TAX DUE DATES

28/03/2018

TAX DUE DATES: CBEC has issued a notification that the return in Form GSTR-3B for the month of April, May and June 2018 shall be furnished electronically through the GST portal, on or before 20th May, 20th June & 20th July 2018 respectively.

27/03/2018

TAX DUE DATES: CBDT extends due date for linking Aadhaar with PAN till June 30, 2018
CBDT has extended the last date for linking of Aadhaar with PAN from March 31, 2018 to June 30, 2018.

10/09/2016

TAX DUE DATES: CBDT extends due date for filing of Income Tax Returns-

Due date for filing Income tax return by the tax payers whose accounts are required to be audited and who are required to furnish return of income for the Assessment year 2016-17 by 30th September 2016 have been extended till 17th October 2016.

CBDT Order No:- F.No. 225/195/2016-ITA-II dated 09.09.2016

Press release link:http://www.incometaxindia.gov.in/Lists/Press%20Releases/Attachments/520/Press-release-Extension-of-date-ITRs-09-09-2016.pdf

30/07/2016

TAX DUE DATE: Due Date for filing Income Tax Returns extended till 05.08.2016 due to Bank strike on 29.07.2016.

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

23/07/2016

TAX DUE DATES: File your Income Tax Return on time. Last date to file Income Tax Return for the Assessment year 2016-17 is 31.07.2016. For any queries regarding filing; drop a message.

28/06/2016

TAX DUE DATES: CBDT has issued clarifications on the Income Declaration Scheme, 2016 vide Circular No. 24 of 2016 dated 27.06.2016

http://www.incometaxindia.gov.in/pages/communications/index.aspx

The Income Tax Department NEVER asks for your PIN numbers, passwords or similar access information for credit cards, banks or other financial accounts through e-mail.

25/06/2016

TAX DUE DATES: Notification No. 35/2016-Service Tax, Dated 23rd June, 2016

Central Government hereby exempts taxable services with respect to which the invoice for the service has been issued on or before the 31st May, 2016, from the whole of Krishi Kalyan Cess leviable thereon, subject to condition that the provision of service has been completed on or before the 31st May, 2016.

http://www.cbec.gov.in/ServiceTax-Notifications

Central Board of Excise and Customs (CBEC) is a part of the Department of Revenue under the Ministry of Finance, Government of India. It deals with the tasks of formulation of policy concerning levy and collection of Customs & Central Excise duties and Service Tax, prevention of smuggling and admini...

25/06/2016

TAX DUE DATES: Amendment in Section 206C (TCS Provisions) of the Income-tax Act vide Circular No. 23/2016 dated 24.06.2016:-

Question 1: Whether tax collection at source under section 206C(1D) at the rate of 1% will apply in cases where the sale consideration received is partly in cash and partly through bank and the cash receipt is less than two lakh rupees.

Answer: No. Tax Collection at source will not be levied if the cash receipt does not exceed 200000 rupees even if the sale consideration exceeds 200000 rupees.

Question 2: Whether tax collection at source under section 206C(1D) will apply only to cash component of the sales consideration and not on the whole of sales consideration.

Answer: Under section 206C(1D), the tax is required to be collected at source on cash component of the sales consideration and not on the whole of sales consideration.

http://www.incometaxindia.gov.in/pages/communications/index.aspx

22/06/2016

TAX DUE DATES: The Income Declaration Scheme Rules, 2016. Notification regarding procedure to be followed for declaring undisclosed Income. Dated 19.05.2016

Form 1: As per Income Declaration Scheme, 2016, the declaration of undisclosed income is to be filled in Form 1.

Form 2: Form 2 is an acknowledgement issued to the declarant by the jurisdictional Principal Commissioner or Commissioner.

Form 3: Form 3 shall be furnished by the declarant to the jurisdictional Principal Commissioner or Commissioner for the proof of payment of tax, surcharge and penalty made after receiving Form-2.

Form 4: Form 4 is a certificate granted by the jurisdictional Principal Commissioner or Commissioner after submission of Form 3.

http://incometaxindiaefiling.gov.in

"It is very easy to file income tax return. It is just 15 min work. I like one concept of e-verify return and no need to submit hard copy to IPC bangluru. Awesome portal....:):):) Great Job!!!!!!!! 10 out 10 from my side...."-15/06/2016 "Best example of e-governance. Wish all Govt. e-governance webs...

21/06/2016

TAX DUE DATES: CBDT vide press release dated 20th June 2016 clarifies that the Higher threshold limit of Rs. 2 Crores for non audit of accounts has been given only to assessee opting for presumptive taxation scheme u/s 44AD

14/06/2016

TAX DUE DATES: 15-06-2016 is last day for payment of first installment of advance Income Tax for A.Y. 2017-18 by all assessees.

11/06/2016

TAX DUE DATES: Notification no. 09/2016 dated 09.06.2016
The due date for quarterly furnishing of 15G/15H declarations received by the payer from 01.04.2016 onwards shall be given as follows:-
For quarter ending 30th June : 15th July of the financial year
For quarter ending 30th Sept : 15th Oct of the financial year
For quarter ending 31st Dec : 15th Jan of the financial year
For quarter ending 31st March : 30th April of the financial year immediately following the financial year in which declaration is made.

http://www.incometaxindia.gov.in/communications/notification/notificaton92016_n.pdf