Master Compliance Calendar

A Tax Compliance Calendar is a comprehensive schedule that outlines all the crucial statutory due dates throughout the financial year. It tracks the deadlines for Income Tax, GST, TDS/TCS, and Registrar of Companies (ROC) filings so businesses can plan their financial operations accordingly.

Strict adherence to a compliance calendar ensures your business stays legally compliant and avoids severe penalties. Missing deadlines can lead to heavy late fees, penal interest on tax dues, and statutory notices from the Income Tax or GST departments.

A master compliance calendar covers both direct and indirect taxes. This typically includes Income Tax Returns (ITR), Advance Tax instalments, monthly/quarterly GST Returns (like GSTR-1 and GSTR-3B), TDS return filings, and annual ROC compliances.

Yes, but the specific dates can vary. Private Limited Companies, LLPs, Partnership Firms, and Sole Proprietorships all have mandatory deadlines. However, the exact due date for an Income Tax Return or a GST filing may differ depending on the entity type and whether a tax audit is required.

While generally consistent (such as the 11th for GSTR-1 and the 20th for GSTR-3B for regular taxpayers), dates can vary. Your specific deadline depends on your aggregate turnover and whether your business has opted into the QRMP (Quarterly Return Filing and Monthly Payment of Taxes) scheme.

Missing a statutory deadline results in immediate late filing fees and interest levied on the outstanding tax amount. In severe cases of continued non-compliance, it can lead to the suspension or cancellation of your GST registration and blocking of e-way bills.

For most corporate and individual taxpayers, Advance Tax must be paid in four installments during the financial year: 15th June (15%), 15th September (45%), 15th December (75%), and 15th March (100%). Tracking these on the calendar prevents interest penalties under sections 234B and 234C.

Yes, the Ministry of Finance, CBDT, or CBIC occasionally extend filing deadlines due to portal glitches, economic circumstances, or natural disruptions. We constantly monitor these updates so our clients are always operating with the most current information.

An accounting calendar is used internally by your management to close the books and generate monthly or quarterly financial statements. A tax compliance calendar is strictly focused on the external, government-mandated deadlines for filing statutory returns and paying taxes.

Managing multiple deadlines across different tax regimes can be overwhelming. Professional CA-led support provides proactive tracking, timely reminders, and multi-level verification of your returns. This ensures that your filings are not just on time, but structurally and legally accurate.