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Tax
Payers Obligations with specified dates
|
Date
(1) |
Section/
Rule
(2)
|
Obligation
(3) |
Form
No.
(4) |
|
30th
April
30th
June
30th
April
15th
June
30th June
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Section 203/ Rule
31
Section 203/ Rule
31
Section
200(3)
Section 206C
(3)
Section 206/ Rule
37
Section 206C(5A)/
Rule
37E
Section
211
Section
203AA
Section 206/ Rule
37
Section 206/ Rule
37
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Issue Certificate of tax
deducted at source to the salaried employees.
Issue Certificate of tax
deducted at source from insurance.
File Quarterly statement of
quarter of deduction of tax at source for the quarter ended 31st
March.
File quarterly statement of
collection tax at source for the quarter 31st
March.
File annual return of tax
deducted at source from dividends paid during the year.
File return of dividends paid
under first provision to section 194, without tax
deduction.
File half yearly return relating
to collection of tax at source from buyers of specified goods for the period
ending 31st March.
Corporate assessee to pay first instalment
of advance tax of 15% of the total advance tax liability.
File Annual statement of tax
deduction or collection or paid.
File annual return of tax
deducted at source from interest (other than interest on securities) paid during
he year
File annual return of tax
deducted at source from payments made during the year to any contractor or
sub-contractor. |
16
24Q, 26Q
as
applicable
27EQ
16A
26
26
27E
No detail is required to be
submitted
26AS
26
26 |
|
(1)
|
(2) |
(3) |
(4) |
|
15th
July |
Section 206/ Rule
37
Section 206/ Rule
37
Section 206/ Rule
37
Section 206/ Rule
37
Section 139A/ Rule
114
Rule 37
Rule 37
Rule 37
Rule 37
Section
200(3)
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File annual return of tax
deducted at source from payments made during he year for insurance
commission.
File annual return of tax
deducted at source on salaries paid during he
year.
File annual return of tax
deducted at source from payments made during the year for winnings from
lotteries and crossword puzzles.
File annual return of tax
deducted at source from payments made during he year for winnings from horse
races.
File application for allotment
of permanent account number (if not already allotted) m case the total income
exceeds the maximum amount which is not chargeable to tax
File annual return of tax
deducted at source from payments in respect of deposits under National Savings
Scheme
File annual return of ax
deducted at source from payments on account of repurchase of units by units by
Mutual Fund or Unit Trust of India.
File annual return of tax
deducted at source from payments of commission etc. on sale of lottery
tickets.
File annual return of tax
deducted at source from payment of rent.
File quarterly statement of
deduction of tax at source, for the quarter ended 30th
June.
|
26
24
26
26
49A
26
26
26
26
24Q, 26Q as
applicable
|
|
(1) |
(2)
|
(3) |
(4) |
|
31st
July
15
Sept.
15th
October
31st
October
15th
Dec.
15th
January
15th
March |
Section
206C(6)
Section 139/ Rule 12/ Section
14(W.T.Act)
Section
211
Section
211
Section
200(3)
Section
206C(6)
Section 139/Rule
12/
Section 14W.T.
Act
Provision to section
139
Section 206C/
(5A)
Section
211
Section
211
Section
2003)
Section
206C(3)
Section
211
Section
211
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File quarter statement of
collection of tax at source for the quarter ended 30th
June.
File annual return of
income/wealth in case of all non-corporate assessee
(other than the assessees requiring their accounts to
be audited)
Corporate assessee to pay second instalment
of advance tax upto 45% of the total advance tax
liability.
Non-Corporate assessee to pay first instalment
of advance tax of 30% of the total advance tax liability.
File quarterly statement of
deduction of tax at source, for the quarter ended 30th
September.
File quarter statement of
collection of tax at source for the quarter ended 30th
September.
File annual return of income/
net wealth in case of a corporate assessee.
File annual return of income/net
wealth in case of non-corporate assessee who is
required to get his accounts audited (including working partners of such
firm)
File annual return of income-tax
in case of non-corporate assessees covered under ‘one
by six’ scheme.
File half-yearly return relating
to collection of tax a source from buyers of specified goods for the period
ending 30th September.
Corporate assessee to pay third instalment
of advance tax upto 75% of the total advance tax
liability.
Non- corporate assessee to pay second instalment
of advance tax upto 60% of the total advance tax
liability.
File quarterly statement of
deduction of tax at source, for the quarter ended 31st
December.
File quarter statement of
collection of tax at source, for the quarter ended 31st
December.
Corporate assessee to pay fourth and final instalment of the advance tax upto
100% of the total advance tanmx
liability.
Non- Corporate assessee to pay third and final instalment of the advance tax upto
100% of the total advance tax liability.
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27EQ
Income-tax
Form No.2 or 3, Wealth Tax-Form
A
No detail is required to be
submitted.
No detail is required to be
submitted.
24Q, 26Q as
applicable
27EQ
Income:Form 1
Wealth:Form B
Income:Form 2
Wealth:Form A
Form No.
2C
27E
No detail is required to be
submitted
No detail is required to be
submitted
24Q, 26Q as
applicable
27 EQ
No detail is required to be
submitted
No detail is required to be
submitted
|
The
Finance Bill, 2005, has made return filing mandatory for every firm, even in
case of loss or otherwise, from A.Y. 2006- 2007.
Note : 1.
Return of Income in Form No. 1 is required to be furnished by assessee, being company Other than those claiming exemption u/s 11.
2. Return of income in Form No. 2 is required to
be furnished by assessee (other than
companies & those claiming exemption u/s 11) and whose
total income includes “Profits
& gains of business or profession”.
3. Return of income in Form No. 2B is required
to be furnished in case of income including undisclosed income as referred to in section
158BC(a).
4.
Return of income in Form No. 2C is required to be furnished in case the
assessee fulfills any one of the six conditions specified under
provision to section 139(1).
5.
Return of income in Form No. 2D
is required to be furnished by non- corporate assessees Other than
persons claiming exemption u/s 11.
6.
Return of income in Form No. 2E
is required to be furnished by assessee being resident
individual/ H.U.F. not having income from business/
profession or capital gains or agricultural income.
7.
Return of income in Form No. 3
is required to be furnished by assessee (other than
Companies & those claiming exemption u/s 11) whose total income does no
include “Profits &
gains of business or professions”.
8.
Return of income in Form No. 3A
is required to be furnished by assessee including
Companies & trusts claiming
exemption u/s 10 u/s 11.
9.
Assessee being an individual, resident
in India where:-
(a)
His
total income includes income chargeable to income- tax under head
“Salaries”.
(b)
The
income from salaries before allowing deduction u/s 16 of the Income-tax Act,1961 does not exceed rupees one lakh fifty thousand.
(c)
His
total income does not include income chargeable to income- tax under the head
“Profits & gains of business
or profession” or “Capital gains” or “agricultural income”
and
(d) He is not in receipt of any other income
from which tax has been deducted at sourceby any person other than employer.
The assessee shall also have the option of filing return in Form
no.16AA.
10.
Return in Form no. 27 regarding
TDS in case of non-residents [Rule 37A].
Deduction made under section
193, 194,194E, 195, 196A, 196B, 196C, 196D- File statement in Form No. 27 within
14 days from the end of quarter;
Provided when deduction is made
and payment is credited on the last day of accounting year- Statement in Form
no. 27 is to be filed within 14 days after the expiry of two months from the
month in which the income is credited.
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