Last Date of 2nd Quarter TDS Return is 31st October, 2017

We all are well known about TDS Quarter Return. Annually 4 Quarters are filed by TDS Deductor i.e. April-June (1st Quarter), July-September (2nd Quarter), October-December (3rd Quarter) and January-March (4th Quarter).  Now, the time is 2nd Quarter filing of return i.e. July-September on or before 31st October because the last date of 2nd Quarter for filing for Fin. Year 2017-18. File on time and avoid unwarranted penalties and default notice.

With the introduction of Section 234E, there is now a provision of stringent penalties for delayed filing of TDS returns.

• Failure to submit e-TDS Statement on time will result in fees on the deductor.
• If you delay or forget to file your e-TDS Statement, fees of Rs. 200 per day will be levied on the deductor, as long as TDS Statement is not filed.
• The levied amount of fee is not supposed to exceed the TDS deductibles.
• Prior to filing of TDS Statement such fee should be paid and it should be reflected in the TDS Statement

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Important Dates in the Month of February-2017 for Income Tax & TDS Purpose.

Today is the first Day of February-2017.  This month is very important for TDS and Income Tax Payee. The following important dates for the month February-2017 :

7 February 2017

Due date for deposit of Tax deducted/collected for the month of January, 2017. However, all sum deducted/collected by an office of the government shall be paid to the credit of the Central Government on the same day where tax is paid without production of an Income-tax Challan.

14 February 2017

Due date for issue of TDS Certificate for tax deducted under section 194-IA in the month of December, 2016

15 February 2017

Due date for furnishing of Form 24G by an office of the Government where TDS for the month of January, 2017 has been paid without the production of a challan

15 February 2017

Quarterly TDS certificate (in respect of tax deducted for payments other than salary) for the quarter ending December 31, 2016.

28 February 2017

​Due date for deposit of Tax collected for the month of March, 2017. However, all sum collected by an office of the government shall be paid to the credit of the Central Government on the same day where tax is paid without production of an Income-tax Challan.​

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All Due Dates in the month of November-2016 for Income Tax & TDS.

Today is start the month of November-2016 of Fin. Year 2016-17.  This month is very important for Income Tax and TDS/TCS.  There are important due dates in Nomber-2016, which are as under:

7 November 2016 

​Due date for deposit of Tax deducted/collected for the month of October, 2016. However, all sum deducted/collected by an office of the government shall be paid to the credit of the Central Government on the same day where tax is paid without production of an Income-tax Challan

7 November 2016 

​​Due date for furnishing of challan-cum-statement in respect of tax deducted under Section 194-IA​ in the month of October, 2016

15 November 2016 ​​

Quarterly TDS certificate (in respect of tax deducted for payments other than salary) by any person for the quarter ending September 30, 2016​​

22 November 2016 

​​Due date for issue of TDS Certificate for tax deducted under  s​ection 194-IA​ in the month of October, 2016

30 November 2016 

​​Annual return of income for the assessment year 2016-17 in the case of an assessee if he/it is required to submit a report under s​ection 92E​ pertaining to international or specified domestic transaction(s)

30 November 2016 

​​Audit report under section 44AB​ for the assessment year 2016-17 in the case of an assessee who is also required to submit a report pertaining to international or specified domestic transactions under section 92E​​

30 November 2016 

​Report to be furnished in Form 3CEB in respect of international transaction and specified domestic transaction

30 November 2016 

Statement of income distribution by Venture Capital Company or venture capital fund in respect of income distributed during 2015-16​​

30 November 2016 

​Statement to be furnished in Form No. 64D by Alternative Investment Fund (AIF) to Principal CIT or CIT in respect of income distributed (during previous year 2015-16) to units holders​​

30 November 2016 

​Due date to exercise option of safe harbour rules for international transaction by furnishing Form 3CEFA

30 November 2016 

​Due date to exercise option of safe harbour rules for specified domestic transaction by furnishing Form 3CEFB

30 November 2016 

​Due date for filing of statement of income distributed by business trust to unit holders during the financial year 2015-16. This statement is required to be filed electronically to Principal CIT or CIT in form No. 64A [As prescribed under Rule 12CA inserted by the Income-tax (First Amendment) Rules, 2015, w.e.f. 19-1-2015.]​

