IT Department extends deadline to 31st March for filing of Declarations under VsV Scheme.

Before this extension the last date for filing of Declaration under VsV scheme was 28th Feb. But Income Tax Department extends deadline for filing of Declarations under VsV Scheme.

On Friday the Income Tax Department extended last date for filing of declaration till 31st March including making of payment under Direct Tax Dispute Resolution Scheme i.e. Vivad Se Vishvas (VsV). The Central Board of Direct Taxes (CBDT) further extends deadline to filing of declaration under this Act to 31st March 2021 with payment up-to 30th March 2021.

The Income Tax Department Tweeted as "CBDT further extends the date for filing of declarations under the #VivadSeVishwas Act, 2020 to 31st March, 2021. Date for payment without additional amount under VsV extended to 30th April, 2021".

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CBDT extend due date to 28th Feb. 2021 for filing DTVSV Forms under DTVSV Act 2020.

CBDT issues notification regarding extension of due date for filing DTVSV Forms under DTVSV Act 2020 on 31st January, 2021 [Notification No. 04/2021/ F.No. IT(A)/01/2020-TPL] which is as under

MINISTRY OF FINANCE

(Department of Revenue)

CENTRAL BOARD OF DIRECT TAXES

NOTIFICATION

New Delhi, the 31st January, 2021

S.O. 471(E).— In exercise of the powers conferred by section 3 of the Direct Tax Vivad se Vishwas Act, 2020 (3 of 2020), the Central Government hereby makes the following amendment in the notification of the Government of India, Ministry of Finance (Department of Revenue), number 85/2020, dated the 27th October, 2020, published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (ii), vide number S.O. 3847(E), dated 27th October, 2020, namely:––

In clause (a), for the words, figures and letters “31st day of January, 2021” the words, figures and letters “28th day of February, 2021” shall be substituted.

[Notification No. 04/2021/ F.No. IT(A)/01/2020-TPL]

SHEFALI SINGH, Under Secy., Tax Policy & Legislation Division

Note: The principal notification was published in the Gazette of India, Extraordinary, Part-II Section 3, Sub-section (ii) dated the 27th October, 2020 vide number S.O. 3847(E), dated 27th October, 2020 and was subsequently amended by notification number S.O. 4804(E), dated 31st December, 2020 published in the Gazette of India, Extraordinary, Part-II Section 3, Sub-section (ii) dated the 31st December, 2020.

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CBDT Extended due date for Filing of Income Tax Return to 7th Nov. 2017 for A.Y. 2017-18

Recently, CBDT has extend the date of Income Tax Return Filing for Asstt. Year 2017-18 from 31.08.2017 to 07.11.2017. 

F.No.225/270/2017/ITA.II

Government of India

Ministry of Finance

Department of Revenue

Central Board of Direct Taxes

North-Block, ITA.II Division

New Delhi, the 31st of Order,2017

Order under Section 119 of the Income Tax Act, 1961

On consideration of representations from various stakeholders for further extension of due date, being 30th September, 2017 for assessees covered under clause (a) of Explanation 2 of section 139(1) of the Income Tax Act, 1961 pertaining to Assessment year 2017-18, the CBDT in modification of its order dated 31.08.2017 in the file of even number, hereby further extends the "due-date" for filing income-tax returns and reports of audit pertaining to Assessment Year 2017-2018 from 31st October, 2017 to 7th November, 2017.

(Rohit Garg)

Director-ITA.II,CBDT

Copy to-

1. FS to F.M./OSD to FM/PS to MoS(R)/OSD to MoS(R)

2. PPS to Secretary (Revenue)

3. Chairperson (CBDT), All Members, Central Board of Diorector Taxex

4. All Pr.CCsIT/CCsIT/Pr.DsGIT/DsGIT etc..

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Important Dates in the month of November-2017 for TDS/TCS & Income Tax

Important Dates in the month of November-2017 for TDS/TCS & Income Tax

7 November 2017

Due date for deposit of Tax deducted/collected for the month of October, 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 November 2017

Due date for issue of TDS Certificate for tax deducted under Section 194-IA​ in the month of September, 2017.

