“Addiction to knowledge is like any other addiction. It offers an escape from the fear of emptiness, of loneliness, of frustration, the fear of being nothing.”
— Krishnamurti
Statutory and Tax Compliance Calendar for month of March 2025
This article compiles due-dates for GST, Income Tax, ESI, PF Acts, and Companies Act compliances with a primary focus on Individuals, Professionals, and SME Businesses.
These due-dates are subject to extensions based on stakeholder representations and circumstances. We will notify you as soon as any due-dates are extended.
In accordance with applicable laws and regulations, colour coding is employed for better understanding.
Total days – 31
No. of due dates- 13
Public Holiday/Festivals- 3
News and Updates
- GSTN issued Updated Advisory: Phase-3 of reporting of HSN codes in Table 12 of GSTR-1 & 1A is being implemented from February 2025 return period. In this phase manual entry of HSN has been replaced by choosing correct HSN from given Drop down. Also, Table-12 has been bifurcated into two tabs namely B2B and B2C, to report these supplies separately. Further, validation regarding values of the supplies and tax amounts involved in the same, have also been introduced for both the tabs of Table-12. However in initial period these validations have been kept in warning mode only, which means failing the validation will not be a blocker for filling of GSTR-1& 1A.
- Section 128A-GST Amnesty Scheme for FY 17-18, FY 18-19 & FY 19-20: Waiver of Interest and Penalty if full tax amount paid on/before 31 March 2025 in case of Notice/order u/s 73. But, in case of revised order passed u/s 73 based on direction of appellate authority against order u/s 74, then entire tax amount needs to be paid on/before 6 months from date of issuance of revised order u/s 73.
- CBIC waived late fees for FORM GSTR-9 for FY 2017-18 to FY 2022-23 in respect of those dealers who were required to file GSTR-9C along with GSTR-9. Last date to avail waiver is 31″ March 2025.
- LUT: The functionality to file LUT (Letter of Undertaking) for FY 2025-26 is now available on GST Portal.
TDS : Starting from 1st April 2025, a significant change is introduced regarding the filing of TDS Correction statements. TDS Correction statements can now only be filed within 6 years from the end of the relevant financial year. For financial years up to 2018-19, the last date to file corrections is 31st March 2025
This calendar is prepared for the benefits of clients and well-wishers of M/s Kanhaiya Gautam and Associates, Chartered Accountants. This should not be used as substitute for professional advice. Best efforts are placed to compile these due dates, still we would appreciate if you draw our attention to any inaccuracy.
