Statutory And Tax Compliance Due Dates For The Month Of March 2023

List of Statutory And Tax Compliance For The Month Of March 2023

Individuals and businesses, large and small, are required in India to comply with tax and statutory compliance requirements. It is critical for all businesses (Private Limited Company, Public Limited Company, Limited Liability Partnership, Partnership, or Sole Proprietorship Firm) to keep track of various compliance Due dates that fall in each month of the year, such as Income Tax Return Filing, GST Return Filing, ROC Compliance Due dates, and so on.

It is important for Startups & businesses to stay compliant with various compliance during the month.

Please refer to various due dates for the month of March 2023

07th March

• ‍‍Due Date for Payment of TDS for the month of February 2023‍

10th March‍

• Due Date for filling GSTR 7 & GSTR 8 for the month of February 2023

‍11th March

• GSTR 1 for February 2023 - Taxpayers having an aggregate turnover of more than Rs.5 Crores or opted to file Monthly Return

‍13th March

• GSTR 1 IFF (Optional) (February 2023) for QRMP
• GSTR 6 for the month of February 2023 for ISD (Input Service Distributor)

15th March

• Payment of PF & ESIC for the month of February 2023
• Fourth instalment of advance tax (100%) for the assessment year 2023-24​
• Due date for payment of whole amount of advance tax in respect of assessment year 2023-24 for assessee covered under presumptive scheme of section 44AD/44ADA​

20th March

• GSTR 3B for the month of February- 2023 for a taxpayer other than QRMP taxpayers
• Filing GSTR 5 & 5A for February 2023

25th March

• ‍‍Due date for payment of GST under QRMP scheme

‍30th March

• Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA in the month of February 2023
• Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IB in the month of February 2023‍‍

‍31st March

• PT Return for the month of February 2023 (Monthly Filer)
• Due Date for Annual PT Return (FY2022-23)

The month of March 2023 is crucial for the due dates for various compliances under the Goods and Service Act, Income Tax Act, Companies Act, and LLP Act.

Filing the above-mentioned forms on or before the due dates will save the Taxpayers from hefty penalties.

Do contact J&S Team in case you would require any clarification on the same.

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