Tuesday 28 August 2012

Important Due Dates for F.Y.2012-13

DUE DATES    PARTICULARS PERIOD Form / Challan Number
7-Apr-12 Submission of 15G/15H 2011-12 15G/15H
15-Apr-12 Intimation of Change of Period 2012-13 DVAT - 55
25-Apr-12 VAT  - Monthly  payment March  DVAT - 20
25-Apr-12 CST Payment - Monthly payment March  CHALLAN
25-Apr-12 service tax Return Oct 11- Mar 12 ST - 3
25-Apr-12 DVAT Return (Electronically QTLY & Monthly) January - March / March DVAT - 16
25-Apr-12 CST Return (Electronically QTLY & Monthly) January - March/ March FORM 1
28-Apr-12 DVAT Return Hard Copy (In case of QTR & Month) January - March / March DVAT - 16
28-Apr-12 CST Return Hard Copy (In case of QTR & Month) January - March/ March FORM 1
30-Apr-12 TDS payment  Mar-12 Challan no. 281
5-May-12 ST  - Monthly payment Apr-12 Challan no. TR - 6
7-May-12 TDS payment Apr-12 Challan no. 281
12-May-12 DVAT Return (Electronically Half Yearly) Oct 11- Mar 12 DVAT - 16
12-May-12 CST Return (Electronically Half Yearly) Oct 11- Mar 12 FORM 1
15-May-12 DVAT Return  (In case of H/Yearly) Oct 11- Mar 12 DVAT - 16
15-May-12 CST Return (In case of H/Yearly) Oct 11- Mar 12 FORM 1
15-May-12 TDS Return - Quarterly January - March 2012 Form 24Q/26Q/27EQ
25-May-12 Service tax Return for Company Assesess having tax liability over Rs. 25 Lacs in Previous Year April ST-3
25-May-12 VAT  - Monthly  payment April DVAT - 20
25-May-12 CST Payment - Monthly April Challan
25-May-12 DVAT Return - Monthly (Electronically) April DVAT - 16
25-May-12 CST Return - Monthly  (Electronically) April FORM 1
28-May-12 DVAT Return Hard Copy (In case of Monthly) April DVAT - 16
28-May-12 CST Return Hard Copy  (In case of Monthly) April FORM 1
30-May-12 TDS Certificates Jan - Mar 12 Form 16/ 16A
5-Jun-12 Service Tax payment - Monthly Cases May Challan no. TR - 6
7-Jun-12 TDS payment May Challan no. 281
12-Jun-12 DVAT Return (Electronically  Yearly) FY 2011-12 DVAT - 16
12-Jun-12 CST Return (Electronically Yearly) FY 2011-12 FORM 1
14-Jun-12 DVAT Return Hard Copy (In case of Yearly) FY 2011-12 DVAT - 16
14-Jun-12 CST Return Hard Copy  (In case of Yearly) FY 2011-12 FORM 1
15-Jun-12 Advance Tax - Companies Fin. Yr.: 2012 - 13 Challan no. 280
25-Jun-12 Service tax Return for Company Assesess having tax liability over Rs. 25 Lacs in Previous Year May ST-3
25-Jun-12 VAT payment - Monthly   May DVAT - 20
25-Jun-12 CST Payment - Monthly May Challan
25-Jun-12 DVAT Return - Monthly (Electronically) May DVAT - 16
25-Jun-12 CST Return - Monthly  (Electronically) May FORM 1
28-Jun-12 DVAT Return Hard Copy (In case of Monthly) May DVAT - 16
28-Jun-12 CST Return Hard Copy (In case of Monthly) May FORM 1
30-Jun-12 C Form/ F Form/ H form Jan - Mar 12 DVAT - 51
5-Jul-12 ST - Monthly & Quarterly Cases payment June, April - June Challan no. TR - 6
7-Jul-12 TDS payment June Challan no. 281
15-Jul-12 TDS Return - Quarterly April - June 2012 Form 24Q/26Q/27EQ
25-Jul-12 Service tax Return -Monthly & Quarterly Cases June, April - June ST-3
25-Jul-12 VAT payment - Monthly & Quarterly Cases June, April - June DVAT - 20
25-Jul-12 VAT RETURN Electronically - Monthly & Quarterly Returns June, April - June DVAT - 16
25-Jul-12 CST Payment - Monthly & Quarterly June, April - June Challan
25-Jul-12 CST RETURN Electronically - Monthly & Quarterly Returns  June, April - June Form 1
28-Jul-12 DVAT Return Hard Copy (In case of QTR & Month) June, April - June DVAT - 16
28-Jul-12 CST Return Hard Copy (In case of QTR & Month) June, April - June Form 1
