As March is the last month for the financial year, it is an important month from the point of view of the tax compliance and other statutory due dates for GST return filings, ROC filing, and Income tax filing falling in the month of March 2021. It is always helpful for every registered business and professional to have Tax Compliance and Statutory Compliance calendar to be ready for compliance well in advance.Â
Here, we have prepared a Compliance Calendar in three parts:
1. Compliance Calendar for GST due dates of March 2021,
2. Compliance Calendar for Income Tax Return due dates for the month of March, 2021 and
3. ROC Compliance Calendar for the month of March, 2021.Â
Due Dates are crucial for each and every taxpayer including businesses, NGOs and individuals in India for the purpose of filing the mandatory ROC forms, GST returns and IT returns under the respective laws to avoid paying any interest or late fee.
Important due dates for the GST Returns in March 2021 |
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|
Due date |
Form to be filed |
Period |
Who should file? |
|
10.03.2021 |
GSTR 7 |
February 2021 |
GSTR 7 is a return to be filed by the persons who is required to deduct TDS (Tax deducted at source) under GST |
|
10.03.2021 |
GSTR 8 |
February 2021 |
GSTR-8 is a return to be filed by the e-commerce operators who are required to deduct TCS (Tax collected at source) under GST. |
|
11.03.2021 |
GSTR 1 |
February 2021 |
Taxpayers having an aggregate turnover of more than Rs. 1.50 Crores or opted to file Monthly Return |
|
13.03.2021 |
GSTR 6 |
February 2021 |
Input Service Distributors |
|
20.03.2021 |
GSTR 5 & 5A |
February 2021 |
Non-Resident Taxpayers and ODIAR services provider |
|
20.03.2021 |
GSTR 3B |
February 2021 |
The due date for GSTR-3B having an Annual Turnover of more than 5 Crores |
|
31.03.2021 |
CMP-08 |
October to December 2020 |
Due date for opting for composition scheme for the year 2021-22 |
|
31.03.2021 |
GSTR 9 & GSTR 9C |
FY 2019-20 |
Extended due date for filing GSTR 9 & GSTR 9C for the FY 2019-20 |
Important due dates for the Income Tax Compliance / PF / ESI March 2021 |
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|
07.03.2021 |
Challan No. ITNS-281 |
February 2021 |
Payment of TDS/TCS deducted /collected in February 2021. |
|
15.03.2021 |
TCS Return |
Quarterly |
Advance Tax payment for the quarter of Jan to March 2021 |
|
15.03.2021 |
Electronic Challan cum Return (ECR)Â (PF) |
February 2021 |
E-payment of Provident Fund |
|
15.03.2021 |
ESI Challan |
February 2021 |
ESI payment |
|
31.03.2021 |
Form 26Q |
Quarterly |
Extended due date to file TDS return for AY 2020-21(Extended due date) |
|
31.03.2021 |
Form- 1 to 7 |
FY 2019-20 |
Filing ITRÂ for AY 2020-2021 with penalty for both audit and non audit cases. |
|
31.03.2021 |
 – |
 – |
Payment of Tax under Vivad se Vishwas act, 2020 |
|
31.03.2021 |
 Form 1 to 7 |
FY 2019-20 |
Last date to revise ITR for the financial year 2019-20 |
|
31.03.2021 |
 – |
 – |
Last date to link Aadhar with PAN |
Now you can understand that the Month of March 2021 is full of important statutory due dates for various compliances under Income Tax Act, Goods and Service Act, Companies Act and LLP Act. Filing the above mentioned forms and returns on or before the due dates will save the Taxpayers from unnecessary penalties.