15 November 2017

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

15 November 2017 

Quarterly TDS certificate (in respect of tax deducted for payments other than salary) for the quarter ending September 30, 2017

30 November 2017 

Due date for furnishing of challan-cum-statement in respect of tax deducted under Section 194-IA in the month of October, 2017

30 November 2017 

Annual return of income for the assessment year 2017-18 in the case of an assessee if he/it is required to submit a report under section 92E pertaining to international or specified domestic transaction(s)

30 November 2017  

Audit report under section 44AB for the assessment year 2017-18 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 2017  

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

30 November 2017  

Statement of income distribution by Venture Capital Company or venture capital fund in respect of income distributed during 2016-17

30 November 2017  

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 2016-17) to units holders

30 November 2017  

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

30 November 2017  

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

30 November 2017  

Due date for filing of statement of income distributed by business trust to unit holders during the financial year 2016-17. This statement is required to be filed electronically to Principal CIT or CIT in form No. 64A 

30 November 2017  

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 2017  

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, 2017)

30 November 2017  

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, 2017)

30 November 2017  

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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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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All Due Dated in the month of July-2017

All tax payee know about all the due dates in the month of July-2017 regarding Tax Deduction at Source or Tax Collection at Source or Income Tax purpose, which are as under :

7 July 2017
Due date for deposit of Tax deducted/collected for the month of June, 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

7 July 2017
Due date for deposit of TDS for the period April 2017 to June2017 when Assessing Officer has permitted quarterly deposit of TDS under section 192, 194A, 194D or 194H.

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

15 July 2017
Due date for issue of TDS Certificate for tax deducted under section 194-IA​ in the month of May, 2017

15 July 2017
Quarterly statement in respect of foreign remittances (to be furnished by authorized dealers) in Form No. 15CC for quarter ending June, 2017

15 July 2017
Quarterly statement of TCS deposited for the quarter ending 30 June, 2017

30 July 2017
Quarterly TCS certificate in respect of tax collected by any person for the quarter ending June 30, 2017

30 July 2017
Due date for furnishing of challan-cum-statement in respect of tax deducted under Section 194-IA​ in the month of June, 2017

31 July 2017
Quarterly statement of TDS deposited for the quarter ending June 30, 2017

31 July 2017
Annual return of income for the assessment year 2017-18 for all assessee other than (a) corporate-assessee or (b) non-corporate assessee (whose books of account are required to be audited) or (c) working partner of a firm whose accounts are required to be audited or (d) an assessee who is required to furnish a report under section 92E.

31 July 2017
Quarterly return of non-deduction of tax at source by a banking company from interest on time deposit in respect of the quarter ending June 30, 2017

31 July 2017
Statement by scientific research association, university, college or other association or Indian scientific research company as required by rules 5D, 5E and 5F (if due date of submission of return of income is July 31, 2017)

31 July 2017
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 or before July 31, 2017)

31 July 2017
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 or before July 31, 2017)

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The due date for filing declaration in Form 1 (PMGKY) extended to 10th April 2017

The due date for filing declaration in Form 1 (PMGKY) has been extended from 31st March 2017 to 10th April 2017 for assessees who have paid Tax, Surcharge, Penalty and Deposit under the Scheme, in the banks by 31st March 2017 For details.

Circular No. 12 of 2017

F.No.370142/33/2016-TPL(Part)

Government of India

Ministry of Finance

Department of Revenue

Central Board of Direct Taxes

(TPL Division)

***

Dated: 31st of March, 2017 Clarifications on the Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016

The Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016 (hereinafter ‘the Scheme’) has commenced on 17.12.2016 and is open for declarations  upto 31.03.2017.

2. Representations have been received from various stakeholders regarding difficulties in uploading   of declaration   in Form   No.1 under   the   Scheme. Instances   have   been communicated wherein despite making payment of tax, surcharge, penalty and deposit under the  Scheme,  Challan  Identification  Number  / deposit  reference  number  with  respect  to  the payment  of  tax,  surcharge,  penalty  and  depositunder the  Scheme has  not  been  provided  by the banks. Consequently, the assessees are unable to upload Form No.1.

3.Considering the rush in banks during last days of financial year, which also happens to be the last date of filing declaration under the Scheme, CBDT has decided that if an assessee has made payment of tax, surcharge, penalty and deposit under the Scheme, in the banks by the  closing  hours  of  31st March,  2017,  he shall be  allowed  to file  declaration  in  Form No.1 under the Scheme by the 10th of April, 2017.