30 November 2016 

​​Due date for deposit of tax deducted at source under ​Section 194-IA for the month of October, 2016​

30 November 2016 

​Due date for e-filing of report (in Form No. 3CEJ) by an eligible investment fund in respect of arm's length price of the remuneration paid to the fund manager.​

30 November 2016 

​​​Application in Form 9A for exercising the option available under Explanation to section 11(1)​ to apply income of previous year in the next year or in future (if the assessee is required to submit return of income on November 30, 2016)​

30 November 2016 

​​​Statement in Form no. 10 to be furnished to accumulate income for future application under section 10(21) or ​11(2) (if the assessee is required to submit return of income on November 30, 2016)​

30 November 2016 

​​​Submit copy of audit of accounts to the Secretary, Department of Scientific and Industrial Research in case company is eligible for weighted deduction under section 35(2AB)​ [if company has any international/specified domestic transaction]​​

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Important Due Dates in the Month of August-2015

Only one day remain to end the month of July-2015 and thus Income Tax, TDS, COT, VAT, Professional Tax, Service Tax, Excise, EPF and ESI departments due dates comes in the month of August-2015, which is as under:

INCOME TAX:

Due date extended for Individual, Business having Income Less than 1 Crore Due date extended from 31st July, 2015 to 31st August, 2015 vide order under section 119.

TDS:

Payment of TDS deducted for the month of July, 2015 for Asstt. Year 2016-17 on or before 07.08.2015 else face the penalty as Interest @ 1.5% per month or part of month from the date of deduction till the date of payment.

COT:

Payment of COT (Monthly) filing of VAT 120 for July, 2015 due date is 15th August, 2015 else Interest charged @1.5% per month or part of the month and Penalty @10% on the Tax Payable.

VAT:

Payment of VAT and filing of VAT 100 for July, 2015 deadline on 20th August, 2015 else Interest charged @1.5% per month or part of the month and Penalty @10% on the Tax Payable.

PROFESSIONAL TAX:

To e-Payment and filing of Form 5A for the month July, 2015 due date is 20.08.2015 and that Interest will be charged @1.5% per month or part of the month, Penalty Rs. 205/-.

SERVICE TAX:

Payments for Companies monthly upto 06.08.2015.

Extent of Delay	Simple Int P.A
Upto 6 Months	18%
6 Months to 1 Year	24%
More Than 1 Year	30%

EXCISE:

E-payment is mandatory for Excise Duty paid grader than 1000000 in Fin. Year 2014-15 as GAR-7 on or before 06.08.2015 and after that-

• Monthly Return for production and removal of goods ER-1
• Monthly Return of Excisable Goods Manufactured & Receipt of Inputs & Capital Goods By EOU, STP,HTP ER-2
• Monthly Return of Information Relating to Principal Inputs by Manufacturer for Specified Duty paid>=Rs.One Crore in 2014-15 PLA/CENVAT/BOTH ER-6 on 10.08.2015.

EPF:

The consolidate statements due and remittance under EPF and EDLI Form 12A and Monthly Returns of Employee joined/left 5/10 on or before 15.08.2015.

ESI:

To deposit ESI due date is 21.08.2015. 

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Due date to filed ITR-V for A.Y. 2013-14 and 2014-15 extend to 31st Oct., 2015

As per Notification No. 2/2015 regarding Electronic Verification Code (EVC) for electronically filed Income Tax Return as an alternative mode of verification released.

The CBDT hereby extends the time limit for submitting ITR-V forms relating to Income Tax Returns filed electronically (without digital signature certificate) for Asstt. Year 2013-14 (filed on or after 1st April, 2014 till 31st March, 2015) and for Asstt. Year 2014-15 (filed on or after 1st April 2014 till 30th June 2015).  These ITR-V forms can now be submitted upto 31st October, 2015 or within a period of 120 Days from the date of uploading of the electronic return data whichever is later.

