The month of March is the last month of the financial year. To give taxpayers one last time opportunity, various departments have also extended the due dates and the last date now falls in the month of March. TaxHelpdesk has compiled a list of due dates of compliances in March 2021. These are as follows:
List of Income Tax Compliances in March 2021
The list of compliances in March 2021 is as follows:
– Firstly, payment of the fourth instalment of advance tax
– Secondly, payment of the fourth instalment of advance tax for small taxpayers opting for the presumptive taxation scheme
– Thirdly, the filing of the belated or revised return
– Fourthly, linking of PAN with Aadhaar
– Fifthly, the filing of quarterly statement of TDS/TCS deposited for Q1 and Q2
– Sixthly, the payment under Vivad Se Vishwas Scheme
– Lastly, passing of order or issuance of notice under direct tax and Benami laws
income Tax Due dates of Compliances in March 2021
Income Tax Compliances and Due Dates for the month of March, 2021
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List of GST Compliances in March, 2021
The list of various compliances of GST are as follows:
– Firstly, filing of GST return for tax deducted at source
– Secondly, filing of GST return by e-commerce operators responsible for tax collection at source
– Thirdly, GST return for Input Service Distributor
– Fourthly, filing of GST return by NRI and ODIAR services provider
– Fifthly, filing of GST return for persons having an annual turnover of Rs. 5 crores for Part A & B states
-Sixthly, filing of monthly GST return by taxpayers whose aggregate turnover exceeds Rs. 5 crore in previous FY.
– Seventhly, filing of monthly GSTR-1, where turnover exceeds Rs. 1.5 crores
– Eighthly, filing of Annual Return
– Ninthly, updating of GSTN in Udyam Registration
– Lastly, opting for composition schemee
GST Due Dates
Following are the GST due dates for compliances in March 2021
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Part A States are: Chhattisgarh, Madhya Pradesh, Gujarat, Daman & Diu, Dadra & Nagar Haveli, Maharashtra, Karnataka, Goa, Lakshadweep, Kerala, Tamil Nadu, Puducherry, Andaman & Nicobar Islands, Andhra Pradesh and Telangana
Part B States are: Jammu & Kashmir, Ladakh, Himachal Pradesh, Punjab, Chandigarh, Delhi, Haryana, Rajasthan, Uttar Pradesh, Uttarakhand, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand and Odisha.
PF & ESI due dates
In addition to the Income Tax & GST compliances, one has to comply with PF & ESI compliances too.
The due date for filing of PF & ESI for the month of February, 2021 is 15th March, 2021.
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The above stated are the various compliances for the month of March, 2021. Taxpayers are advised to mark their calendars and file the above mentioned before or on due date, to avoid any late fees, interest and penalties.
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