employee contributions
- Delay attracts interest + damages (penalty)
- PF return (ECR) must be filed along with payment
MCA (ROC) Compliance – May 2026
Unlike GST or Income Tax, MCA compliance is not monthly-based but event-driven.
📊 MCA Compliance (Event-Based)
| Event | Form | When Applicable |
|---|---|---|
| Allotment of Shares | PAS-3 | Within 30 days |
| Board Resolution Filing | MGT-14 | Within 30 days |
| Appointment/Resignation of Director | DIR-12 | Within 30 days |
| Incorporation-related filings | Various | As applicable |
💡 Important Notes
- No fixed monthly due dates
- Non-compliance leads to heavy penalties on company & directors
- Annual filings (AOC-4, MGT-7) are separate and not part of May
Practical Compliance Focus for May 2026
May is also important from a year-end closure perspective:
- ✅ GST vs Books reconciliation (April opening impact)
- ✅ TDS reconciliation for Q4 before return filing
- ✅ Salary & payroll verification (PF/ESI alignment)
- ✅ Preparation for upcoming ITR filing season
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