Know Income Tax and GST due dates for month of March 2022
Adhering to tax-related compliance proposed by the Indian government is mandatory for taxpayers in India. Non-compliance with due dates of GST return filing as well as income tax-related rules may result in imposing of heavy penalties by the government for taxpayers in India. Given below are all the GST and Income Tax related compliances for March 2022. This article will aid in providing information of all the required forms to be filed, thus making your life a little bit easier this new month.
Income Tax Compliances for February 2022
| Due Date | Particulars |
| 2nd March 2022 | Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA in the month of January, 2022 |
| 2nd March 2022 | Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IB in the month of January, 2022 |
| 2nd March 2022 | Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194M in the month of January, 2022 |
| 7th March 2022 | Due date for deposit of Tax deducted/collected for the month of February, 2022. 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 |
| 15th March2022 | Fourth instalment of advance tax for the assessment year 2022-23 |
| 15th March 2022 | Due date for payment of whole amount of advance tax in respect of assessment year 2022-23 for assessee covered under presumptive scheme of section 44AD / 44ADA |
| 15th March 2022 | Due date for filing of return of income for the assessment year 2021-22 if the assessee (not having any international or specified domestic transaction) is (a) corporate-assessee or (b) non-corporate assessee (whose books of account are required to be audited) or (c) partner of a firm whose accounts are required to be audited or the spouse of such partner if the provisions of section 5A apply The due date for furnishing of return of income for Assessment Year 2021-22 has been extended to February 28, 2022 vide Circular no. 17/2021, dated 09-09-2021 The due date for filing of return of income has been further extended to March 15, 2022 vide Circular No. 01/2022, dated 11-01-2022 |
| 15th March 2022 | Return of income for the assessment year 2021-22 in the case of an assessee if he/it is required to submit a report under section 92E pertaining to international or specified domestic transaction(s) The due date for furnishing of return of income for Assessment Year 2021-22 has been extended to February 28, 2022 vide Circular no. 17/2021, dated 09-09-2021 The due date for filing of return of income has been further extended to March 15, 2022 vide Circular No. 01/2022, dated 11-01-2022 |
| 17th March 2022 | Due date for issue of TDS Certificate for tax deducted under section 194-IA in the month of January, 2022 |
| 17th March 2022 | Due date for issue of TDS Certificate for tax deducted under section 194-IB in the month of January, 2022 |
| 17th March 2022 | Due date for issue of TDS Certificate for tax deducted under section 194M in the month of January, 2022 |
| 30th March 2022 | Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA in the month of February, 2022 |
| 30th March 2022 | Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IB in the month of February, 2022 |
| 30th March 2022 | Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194M in the month of February, 2022 |
| 30th March 2022 | Due date for linking of Aadhaar number with PAN The due date for linking of Aadhaar number with PAN has been extended to March 31, 2022 vide Notification S.O. 3814(E), dated 17-9-2021 |
| 31th March 2022 | Country-By-Country Report in Form No. 3CEAD for the previous year 2020-21 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 |
| 31th March 2022 | Country-By-Country Report in Form No. 3CEAD for a reporting accounting year (assuming reporting accounting year is April 1, 2020 to March 31, 2021) 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 under section 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. |
| 31th March 2022 | Filing of belated/revised return of income for the assessment year 2021-22 for all assessee (provided assessment has not been completed before March 31, 2021) The due date for filing of belated/revised return of income for the assessment year 2021-22 has been extended to March 31, 2022 vide Circular no. 17/2021, dated 09-09-2021 |
| 31th March 2022 | Filing of application in Form 10A for registration/provisional registration/intimation/approval/provisional approval of Trust, institutions or Research Associations, etc. (which was required to be filed on or before 30-06-2021) The due date for filing of application in Form 10A has been extended to March 31, 2022 vide Circular no. 16/2021, dated 29-08-2021\ |
| 31th March 2022 | Filing of application in Form 10AB for conversion of provisional registration into regular registration or renewal of registration/approval after five year of registration/approval of Trust, institution, etc. (which was required to be filed on or before 28-02-2022) The due date for filing of application in Form 10AB has been extended to March 31, 2022 vide Circular no. 16/2021, dated 29-08-2021 |
GST Compliances for March 2022
| Due date | Form to be filed | Brief Description? |
| 10th March 2022 | GSTR 7 | GSTR 7 is a return to be filed by the persons who are required to deduct TDS (Tax deducted at source) under GST |
| 10th March 2022 | GSTR 8 | 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 |
| 11th March 2022 | GSTR 1 | Taxpayers have an aggregate turnover of more than Rs. 5 Crores or opted to file Monthly Return |
| 13th March 2022 | GSTR 1 (IFF) | GST return for the taxpayers who opted for QRMP scheme (Optional) |
| 13th March 2022 | GSTR 6 | Input Service Distributors |
| 20th March 2022 | GSTR 5 & 5A | Non-Resident Taxpayers and ODIAR services provider |
| 20th March 2022 | GSTR 3B | The due date for GSTR-3B having an Annual Turnover of more than 5 Crores |
| 25th March 2022 | GST Challan Paymen | GST Challan Payment if no sufficient ITC for September (for all Quarterly Filers) |
| 31st March 2022 | RFD-11(LUT) | The due date for renewing or taking fresh Letter of Understanding (LUT) for FY 2022-23 |
| 31st March 2022 | CMP-02 | The due date for taxpayer to opt for the Composition Scheme for the upcoming FY 2022-23 |
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