31-Jul-12 Income Tax returns of all assessees other than auditable cases Fin. Yr. 2011-12 ITR 1,2,3,4,5
30-Jul-12 TDS Certificates Apr - Jun 2012 Form 16/ 16A
5-Aug-12 Service Tax payment - Monthly Cases July Challan no. TR - 6
7-Aug-12 TDS payment July Challan no. 281
25-Aug-12 Service tax Return for Company Assesess having tax liability over Rs. 25 Lacs in Previous Year July ST-3
25-Aug-12 VAT payment - Monthly   July DVAT - 20
25-Aug-12 CST Payment - Monthly July Challan
25-Aug-12 VAT - Monthly Return (Electronically) July DVAT - 16
25-Aug-12 CST - Monthly Return (Electronically) July Form 1
25-Aug-12 DVAT Return Hard Copy (In case of Monthly) July DVAT - 16
25-Aug-12 CST Return Hard Copy (In case of Monthly) July Form 1
5-Sep-12 Service Tax payment - Monthly Cases August Challan no. TR - 6
7-Sep-12 TDS payment August Challan no. 281
15-Sep-12 Advance Income Tax payment - All Assessees Fin. Yr.: 2012-13 Challan no. 280
25-Sep-12 Service tax Return for Company Assesess having tax liability over Rs. 25 Lacs in Previous Year August ST-3
25-Sep-12 VAT payment - Monthly   August DVAT - 20
25-Sep-12 CST Payment - Monthly August Challan
25-Sep-12 VAT - Monthly Return (Electronically) August DVAT - 16
25-Sep-12 CST - Monthly Return (Electronically) August Form 1
28-Sep-12 DVAT Return Hard Copy (In case of Monthly) August
DVAT - 16
28-Sep-12 CST Return Hard Copy (In case of Monthly) August Form 1
30-Sep-12 Income Tax and Wealth Tax Return for Companies & Auditable Cases Fin. Yr. 2011-12 ITR 3,4,5,6
30-Sep-12 Cases of Audit u/s 44AB & Working partners of the firm Fin. Yr. 2011-12 For Wealth-tax:- Form no. BA
30-Sep-12 Obtaining Tax Audit Report U/s. 44AB of I-Tax Act Fin. Yr. 2011-12 Form 3CA / 3CB & 3CD
30-Sep-12 Income Tax Return of Public Religious/Charitable Trust Fin. Yr. 2011-12 ITR 7
30-Sep-12 C Form/ F Form/ H form up to Jun 12 DVAT - 51
5-Oct-12 Service Tax payment - Monthly & Quarterly Cases September, July - Sept. Challan no. TR - 6
7-Oct-12 TDS payment September Challan no. 281
15-Oct-12 TDS Return - Quarterly July - September 2012 Form 24Q/26Q/27EQ
25-Oct-12 Service tax Return -Monthly & Quarterly Cases September, July - Sept. ST-3
25-Oct-12 VAT payment - Monthly & Quarterly Cases September, July - Sept. DVAT - 20
25-Oct-12 CST Payment - Monthly & Quarterly Cases September, July - Sept. Challan
25-Oct-12 VAT - Monthly & Quarterly Returns (Electronically) September, July - Sept. DVAT - 16
25-Oct-12 CST - Monthly Return & Quarterly Returns (Electronically) September, July - Sept. Form 1
28-Oct-12 DVAT Return Hard Copy (In case of QTR & Month) September, July - Sept. DVAT - 16
28-Oct-12 CST Return Hard Copy (In case of QTR & Month) September, July - Sept. Form 1
30-Oct-12 TDS Certificates Jul - Sep 2012 Form 16/ 16A
5-Nov-12 Service Tax payment - Monthly Cases October Challan no. TR - 6
7-Nov-12 TDS payment October Challan no. 281
12-Nov-12 DVAT Return (Electronically Half Yearly) Upto 30/09/2012 DVAT - 16
12-Nov-12 CST Return (Electronically Half Yearly) Upto 30/09/2012 FORM 1
14-Nov-12 DVAT Return (Hard copy H/Yearly) Upto 30/09/2012 DVAT - 16
14-Nov-12 CST Return(Hard Copy H/Yearly) Upto 30/09/2012 Form 1
25-Nov-12 Service tax Return for Company Assesess having tax liability over Rs. 25 Lacs in Previous Year October ST-3
25-Nov-12 VAT payment - Monthly   October DVAT - 20
25-Nov-12 CST Payment - Monthly October Challan
25-Nov-12 VAT - Monthly Return (Electronically) October DVAT - 16
25-Nov-12 CST - Monthly Return (Electronically) October Form 1
