INCOME TAX MATTERS ( A monthly journal on - Income tax and wealth tax- since 1999) - ( subscription for the year 2009 (TWO VOLUMES) is only Rs. 1300/-) - For subcription and to Know more click here

 

YOUR OBLIGATIONS

 

(By P. C. Garg Advocate and CA. Ritesh Garg)

 

 

DECEMBER, 2009

 

UPTO  5TH DECEMBER, 2009

If an assessee is not an individual,  proprietory  firm or partnership firm, then to deposit Service tax for the month of NOVEMBER , 2009. (Rule 6(1) of Service Tax Rules, 1994)

 

UPTO  7TH DECEMBER, 2009

Deposit T.D.S./TCS under Income Tax Act  if  you have paid or credited/collected any amount on which T.D.S./TCS is applicable during the month of NOVEMBER , 2009.

File form 27 C relating to T.C.S. under Income Tax Act for the month of NOVEMBER, 2009.

(Note - 27C form is given by the purchaser of goods on which TCS is applicable to the seller of such goods to the effect that the purchaser shall use such goods only for manufacturing or processing of goods and not for trading purposes. Seller of goods shall submit this form in the income tax department)

 

UPTO  15TH DECEMBER, 2009

 

TO PAY 2nd INSTALMENT OF ADVANCE INCOME TAX (60% OF TOTAL ADVANCE TAX LIABILITY) ( UNDER SECTION 211 OF INCOME TAX ACT) BY NON CORPORATE ASSESSEES.

TO PAY 3rd INSTALMENT OF ADVANCE INCOME TAX ( NOT LESS THAN 75% OF TOTAL ADVANCE TAX LIABILITY AS REDUCED BY THE AMOUNT, IF ANY, PAID IN EARLIER INSTALMENT) ( UNDER SECTION 211 OF INCOME TAX ACT) BY CORPORATE ASSESSEES.

 

UPTO 20th DECEMBER, 2009

 

FILE YOUR VAT STATEMENT  FOR THE MONTH OF  NOVEMBER, 2009 IN FORM VAT 16 IF PAYMENT OF VAT  IS TO BE MADE BY CROSSED CHEQUE OR CROSSED BANK DRAFT .

If you are running a brick kiln and opted for lumpsum tax, then pay lumpsum tax for the month of November, 2009 if payment is made BY CROSSED CHEQUE OR CROSSED BANK DRAFT .

DEPOSIT PROVIDENT FUND OF YOUR EMPLOYEES FOR THE MONTH OF NOVEMBER, 2009.

UPTO 25TH DECEMBER, 2009

FILE MONTHLY RETURN OF PROVIDENT FUND OF YOUR EMPLOYEES FOR THE MONTH OF NOVEMBER, 2009.

UPTO 30TH DECEMBER, 2009

 

FILE YOUR VAT STATEMENT FOR THE MONTH OF  NOVEMBER, 2009 IN FORM VAT 16 IF PAYMENT OF VAT IS TO BE MADE NOT BY CROSSED CHEQUE OR CROSSED BANK DRAFT. (PUNJAB VAT ACT)

If you are running a brick kiln and opted for lumpsum tax, then pay lumpsum tax for the month of November, 2009 if payment is made NOT BY CROSSED CHEQUE OR CROSSED BANK DRAFT.

 

Important information - If there is holiday on the last day of the obligation, then the next working day shall be considered as the last day for fulfilling that obligation.

 

--------------------------------------