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Important Due Dates under Direct Taxes
Sr. No. Nature Details April May June July Sept. Oct. Nov. Dec. Jan. Mar.
A TDS STATEMENTS FORM NO.                    
1. Salaries Quarterly 24Q                    
2. Other than salaries Quarterly 26Q                    
3. Payments other than salary to Non- Residents/NORs [also see Note (1) below] Quarterly 27Q                    
  Quarter ending (For 1, 2 & 3)                        
  June           31            
  September               31        
  December                     31  
  March       31                
B RETURN FOR NON-DEDUCTION OF TAX FORM NO.                    
  Interest other than interest on Securities not exceeding ₹ 10,000/- by every branch of a banking company without deducting tax 26QAA Quarterly   30 31   31     31    
C RETURNS OF TAX COLLECTION AT SOURCE (See Note 6) FORM NO.                    
  Quarterly returns 27EQ 15   15   15     15    
D RETURNS OF INCOME (ROI) AND WEALTH (ROW) FORM NO.                    
    ROI (Refer Note 9)                    
1 i) Companies other than those claiming exemption u/s. 11 or required to file a report in Section 92E 6         30          
  ii) Company required to furnish report under Section 92E 6             30      
2 Non-Corporate assessees                      
  a) Having Business Income                      
  i) Required to get their accounts audited under Income Tax law or any other law 4 or 5         30          
  ii) Working partner of a firm 3         30          
  iii) Any other assessees 3, 4 or 5 4S – Sugam       31            
  b) Having no Business Income 1 Sahaj or 2       31            
  c) Charitable Trusts or societies or companies u/s. 25 claiming exemption u/s. 11 7         30          
E ADVANCE TAX PAYMENTS FOR INCOME TAX AGGREGATE TAX PAYABLE UP TO DUE DATE                    
    Companies Others                    
  1. First Instalment 15% 15%     15              
  2. Second Instalment 45% 45%         15          
  3. Third Instalment 75% 75%               15    
  4. Final Instalment 100% 100%                   15
F ANNUAL INFORMATION RETURN (AIR) — 31ST AUGUST                        

NOTES :

  1. For date of filing TDS statement, refer TDS chart. Refer pages 3.52.
  2. Recipient of Form Nos. 15G & 15H must file a copy with C.I.T. by the 7th day of the month following the month in which it is received.
  3. TDS must be deposited in bank by the 7th day of the month following the month in which tax was deducted. If the amount is credited/paid to the Payee's A/c for the month of March, then TDS must be deposited by 30th April. (For section 80-IA 7th day from the end of the month)
  4. Dividend tax u/s. 115-O must be paid within a period of 14 days from the date of declaration, distribution or payment of dividend, whichever is earlier.
  5. TDS is required to be deducted either at the time of making payment or credit whichever is earlier except for salaries where TDS is deducted on payment basis. For rates and compliance. Refer page 3.52
  6. The aforesaid TDS Returns and the Returns for tax collected at source have to be filed on the computer media; i.e., prescribed CD-ROM, DAT cartridge or USB drive by filing Form 27A/27B along with the certificate by the assessees regarding clean and virus free data. Refer page 3.58
  7. If on the due date of instalment payable the bank is closed due to holiday, payment can be made on next working day. Under such circumstances, interest u/ss. 234B and 234C is not chargeable. (Circular No. 676 dated 14-1-1994).
  8. Interest payable for failure to deduct/collect or pay the tax, shall be paid before submission of quarterly return.
  9. For Returns of Income please see Rule 12. Refer page 3.71
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