(Dr. T. S. Mapwal)

Under Secretary to the Government of India

Copy to:-
1.PS to FM/ OSD to FM/ OSD to MoS(R).
2.PS to Secretary (Revenue).
3.The Chairman, Members and all other officers in CBDT of the rank of Under Secretary and above.
4.All Pr. Chief Commissioners/ Pr. Director General of Income-tax –with a request to circulate amongst all officers in their regions/ charges.
5.Pr. DGIT (Systems)/ Pr. DGIT (Vigilance)/ Pr. DGIT (Admn.)/ Pr. DG(NADT)/ Pr. DGIT (L&R).
6.CIT (M&TP), CBDT.
7.Web manager for posting on the departmental website.

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Last Chance to e-File IT Return for A.Y. 2015-16 on 31st March 2017

Once the e-Filed returns are processed and the return is termed as defective, assesse is facilitated to submit the response against defective notice (u/s 139(9)) sent by CPC/AO.

The last date for submission of a valid return for AY 2015-16 expires on 31st March 2017 u/s 139. Those taxpayers whose returns for AY 2015-16 have been declared invalid u/s 139(9) by CPC are requested to file their return u/s 139(4)/139(5) before 31 March 2017.

Process
The detailed process to submit the Response to defective notice is as below

• Login on to www.incometaxindiaefiling.gov.in with your User ID, Password and Date of Birth/ Incorporation
• Go to e-File -> e-File in response to notice u/s 139(9)
• On successful validation if there is any defective notice raised by either CPC/AO, the below screen will be displayed
• Assesse must click on “Submit” link under Response column for the respective defective notice number in order to submit the response.
• For defective notice raised by AO, the below screen will be displayed.
• Assesse selects the ITR from the drop down and uploads the respective XML file and clicks on Submit. Once the response is successfully submitted, the below success page will be displayed.
• For defective notice raised by CPC, the below screen will be displayed.
• If the assesse Agrees with the defect i.e. assesse selects Yes under column “Do you agree with defect?”, Select ITR Form Name, Assesse needs to upload the respective return XML.
• If the assesse does not agree with the defect i.e. assesse selects No under column “Do you agree with defect?”, Assesse needs to provide the remarks under column Assesse Remarks as shown in the below screen.
• If the Error Code value is “3” and the assesse does not agree with the defect i.e. e-File in response to assesse selects No under column “Do you agree with defect?”, Assesse needs to provide the additional information as shown in the below screen.
• If the company is FII/FPI i.e. if the assesse selects YES in the dropdown displayed under Details for Error Code 3 table, further details needs to be provided by assesse as displayed in the below screen and assesse needs to click on Submit.
• If the company is FII/FPI i.e. if the assesse selects NO in the dropdown displayed under Details for Error Code 3 table, Assesse needs to provide the respective remarks in the text box provided and click on Submit.
• On successful submission of the response by the assesse, the below success screen is displayed.
• Assessees can click on “View” link under Response column to view the response submitted. The below details will be displayed.
• Click on Transaction ID to know the details of response submitted.

Note: To view the XML or ITR (PDF), please do to My Account -> e-Filed Returns/Forms
 

Withdrawal of Defective response submitted

• Assesse is allowed to withdraw the response submitted for any defective return within 3 days of submission.
• Assesse needs to click on Withdraw link under Response column.
• Details of the submitted response will be displayed. Assesse needs agree to withdraw by checking the checkbox and click on Confirm Withdrawal button.
• Once the response has been withdrawn successfully the below screen is displayed.

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3rd Quarter DVAT Online Filing Return for 2016-17 Extend to 08.03.17

GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI

DEPARTMENT OF TRADE AND TAXES

(POLICY BRANCH)

VYAPAR BHAWAN, I.P.ESTATE, NEW DELHI-110002

No.F.7(420)/VAT/Policy/2011/PF/1213-16

Dated 28.02.17

CIRCULAR NO. 25 OF 2016-17

Sub: Filing of Online Return for 3rd Quarter of 2016-17 - extension of period thereof.

