Compliance Calendar for the month of March’2020
| Due Date | Statute/Law | Detailed Description of Compliance | Reporting period | Forms / returns | Applicable to |
| 1st March | Companies Act | File Annual return with MCA | FY ending 31st March’19 | MGT-7 | Companies closing their first FY on 31st March’19 |
| 7th Mar 2020 | Income Tax Act | Deposit of Tax Deducted/Collected (TDS/TCS) | Feb-20 | Challan 281 | Non-Government deductors/Collector |
| 7th Mar 2020 | FEMA | Reporting of actual transactions of External Commercial Borrowings (ECB) through AD Bank under FEMA | Feb-20 | ECB – 2 | All Categories of ECB |
| 10th Mar 2020 | GST | Return for TDS under GST | Feb-20 | GSTR – 7 | Government Authorities |
| 10th Mar 2020 | GST | Return for Details of Supplies and the amount of tax collector | Feb-20 | GSTR – 8 | E-Commerce Operators |
| 11th Mar | GST | Return for Outward Supplies of Taxable Goods and/or Services | Feb-20 | GSTR – 1 | Taxpayers with Annual Turnover more than 1.5 crores |
| 13th Mar | GST | Return for details of ITC received and distribution | Feb-20 | GSTR – 6 | Input Service Distributors |
| 15th Mar | Income Tax Act | Advance Income Tax – Final Instalment for all Assesses | F.Y. 2019-20 | Challan 280 | Taxpayers liable to pay advance tax |
| 15th Mar | Income Tax Act | Issue of TDS Certificate u/s 194IA and IB | Jan-20 | Form 16B & 16C | All deductors related to Immovable Property Sale & Rent |
| 15th Mar | EPF Act | Deposit of Provident Fund Contributions | Feb-20 | Through EPFO Portal | Entities registered with PF Authorities |
| 15th Mar | ESI Act | Deposit of E.S.I.C Contributions | Feb-20 | Through ESIC Portal | Entities registered with ESIC Authorities |
| 20th Mar | GST | Summary Return of Outward taxable supplies and tax payable | Feb-20 | GSTR – 5 & 5A | Non-Resident Foreign Taxable person & OIDAR |
| 20th Mar | GST | Summary Return of Outward & Inward Supplies along with Tax Payment (taxpayers having an aggregate turnover of more than Rs. 5 Crores in the previous financial year) | Feb-20 | GSTR – 3B | GST Taxpayers |
| 22nd Mar* | GST | In case of Turnover is up to Rs. 5 Crore* | Feb-20 | GSTR -3B | GST Taxpayers |
| 24th Mar* | GST | In case of Turnover is up to Rs. 5 Crore* | Feb-20 | GSTR -3B | GST Taxpayers |
| 25th March | EPF Act | Monthly PF return filing | Feb-20 | Through EPFO Portal | Entities registered with PF Authorities |
| 28th Mar | GST | Return for details of goods and services purchased in India | Feb-20 | GSTR-11 | A taxpayer claiming Refund & having UIN |
| 30th Mar | Income Tax Act | Challan – cum – statement u/s. 194IA and 194IB | Feb-20 | Form 26QB & 26QC | All deductors related to Immovable Property Sale & Rent |
| 31st Mar | Professional Tax | Yearly Return for the financial Year 2019-20 and Monthly payment for Tax less than 50,000/- | F.Y. 2019-20 | Through State-Wise PT Portal | Entities registered with PT Authorities |
| 31st March** | GST | Annual Return for GST | FY 18-19 | GSTR-9 & 9C | GST Taxpayers |
| 31st March | Income Tac Act | Due date to link PAN with Aadhar | NA | NA | Everyone |
*NOTE: In case of Turnover is up to Rs. 5 Crore, State-wise due dates are as below: –
22nd March – Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana or Andhra Pradesh or the Union territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman, and Nicobar Islands and Lakshadweep
24th March Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand or Odisha or the Union territories of Jammu and Kashmir, Ladakh, Chandigarh and Delhi
**NOTE: GSTR-9 due date is likely to be extended though no notification yet
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Finhanceologist is a concept of curing Financial ailments of the business. We are finance professionals with wide and deep knowledge of all financial procedures and related business impacts. Finhanceologist does not act just as an outsourced service provider but as an active business partner with an aim of providing total financial freedom to the business. We are not advisors or consultants but act as core team of the business. We provide all kind of CFO services on demand.