28-Nov-12 DVAT Return Hard Copy (In case of Monthly) October DVAT - 16
28-Nov-12 CST Return Hard Copy (In case of Monthly) October Form 1
30-Nov-12 Income Tax return by Corporate Assessees, who have undertaken International Trasactions Fin. Yr. 2011-12 ITR 6
5-Dec-12 Service Tax payment - Monthly Cases November Challan no. TR - 6
7-Dec-12 TDS payment November Challan no. 281
15-Dec-12 Advance Income Tax payment - All Assessees Fin. Yr.: 2012-13 Challan no. 280
25-Dec-12 Service tax Return for Company Assesess having tax liability over Rs. 25 Lacs in Previous Year November ST-3
25-Dec-12 VAT payment - Monthly   November DVAT - 20
25-Dec-12 CST Payment - Monthly November Challan
25-Dec-12 VAT - Monthly Return (Electronically) November DVAT - 16
25-Dec-12 CST - Monthly Return (Electronically) November Form 1
28-Dec-12 DVAT Return Hard Copy (In case of Monthly) November DVAT - 16
28-Dec-12 CST Return Hard Copy (In case of Monthly) November Form 1
31-Dec-12 C Form/ F Form/ H form up to Sep 12 DVAT - 51
5-Jan-13 Service Tax payment - Monthly & Quarterly Cases December, Oct. - Dec. Challan no. TR - 6
7-Jan-13 TDS payment December Challan no. 281
15-Jan-13 TDS Return - Quarterly Oct. - Dec. 2012 Form 24Q/26Q/27EQ
25-Jan-13 Service tax Return -Monthly & Quarterly Cases December, Oct. - Dec. ST-3
25-Jan-13 VAT payment - Monthly & Quarterly Cases December, Oct. - Dec. DVAT - 20
25-Jan-13 CST Payment - Monthly & Quarterly Cases December, Oct. - Dec. Challan
25-Jan-13 VAT - Monthly & Quarterly Returns  (Electronically) December, Oct. - Dec. DVAT - 16
25-Jan-13 CST - Monthly & Quarterly Returns (Electronically) December, Oct. - Dec. Form 1
28-Jan-13 Audit report submit in VAT Department in case turnover exceeds Rs 40.00 Lakhs Fin. Yr.: 2011-12 Tax Audit Report
28-Jan-13 DVAT Return Hard Copy (In case of QTR & Month) December, Oct. - Dec. DVAT - 16
28-Jan-13 CST Return Hard Copy (In case of QTR & Month) December, Oct. - Dec. Form 1
30-Jan-13 TDS Certificates Oct - Dec 12 Form 16/ 16A
5-Feb-13 Service Tax payment - Monthly Cases January Challan no. TR - 6
7-Feb-13 TDS payment January Challan no. 281
25-Feb-13 Service tax Return for Company Assesess having tax liability over Rs. 25 Lacs in Previous Year January ST-3
25-Feb-13 VAT payment - Monthly   January DVAT - 20
25-Feb-13 CST Payment - Monthly January Challan
25-Feb-13 VAT - Monthly Return (Electronically) January DVAT - 16
25-Feb-13 CST - Monthly Return (Electronically) January Form 1
28-Feb-13 DVAT Return Hard Copy (In case of Monthly) January DVAT - 16
28-Feb-13 CST Return Hard Copy (In case of Monthly) January Form 1
5-Mar-13 Service Tax payment - Monthly Cases February Challan no. TR - 6
7-Mar-13 TDS payment February Challan no. 281
15-Mar-13 Advance Income Tax payment - All Assessees Fin. Yr.: 2012-13 Challan no. 280
25-Mar-13 Service tax Return for Company Assesess having tax liability over Rs. 25 Lacs in Previous Year February ST-3
25-Mar-13 VAT payment - Monthly   February DVAT - 20
25-Mar-13 CST Payment - Monthly February Challan
25-Mar-13 VAT - Monthly Return (Electronically) February DVAT - 16
25-Mar-13 CST - Monthly Return (Electronically) February Form 1
28-Mar-13 DVAT Return Hard Copy (In case of Monthly) February DVAT - 16
28-Mar-13 CST Return Hard Copy (In case of Monthly) February Form 1
31-Mar-13 Service Tax payment - Monthly & Quarterly Cases March, Jan. - March Challan no. TR - 6
31-Mar-13 Income Tax Returns of All assessees who have not filed yet Fin. Yr.: 2011-12 ITR 1,2,3,4,5,6,7,8




