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A comprehensive overview of all crucial income tax, TDS, advance tax, and compliance due dates for March 2026 to help taxpayers and businesses avoid penalties and stay fully compliant.

March 2026 Compliance Calendar: Key Income Tax, TDS and Advance Tax Due Dates You Can’t Afford to Miss

Judgement

Mandatory Limitation Periods Under Section 153 Must Be Strictly Followed by Revenue

ITAT Quashes Assessment Order for Exceeding Statutory Deadline

Section 151 Approval Without Independent Application of Mind Renders Reassessment Void

ITAT Quashes Reassessment for Mechanical Approval Under Section 151

Only period falling within limitation window can be excluded; assessment beyond extended date held invalid

ITAT: Assessment Beyond Excludable Period Under Section 153 Held Time-Barred

The court directed the income tax department to issue a fresh certificate with a reduced withholding rate of 2% for Assessment Year 2026-27. The new certificate must be issued within 10 days.

Delhi Court Directs Income Tax Department to Issue Fresh Tax Withholding Certificate at 2% Instead of 10%

The Supreme Court held that TCS under Section 206C(1C) of the Income Tax Act is not applicable on compounding fees collected from persons involved in illegal mining activities.

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March 2026 Compliance Calendar: Key Income Tax, TDS and Advance Tax Due Dates You Can’t Afford to Miss

ITAT Quashes Assessment Order for Exceeding Statutory Deadline

ITAT Quashes Reassessment for Mechanical Approval Under Section 151

ITAT: Assessment Beyond Excludable Period Under Section 153 Held Time-Barred

Delhi Court Directs Income Tax Department to Issue Fresh Tax Withholding Certificate at 2% Instead of 10%

Supreme Court Upholds Chhattisgarh HC Ruling: No TCS on Compounding Fees from Illegal Mining Activities