Download Notification of Extension of time Limit (Click Here)

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Importance of October-2014 for TDS/TCS & others

Due date for deposit of TDS for the period July 2014 to September 2014 when Assessing Officer has permitted quarterly deposit of TDS under Section 192, 194A, 194D or 194H is 7th October, 2014

On 15th October, 2014 is the date for Quarterly statement of TDS/TCS deposited for the quarter ending September 30, 2014 (applicable in all cases of TDS/TCS except when tax is deducted by an office of the Government).

Due date for issue of TDS Certificate for tax deducted under Section 194-IA in the month of September, 2014 is 22nd October, 2014.

Quarterly TDS certificate (in respect of tax deducted for payments other than salary by a person not being an office of the Government) or quarterly TCS certificate (in respect of tax collected by any person) for the quarter ending September 30, 2014 is on 30th October, 2014.

31st October, 2014 is the Annual audited accounts for each approved programmes under section 35(2AA) last date.

​​​Due date for Copies of declaration received in Form No. 60/61 is 31st October,2014 (not being received at the time of opening a bank account) during April 1, 2014 to September 30, 2014 to the concerned Director (Investigation)​

​​​Last date for Quarterly return of non-deduction of tax at source by a banking company from interest on time deposit in respect of the quarter ending September 30, 2014​ and ​Quarterly statement of tax deducted by an office of the Government for the quarter ending September 30, 2014​ is 31st October, 2014.

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Important Dates in the Month of May-2014.

Important dates in the month of May-2014 for TDS/TCS Deposit, Service Tax Payments, DVT/CST challan, manual & online Return, TDS Certificate Issue & TDS Return of 4th Quarter.

All the income tax due dates, last dates, in the month of May-2014. The due dates includes all TDS Returns, TDS Statements, income tax returns, income tax payments & TDS certificates along with form name and period. The assessee can find their obligation toward income tax department through this income tax calendar which is as below:

Month & Date	Last Date for Submission / Payments etc.
May 5	Service Tax Payment Other than Individuals or Partnership Firm
May 7	TDS / TCS Deposit (Collection in the month of April)
May 15	Quarterly statement of TDS / TCS in respect of tax deducted / collected for the quarter ending March 31, 2014. TDS Salary : Form 24Q, TDS other Form 26Q, TDS non-resident : Form 27Q, TCS : Form 27EQ
May 25	DVAT / CST Challan Deposit and Online Return Submit for Monthly Dealers
May 28	DVAT / CST Manual Return submit for Monthly Dealers
May 30	Quarterly TDS Certificate on Form No. 16A ( in respect of tax deducted for payments other than salary ) or quarterly TCS Certificate on Form No. 27D ( in respect of tax collected ) during the quarter ending March 31, 2014. Submission of statement by a non-resident (under section 285) having a liaison office in India for the financial year 2013-14.
May 30	Issue of TDS Certificate
May 31	Annual certificate of tax deducted at source on Form 16 / Form 12BA to employees in respect of salary paid and tax deducted during 2013-14. Return of tax deduction from contributions paid by the trustees of an approved superannuation fund.
May 31	Application for allotment of PAN in Form 49A. Form 49 is Applicable

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Important Dates in November-2013 for ST, Excise, D-VAT, M-VAT, ESI, PF & Income Tax.

With reference to important dates in the month of November-2013, the List of Income Tax, Service Tax, Provident Fund (PF), ESI, Excise, D-Vat and M-Vate are as follows:

05th November, 2013
Payment of Service Tax for October-2013 by Companies - Service Tax
(Challan No. GAR-7)

06th November, 2013
Payment of Service Tax for month ending October-2013 for corporate assesses making E-PAYMENT - Service Tax
(Challan No.GAR-7)

07th November, 2013
Payment of TDS/TCS deducted/collected in October-2013 - Income Tax (TDS)
(Challan No. ITNS-281)

07th November, 2013
Submission of Forms received in October-2013 to IT Commissioner - Income Tax
(Form No. 15G, 15H, 27C)

10th November, 2013
Return for Non SSI assesses for October-2013 - Excise
(FORM: ER-1, ER-2)

10th November, 2013
Return by units paying duty > 1 crore (CENVAT + PLA) for October - 2013 - Excise
(FORM: ER-6)

15th November, 2013
Deposit of DVAT TDS for October-2013 - D-VAT
(FORM: DVAT-20)

