Business Compliance Calendar for the month of March- 2020
Chartered Accountant
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Special Caution: Input Tax Credit (ITC) under GST has to be reserved if bill amount (Basic+Tax) is not paid within 180 days. 15th March 2020 Advance Tax for the assessment year 2020-21.
31st March 2020 Due date for furnishing Annual Return under GST in Form 9 & Form 9C in respect of a Financial Year 2018-19. Last Chance to file belated of Income Tax Return for the F.Y 2018-19.
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01.03.2020
– Challan cum Statement with regard to TDS u/s 194IA (TDS on
Immovable property) & u/s 194IB (TDS on Certain Rent payment) for January -2020
– Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194M (TDS on Certain Rent payment in the
month of January, 2020.
07.03.2020
– Due date for deposit of Tax deducted/collected at source (TDS/TCS) for the month of February – 2020. 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
10.03.2020
– Monthly TCS Returns (in GST) in Form No GSTR-8 (E-Commerce
Operator) for the month of February – 2020
– Monthly TDS payment (GST) in Form No GSTR-7 by the person
Specified by the Government for the month of February – 2020
11.03.2020
– Monthly GST return in GSTR-1(Outward Supplies) for February –
2020 for registered Person with aggregate turnover exceeding Rs.1.50
Cr.
13.03.2020
– Monthly Return in GSTR-6 for Input Service Distributor (ISD) for the
month of February -2020
15.03.2020
– Monthly PF for February -2020
– Monthly ESIC for February -2020
– Due date for furnishing of Form 24G by an office of the Government
where TDS/TCS for the month of February -2020 has been paid
without the production of a challan.
– Due date for furnishing of Form 24G by an office of the Government
where TDS/TCS for the month of February, 2020 has been paid
without the production of a Challan.
– Due date for payment of whole amount of advance tax in respect of Assessment year 2020-21 for all assessee (Including those who are covered under presumptive scheme of Section 44AD/ 44ADA)
15.03.2020
– Due date for issue of TDS Certificate for tax deducted in the month of January, 2020 in respect of TDS
i) under Section 194-IA (TDS on Immovable property)
ii) under section 194-IB (TDS on Certain Rent payment)
iii) under Section 194M (TDS on Payment to resident
contractors/Professional)
20.03.2020
– Monthly Summary Return in GSTR-3B for February -2020 for GST Registered dealer having annual turnover of Rs.5 crore and more in the
Previous financial year.
– Monthly Return in GSTR-5 (for Non Resident Taxable Person) for the
month of February -2020.
– Return in GSTR-5A for the month of February -2020 by Non-Resident foreign taxpayers who have come for a short period to make Supplies in India.
22.03.2020
– Monthly Summary Return in GSTR-3B for February -2020 for GST
Registered dealer in 15 specified states i.e., Chhattisgarh, Madhya Pradesh, Gujarat, Daman and Diu, Dadra and Nagar Haveli, Maharashtra, Karnataka, Goa, Lakshadweep, Kerala, Tamil Nadu, Puducherry, Andaman and Nicobar Islands, Telangana and Andhra Pradesh.
24.03.2020
– Monthly Summary Return in GSTR-3B for February -2020 for GST
Registered dealer in 22 specified states i.e. J & K, Laddakh, Himachal Pradesh, Punjab, Chandigarh, Uttarakhand, Haryana, Delhi, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand and Odisha.
25.03.2020
– Provident Fund (PF) Return for February -2020 (Including
Pension & Insurance Scheme forms).
30.03.2020
– Challan cum Statement with regard to TDS u/s 194IA (TDS on
Immovable property) & u/s 194IB (TDS on Certain Rent payment) & u/s 194M (TDS on Payment to resident contractors/Professional) for February, 2020.
31.03.2020
– Last chance to link Aadhaar number with PAN.
– Country-By-Country Report in Form No. 3CEAD for the previous year 2018-19 by a parent entity or the alternate reporting entity, resident in India, in respect of the international group of which it is a constituent of such group
– Country-By-Country Report in Form No. 3CEAD for a reporting accounting year (assuming reporting accounting year is April 1, 2018 to March 31, 2019) by a constituent entity, resident in India, in respect of the international group of which it is a constituent if the parent entity is not obliged to file report u/s 286(2) or the parent entity is resident of a country with which India does not have an agreement for exchange of the report etc.
– Due Date for filling of GST Annual Return/Report for the F.Y.
2018 -19
a) In Form No GSTR-9 (for all registered person except some
Person specified in the Act)
b) Annual GST Audit Report in Form No GSTR-9C (for all registered Person whose turnover is exceeding Rs. 2 Crore)
Due date for opting under Vivad Se Vishwas Scheme -2020 for Income tax Appeal Cases.