Note: 1)  Please note that the details for submission of returns and other details should be submitted  at least one week before the

specified due dates noted in this chart.


2)  Please confirm the due dates and Forms nos. for changes, if any, to avoid confusion.

3]  Please note that Service Tax Returns will be filed on monthly/Quarterly basis from the next year as the case may be.




Notes 1. If event had already occured. when event had been occured it will give messsage automatically

2. If It is event date than it will turn in to Red colour


3. If there is only 15 days remaining to date it will change its colour

Monday 27 August 2012

Letter to ITO for Correction in TDS challan Later

Date: 02/07/2012 To,
The ITO (TDS) -1, Room No. 505,
AAykar Bhavan,
Race course Ring Road,
Rajkot -360001
Sub: Request for rectification of Section in TDS Challan 
Sir,

This is to inform you that we had deposited TDS of 242,353/-(Two Lakh forty two thousand three hundred fifty three only) under Section 194A pertaining to the month of March 2012 but at the time of Online payment of the said amount the section was wrongly selected as Section 192A instead of Section 194A. We therefore request you to kindly make the necessary correction in your records. We are also enclosing a photocopy of the said challan. We regret for our inadvertent mistake.

Thanking faithfully, For, xyz.ltd (abc) DIRECTOR

Which Payment will be Liable to TDS?

Nature of payment/expenses where TDS will be applicable with section and provisions
 Common Heads where TDS Rates May Applied
Nature of Expenses Sections Applicable Covered Area in Sec Provisions in Respect of TDS
AUDIT FEES 194J Accountancy Prof (includes Audit) TDS Rate @ 10% if Amount Exceeds Rs 30000
BUSINESS PROMOTION No TDS Attract subj to No TDS Attract subj to Expenses not incurred as per agreement or paid for promoting business can't claim TDS Deduction 
CONSULTANCY EXP. 194J Consultancy Services TDS Rate @ 10% if Amount Exceeds Rs 30000
LEGAL & PROFESSIONAL EXPENSES 194J Proff Services include any Legal Ser TDS Rate @ 10% if Amount Exceeds Rs 30000
MEMBERSHIP & SUBSCRIPTION EXP. No TDS Attract subj to No TDS Attract subj to TDS Shall Attract if Subscription or membership relates to private institution to provide any technical help (which are not  any Charity Trust , Govt Body or social body)
PROFESSIONAL EXP 194J Professional Servises TDS Rate @ 10% if Amount Exceeds Rs 30000
PUBLIC RELATION EXP. 194J Technical Services Require Humman Effort TDS Rate @ 10% if Amount Exceeds Rs 30000
RECRUITMENT EXPENSES 194C Contract can entered for any business services including Recritment IND/HUF - 1 %; OTHERS 2% on single pay exceeding Rs 30000. Also shall attract TDS if agg pay exceeds Rs 75000 during the FY
RETAINERSHIP FEES 194J Professional Servises TDS Rate @ 10% if Amount Exceeds Rs 30000
TRAINING AND WORKSHOP 194J By sepcify in notication no 88/2008 by Govt professional services is now extended to Traneers also TDS Rate @ 10% if Amount Exceeds Rs 30000
TRAINING EXPENSES 194J By sepcify in notication no 88/2008 by Govt professional services is now extended to Traneers also TDS Rate @ 10% if Amount Exceeds Rs 30000
TRANSLATION EXPENSES 194J Professional or techical service, because this work is required knowledge, professional skill for translating the language TDS Rate @ 10% if Amount Exceeds Rs 30000
EQUIPMENT HIRING CHARGES 194I Plant & Machinery on Rent TDS Rate @ 2% if Amount Exceeds Rs 180000 during the FY
LEASE RENT CHARGES 194I Land , Building , Furniture & Fitting TDS Rate @ 10% if Amount Exceeds Rs 180000 during the FY
RENT 194I Land , Building , Furniture & Fitting TDS Rate @ 10% if Amount Exceeds Rs 180000 during the FY
BROKRAGE & COMMISSION 194H Commission other than Comm from Insurance Company TDS Rate @ 10% if Amount Exceeds Rs 5000
ADVERTISEMENT EXPENSES 194C Definition of "work" includes advertisement, Bradcasting & Telecasting IND/HUF - 1 %; OTHERS 2% on single pay exceeding Rs 30000. Also shall attract TDS if agg pay exceeds Rs 75000 during the FY
ANNUAL MAINTANANCE CHARGE 194C Contract can entered for any business services including AMC IND/HUF - 1 %; OTHERS 2% on single pay exceeding Rs 30000. Also shall attract TDS if agg pay exceeds Rs 75000 during the FY
C&F & OTHER CHARGES 194C Definition of "work" includes Carriage of Goods IND/HUF - 1 %; OTHERS 2% on single pay exceeding Rs 30000. Also shall attract TDS if agg pay exceeds Rs 75000 during the FY
CONVEYANCE EXPENSES 194C
FREIGHT & CARTAGE - INWARDS 194C Definition of "work" includes Carriage of Goods IND/HUF - 1 %; OTHERS 2% on single pay exceeding Rs 30000. Also shall attract TDS if agg pay exceeds Rs 75000 during the FY
GENSET EXPENSES No TDS Attract  No TDS Attract  No TDS Attract 
HIRING CHARGES 194C Contract can entered for any business services including Hiring Chgs IND/HUF - 1 %; OTHERS 2% on single pay exceeding Rs 30000. Also shall attract TDS if agg pay exceeds Rs 75000 during the FY