15th November, 2013
Quarterly TDS Certificate (in respect of tax deducted for payments other than salary) by a person being an office of the Government for the quarter ending 30th September, 2013
(TDS: Form No. 16A, 27D)

15th November, 2013
E-Payment of PF for Oct (Cheque to be cleared by 20th) - Provident Fund
(Electronic Challan cum Return (ECR))

15th November, 2013
New DVAT Audit Report for FY 2012-13 for Turnover > 10 cr. - D-VAT
(FORM: DVAT-AR1)

21st November, 2013
Payment of ESI of October-2013 - ESI
(ESI Challan)

21st November, 2013
Payment of VAT & WCT TDS under MVAT for October-2013 - M-VAT
(MVAT Challan)

21st November, 2013
Deposit of VAT & CST for October - D-VAT
(DVAT-20 & Central)

21st November, 2013
Submission of MVAT return for October-2013 - DVAT
(Form 231-235 & CST-1)

22nd November, 2013
Issue of DVAT Certificate for deduction made in October-D-VAT
(FORM: DVAT-43)

30th November, 2013
Annual Return by units paying duty more than Rs 1 crore (CENVAT + PLA) - Excise
(FORM: ER-4)

30th November, 2013
MVAT Audit Report for Fin. Year 2012-13. - M-VAT
(Form 704)

30th November, 2013
Annual Return of Income and wealth for the assessment Year 2013-14 in the case of an assessee if he/it is required to submit a report under section 92E pertaining to international transaction(s).
(ITR-4, 5, 6, Wealth: Form BA)

30th November, 2013
Audit report under section 44AB for the assessment year 2013-14 in the case of an assessee who is also requird to submit a report pertaining to international transactions under section 92E.
(Form Nos. 3CA or 3CB and 3CD)

30th November, 2013
Statement of Income Distribution by venture capital company or venture capital fund in respect of income distributed during 2012-13
(Form No. 64)

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e-Filing Due Date extended upto 14.10.2013 from 30.09.13 for Gujrat State.

Income tax Department has extended due date for filing of Income Tax Returns from 30 September, 2013 to 14 October 2013 vide Order No. F.225/117/2013/ITA.II dated 26.09.2013 regarding Tax Audit Report which be filed on or before 30.09.2013 only for the those assessee who are belongs and Assessing from Gujarat State. This order have been issued under section 119 of Income Tax Act on 30.09.2013 in respect of extension of due date for the assessee of Gujarat in the view of heavy rain and flood in the state of Gujarat. Assessees other than Gujarat State were also in hope that date of filing of Income Tax Return will be increased but the same has not been increased by Income Tax Department till time.  The benefit of extension in due date for filing of Income Tax return  will be available for Gujarat State.

The official order is as below:

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Latest amendment in Date of Increment in Revised Pay Structure.

There will be a uniform date of annual increment, viz. 1st July of every year. Employees completing 6 months and above in the revised pay structure as on 1st July will be eligible to be granted the increment. The first increment after fixation of pay on 1.1.2006 in the revised pay structure will be granted on 1.7.2006 for those employees for whom the date of next increment was between 1st July 2006 to 1st January 2007.

By the latest modification in revised pay structure as per Government Resolution No. Vepur 1013/Pra.Kra.6/Seva-9 Dated 03, September, 2013, it is clarify that the annual increment date is uniform i.e. 1st July of every year calender after 2007.  Thereafter some department has been placed the date of increment  is 1st January despite 1st July.

The latest amended Government Resolution has clear the upcoming consequences regarding Date of Increment and how it define.  Important note is that the following clarification for state Employee in view of Date of Increment in Maharashtra.

Date of Pay Fixation in Revised Pay Scale - 01st January, 2006

1st Date of Increment in Revised Pay Structure - 1st July, 2006 

(Note: If the old Increment i.e. 5th Pay Scale is comes on or before 1st January)

or

1st Date of Increment in Revised Pay Structure - 1st January, 2007

2nd Date of Increment in Revised Pay Structure - 1st July, 2007

and thereafter 1st July (1st July, 2008) is fixed in Every Year.

Download Latest amendment G.R. for Date of Increment (Click Here)

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