     In partial modification to this department's Circular No. 23 of 2016-17 on the subject cited above and in exercise of the powers conferred under Rule 49A of the Delhi Value Added Tax Rules, 2005, I H.Rajesh Prasad, Commissioner, Value Added Tax, do hereby extend the last date of Filling of Online/hard copy of third quarter return for the year 216-17, in Form DVAT-16, DVAT-17 and DVAT-48 along with required annexure/enclosures to 08/03/2017.

     However, the tax due shall continue to be paid in the usual manner as per the provisions of section 3(4) of the Delhi Value Added Tax Act, 2004.  The dealers filing the returns through digital signature need not file hard copy of the return/Form DVAT-56.

Sd/-

(H.Rajesh Prasad)

Commissioner, VAT

No.F.7(420)/VAT/Policy/2011/PF/1213-16

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Important Dates in the Month of March-2017

Important Dates in the Month of March-2017

Due Dates for selected month and year

2 March 2017
Due date for furnishing of challan-cum-statement in respect of tax deducted under Section 194-IA in the month of January, 2017

7 March 2017
Due date for deposit of Tax deducted/collected for the month of February, 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

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

15 March 2017
Fourth instalment of advance tax for the assessment year 2017-18.
 

15 March 2017
Due date for payment of whole amount of advance tax in respect of assessment year 2017-18 for assessees covered under presumptive scheme of Section 44AD.
 

17 March 2017
Due date for furnishing of challan-cum-statement in respect of tax deducted under Section 194-IA in the month of January, 2017
 

30 March 2017
Due date for furnishing of challan-cum-statement in respect of tax deducted under Section 194-IA in the month of February, 2017
 

31 March 2017
Lastdate for declaration of undisclosed income under Pradhan MantriGaribKalyanYojana, 2016.
 

31 March 2017
Due date for payment of second installment (i.e., 25% of tax, surcharge and penalty) under Income Declaration Scheme, 2016.

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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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TDS Return Filing Due Dates Extended for 5 Years with Penalty Rs. 5000 - CBDT

Due Dates of Filing Quarterly TDS Statement in Form 24Q has been extended for 5 years & penalty also increased from 2000 to 5000 by CBDT vide circular No. F.No. 275/192/2016-IT (B) dated 24th January, 2017.

The subject of this Circular is that "Corrigendum to Circular No. 1/2017 dated 02.01.2017 on TDS under section 192 of Income Tax Act, 1961."

In this circular CBDT has amended the para 3.6.1 as " In Para 3.6.1 in clause (a) below to table at page 4 of the captioned Circular, in words "3 years" appearing in line 1 may be read as "5 years".

Regarding Due Dates filing CBDT amendment that " The table in para 4.9.1 on page 9 of the captioned Circular may be read as under:"

TABLE: Due dates of filing Quarterly Statements in Form 24Q

Finally CBDT amendment that "In para 5.5.10 in clause (d) at page 26 of the captioned Circular, the words "Rs. 2000/-" apearing in line 2 may be read as "Rs. 5000/-".

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Important Due Dates In the Month of January-2017

Due Dates for January-2017

7 January 2017 -  Due date for deposit of Tax deducted/collected for the month of December, 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 January 2017 -  Due date for deposit of TDS for the period October 2016 to December 2016 when Assessing Officer has permitted quarterly deposit of TDS under section 192, 194A, 194D or 194H​

14 January 2017 -  ​Due date for issue of TDS Certificate for tax deducted under section 194-IA in the month of November, 2016

15 January 2017 -​  Due date for furnishing of Form 24G by an office of the Government where TDS for the month of December, 2016 has been paid without the production of a challan

15 January 2017 -  ​Quarterly statement of TCS deposited for the quarter ending December 31, 2016

30 January 2017 -  ​Quarterly TCS certificate in respect of tax collected for the quarter ending December 31, 2016

30 January 2017 -  ​Due date for furnishing of challan-cum-statement in respect of tax deducted under Section 194-IA in the month of December, 2016

31 January 2017 -  ​Quarterly statement of TDS deposited for the quarter ending December 31, 2016

31 January 2017 -  ​Quarterly return of non-deduction at source by a banking company from interest on time deposit in respect of the quarter ending December 31, 2016

31 January 2017 -  ​Due date for filing of statement of financial transaction by banks or post office in respect of cash deposits during the period 09th November, 2016 to 30th December, 2016 aggregating to—

(i) Rs. 12,50,000 or more, in one or more current account of a person; or
(ii) Rs. 2,50,000 or more, in one or more accounts (other than a current account) of a person.

