We are just three weeks away from the end of the financial year 2020-21, and there are still a few tasks to be undertaken by taxpayers before the all-important March 31 deadline. It’s that time of the year when many opt for tax-saving investments in case they haven’t done it already during the year. But there's more expected of a taxpayer.

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For instance, paying off any government liability on or before the deadline could save you a lot of hassle as well as late-payment penalty and fines.

Here's a list of tasks one needs to finish before the March 31 deadline:

Filing belated and revised return

Since March 31 also marks the end of the assessment year, it’s the last date to file the revised or belated return for the financial year 19-20. Any ITR filing after the deadline is referred to as a belated return. If a taxpayer has already filed the ITR but wishes to make changes, s/he can opt for a revised return, the deadline for which is March 31.

Advance Tax

Under the Income Tax Law of India, a person — except for senior citizens without any professional income — with a tax liability of over Rs 10,000 is liable to pay advance tax. Such a taxpayer is liable to pay advance tax in four instalments -- before July 15, September 15, December 15 and March 15. According to a report on TimesNow, if the advance tax is not paid on or before the deadline, the taxpayer is charged 1 percent interest per month for deferment in instalment and 1 percent interest per month if only 90 percent of the total amount is paid before the end of the FY.

Linking Aadhar and PAN

The deadline for linking your PAN card with Aadhar is also March 31. The PAN car may become defunct if it isn't linked with Aadhar before the deadline.

Vivad Se Vishwas

The last date to make a declaration under the Centre's Vivad se Vishwas scheme has also been extended to March 31, 2021. The Central Board of Direct Taxes notified that the date for payment of tax without additional interest under the aforementioned scheme remains April 30, 2021. The Direct Tax 'Vivad se Vishwas' Act, 2020, came into force on March 17, 2020. The objective of the scheme is to reduce pending income tax litigation, generate timely revenue for the government and to benefit taxpayers.