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January-2014 and Important Dates for Income Tax and more etc.

8:30 AM  Dharmen  

January-2014 & Important Dates

Just now start New Year 2014 and first month is January and in the month of January-2014 there are so many very important dates for Income Tax, Service Tax, Central Excise Duties, E.P.F. and E.S.I. etc.  As per Act, 2013 there are some major changes has been done by Income Tax Department, Service Tax Department etc.

  1. New TDS FVU utility ver. 4.00 w.e.f. 01.10.2013
  2. Interest on late filing of TDS Return can be 3% for only one day delay in some cases.
  3. The new rate of interest of 18% will be applicable from 1st April, 2011 on Service Tax.
  4. Penalty on late filing of service Tax return

Period of Delay
Penalty/late fee before finance ACT 2011
Penalty/late fee After finance ACT 2011
for delay up to 15 days
INR 500
INR 500
for delay beyond 15 days but up to 30 days
INR 1,000
INR 1,000
for delay beyond 30 days
INR 1,000 + INR 100 per day (from 31st day subject to a maximum amount of Rs 2000.
INR 1,000 + INR 100 per day (from 31st day subject to a maximum amount of Rs 20000.

Due Date for January, 2014

Date
Particulars
Income Tax
7-Jan-14
15-Jan-14

30-Jan-14

  • E-payment of TDS & TCS, for the month of December, 2013.
  • Filing of Form 24Q, 26Q, 27Q and 27EQ for the 2nd quarter ending December 2013.
  • Issue Form 16A for 3rd quarter ending 31st  December 2013
Service Tax
5-Jan-14
6-Jan-14

6-Jan-14


  • Payment of Service Tax other than by way of e-payment.
  • E-payment of Service Tax for the month of December 2013. (in case of persons other than individual, proprietor & partnership firms)
  • E-payment of Service Tax for the quarter ending December 2013in case of individual, proprietor &partnership firm.
Central Excise Duty
6-Jan-14
10-Jan-14

  • E-payment of Excise Duty for the month of December 2013
  • Filing of Excise Return for the month/quarter ending on 31st December 2013
Employees’ Provident Fund
15-Jan-14


  • Deposit of EPF Contributions and Collections for the month of December 2013 with ECR
ESI
21-Jan-14

  • Deposit of ESI Contributions and Collections for the month of December 2013.

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