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Due Dates in the Month of December-2016

Today is the 1st day of December-2016 and this month is the last month of the calendar year 2016.  We have only 3 or 4 months remains to end of Accounting year. And this month is very very important for all purpose.  The following dates are very important for taxation purpose :

7 December 2016

​​Due date for deposit of Tax deducted/collected for the month of November, 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 December 2016

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

15 December 2016

​Third instalment for payment of advance income-tax for the assessment year 2017-18​

22 December 2016

​​Due date for issue of TDS Certificate for tax deducted under  Section 194-IA​​ in the month of November, 2016

30 December 2016

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

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Due Date Extended for Online Return Filing for 2nd Quarter of Fin. Year 2016-17

GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI

DEPARTMENT OF TRADE AND TAXES

(POLICY BRANCH)

VYAPAR BHAWAN, I.P.ESTATE, NEW DELHI-110 002

No.F.7(420)/VAT/Policy/2011/PF/893-98

Dated: 12/11/2016

CIRCULAR NO. 18 of 2016-17

Sub: Filing of online return for second quarter of 2016-17 – extension of period thereof.

In partial modification to this department’s Circular No.17 of 2016-17 on the subject cited above and in exercise of the powers conferred under Rule 49A of the Delhi Value Added Tax Rules, 2005, I,H. Rajesh Prasad, Commissioner, Value Added Tax, do hereby extend the last date of filing of online/hard copy of second quarter return for the year 2016-17, in Form DVAT-16, DVAT-17 and DVAT-48 along with required annexure/enclosures to 21/11/2016

However, the tax due shall continue to be paid in the usual manner as per the provisions of section 3(4) of the Delhi Value Added Tax Act, 2004. The dealers filing the returns through digital signature need not file hard copy of the return/Form D AT-56.

(H.Rajesh Prasad)

Commissioner, VAT

Dated: 12/11/2016
No.F.7(420)/VAT/Policy/2011/PF/893-98

Copy forwarded for information and necessary action to:
1. All Spl./Addl./Joint Commissioners, Department of Trade and Taxes, GNCT of Delhi, Vyapar Bhawan I.P.Estate, New Delhi-02.
2. Joint Director (IT), Department of Trade and Taxes, GNCT of Delhi, Vyapar Bhawan, I.P.Estate, New Delhi-02 for uploading the circular on the website of the department.
3. The President/General Secretary, Sales Tax Bar Association (Regd.), Vyapar Bhawan, I.P.Estate, New Delhi.
4. All Assistant Commissioners/AVATOs Department of Trade and Taxes, GNCT of Delhi, Vyapar Bhawan, I.P.Estate, New Delhi-02 through Zonal lncharges.
5. PS to the Commissioner, VAT, Department of Trade and Taxes, GNCT of Delhi Vyapar Bhawan, I.P.Estate, New Delhi-02.
6. Guard File.

(Sushi Biju)

Asstt.Commissioner (Policy)

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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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Due Date Extends For Filing of Annual Return and Financial Statement to 29th Nov. 2016 - MCA

Due Date Extends For Filing of Annual Return and Financial Statement to 29th Nov. 2016

General Circular No. 12/2016

F.No. MCA 2l/153/20l2 E-Gov Cell

Government of India

Ministry of Corporate Affairs

5th Floor, 'A Wing, Shastri Bhawan,

Dr. Rajendra Prasad Road, New Delhi-1.

Dated 27.1O.2O16

To
All Regional Dircctors,
All Registrar of Companies,

Subject: Relaxation of additional Fees and Extension of last date of in filing AOC-4, AOC-4 (XBRL), AOC-4 (CFS) and MGT-7 e-forms under the companies Act, 2013-Regarding.

Sir,

     In continuation of this Ministry's General Circular No. 08/2016 dated 29.07.2016, keeping in view the requests received from various stakeholders, it has been decided to further extend last date for filing of financial statements and annual returns using e-forms AOC-4, AOC-4 (XBRL), AOC-4 (CFS), or MGT-7, as the case may be, without payment of additional fee, wherever applicable, till 29th November, 2016.