TDS Amendments w.e.f. 1-7-2012



After section 234D of the Income-tax Act, the following sub-heading and section shall be inserted with effect from the 1st day of July, 2012, namely :—
"G.—Levy of fee in certain cases
234E. Fee for defaults in furnishing statements.—(1) Without prejudice to the provisions of the Act, where a person fails to deliver or cause to be delivered a statement within the time prescribed in sub-section (3) of section 200 or the proviso to sub-section (3) of section 206C, he shall be liable to pay, by way of fee, a sum of two hundred rupees for every day during which the failure continues.
(2) The amount of fee referred to in sub-section (1) shall not exceed the amount of tax deductible or collectible, as the case may be.
(3) The amount of fee referred to in sub-section (1) shall be paid before delivering or causing to be delivered a statement in accordance with sub-section (3) of section 200 or the proviso to sub-section (3) of section 206C.
(4) The provisions of this section shall apply to a statement referred to in sub-section (3) of section 200 or the proviso to sub-section (3) of section 206C which is to be delivered or caused to be delivered for tax deducted at source or tax collected at source, as the case may be, on or after the 1st day of July, 2012.".
Clause 86 of the Bill seeks to insert a new sub-heading "G.—Levy of fee in certain cases" and a new section 234E in the Income-tax Act relating to fee for defaults in furnishing statements.

It is proposed to insert a new section 243E so as to provide that—

(1) Without prejudice to the provisions of the Act, where a person fails to deliver or cause to be delivered a statement within the time prescribed in sub-section (3) of section 200 or the proviso to sub-section (3) of section 206C, he shall be liable to pay, by way of fee, a sum of two hundred rupees for every day during which the failure continues.

(2) The amount of fee referred to in sub-section (1) shall not exceed the amount of tax deductible or collectible, as the case may be.

(3) The amount of fee referred to in sub-section (1) shall be paid before delivering or causing to be delivered a statement in accordance with sub-section (3) of section 200 or the proviso to sub-section (3) of section 206C.

(4) The provisions of this section shall apply to a statement referred to in sub-section (3) of section 200 or the proviso to sub-section (3) of section 206C which is to be delivered or caused to be delivered for tax deducted at source or tax collected at source, as the case may be, on or after the 1st day of July, 2012.

This amendment will take effect from 1st July, 2012.