Income Tax Compliance Calendar for the month of March 2023

Complying with tax-related compliance proposed by the Indian government is mandatory for taxpayers in India. Non-compliance with due dates of income tax-related rules may result in imposing of heavy penalties by the government for taxpayers in India. Given below are all the Income Tax related compliances for March 2023. This article will aid in providing information of all the required compliances, thus making your life a little bit easier this year. Below are the due dates of Income Tax for March 2023

Due date	Compliance	Description
2^th March 2023	Submission of Form 26QB	Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA in the month of January, 2023
2^thMarch 2023	Submission of Form 26QC	Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IB in the month of January, 2023
2^thMarch 2023	Submission of Form 26QD	Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194M in the month of January, 2023
7^th March 2023	TDS Deposit	Due date for deposit of Tax deducted/collected for the month of February, 2023. 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
15^thMarch 2023	Advance Tax	Fourth instalment of advance tax for the assessment year 2023-24
15^thMarch 2023	Advance Tax presumptive scheme	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
17^thMarch 2023	Section 194IA	Due date for issue of TDS Certificate for tax deducted under section 194-IA in the month of January, 2023
17^thMarch 2023	Section 194IB	Due date for issue of TDS Certificate for tax deducted under section 194-IB in the month of January, 2023
17^thMarch 2023	Section 194M	Due date for issue of TDS Certificate for tax deducted under section 194M in the month of January, 2023
30^thMarch 2023	Section 194IA	Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA in the month of February, 2023
30^thMarch 2023	Section 194IB	Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IB in the month of February, 2023
30^thMarch 2023	Section 194IB	Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194M in the month of February, 2023