2.   This issues with the approval of the Competent authority.

Yours faithfully,

Sd/-

(K.M.S. Narayanan)

Assistant Director

23387263

Copy to:
1. File No. 01/34/2013 CL-V
2. Guard File.

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Due Date Extend for Filing of Income Tax Return and Audit Reports for A.Y. 2016-17 of J&K State.

F.No.225/195/2016/ITA.II

Government of India

Ministry of Finance

Department of Revenue

Central Board od Direct Taxes

North-Block, ITA.II Division

New Delhi, the 18th October, 2016

Order under Section 119 of the Income-Tax Act, 1961

In order to mitigate the difficulties being faced by the taxpayers in the State of Jammu and Kashmir in filing income tax returns and reports of audit for Assessment Year 216-2017 by the "due date", as prescribed under section 139(1) of Income-tax Act, 1961, the CBDT, hereby extends the "due date" for filing income tax returns and reports of audit under

the provisions of Income-tax act pertaining to Assessment Year 2016-17 for all categories of taxpares in the state of Jammu and Kashmir to 31st December, 2016.

(Rohit Garg)

Deputy-Secretary to the Government of India

Copy to:-
1. PS to F.M./OSD to FM/PS to MoS(R)/OSD to MoS(R)
2. PPS to Secretary (Revenue)
3. Chairperson (CBDT), all Members, Central Board of Direct Taxes
4. All Pr.CCsIT/CCsIT/Pr.DSGIT/DsGIT
5. All Joint Secretaries/CsIT, CBDT
6. Directors/Deputy Secretaries/Under Secretaries of Central Board of Direct Taxes
7. ADG(Systems)-4 with request to place the order on official website
8. Addl. CIT, Data base Cell for placing the order on irsofficers website
9. ADG(PR,PP&OL) for placing on Twitter handle of the department
10.The institute of Chartered Accountants of India, PI Estate,New Delhi-110003
11.Federation Chamber of Industries Kashmir
12. CUT (M&TP),CBDT

(Rohit Garg)

Deputy-Secretary to the Government of India

CBDT Circular (Click Here)

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Important Due Dates in the Month of August, 2016

We all Taxapyee well known about Income Tax alert.  Just start the month of August, 2016 and Asstt. Year 2017-18 it is more important to know all the due dates for the month of August, 2016 specially for Individual, HUF, Corporate taxpayers and others Taxpayers/TDS or TCS Deductors are as follows:

Due Dates in August, 2016

7 August 2016
​Due date for deposit of Tax deducted/collected for the month of July, 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 August 2016 

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

15 August 2016 

​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 June 30, 2016
 

22 August 2016
​Due date for issue of TDS Certificate for tax deducted under  section 194-IA​ in the month of July, 2016

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Due Date for filing of Income Tax Return extended for Asstt. Year 2016-17

Recently, CBDT has issued a press information on 29th July, 2016 regarding extension of due date for filing of Income Tax Return for Asstt. Year 2016-17 i.e. from 31st July, 2016 to 5th August, 2016.  The details are as under :

Press Information Bureau

Government of India

Ministry of Finance

29-July-2016 20:47 IST

As per provisions of Section 139(1) of Income-tax Act 1961, Central Board of Direct Taxes extends the due date for filing returns of Income for Assessment Year 2016- 2017 from 31st July, 2016 to 5th August,2016 , in case of taxpayers throughout India who are liable to file their Income-tax by 31st July, 2016.

This extension is given in order to avoid any inconvenience to the taxpayers while making payment of taxes pertaining to returns of income for Assessment Year 2016- 2017 by 31st July, 2016 due to reports of Bank strike on 29th July,2016(Friday) and 31st July,2016 (Sunday), being a Bank-Holiday.

Due date extension in J & K is 31.08.2016

As per provisions of Section 119 of Income-tax Act, 1961(‘Act’) , Central Board of Direct Taxes extends the due date for filing income-tax returns from 31st July, 2016 to 31st August ,2016 , in case of Income-tax assessees in the State of Jammu & Kashmir who are required to file their return under Section 139(1) of the Act. This extension is given on consideration of reports of dislocation of general life in certain areas of the State of Jammu & Kashmir.

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