SN Vertical Due Dates Particular Consequence of non compliance
1Income Tax 15.06.2016Payment of 1st Installment of Advance tax for
Companies At least 15% of Tax on total income for
the year
Interest u/s 234C @1.5% per month or part of
the month
2TDS07.06.2016 Payment of TDS deducted for the month of
May,2016. Quote AY-2017-18
Interest @ 1.5% per month or part of month from the date of deduction till the date of payment.
3 COT 15.06.2016 Payment of COT(Monthly ) and filing of VAT 120
for May,2016.Interest @ 1.5% per month or part of the month, &
Penalty @ 10% on the Tax payable.
Payment of VAT and filing of VAT 100 for
May,2016.
5 Professional Tax 20.06.2016 E-Payment & filing of Form 5A for the month o f
May,2016. Interest @ 1.50% per month or part of the month,
Penalty Rs. 250/-
6 Service Tax
06.06.2016 Monthly Payments for Copmanies Krishi
Kalyan Cess @ 0.5% on all taxable
services from 1st JuneExtent of Delay Simple Int P.A Upto 6 Months 18% 6Months to 1 Year 24% More Than 1 Year 30%
7Excise06.06.2016GAR -7
10.06.2016Monthly Return for production and removal of goods ER-1 Monthly Return of Excisable Goods Manufactured & Receipt of Inputs & Capital Goods By EOU, STP,HTP ER-2 Monthly Return of Informations Relating to Principal Inputs by Manufacturer for Specified Duty paid>=Rs.One Crore in 2014-15 PLA/CENVAT/BOTH ER-6
8 EPF 15.06.2016
Consolidate Statements Due and Remittance under EPF &EDLI Form 12A Monthly Returns of Employee Joined /Left 5/10
9 ESI 21.06.2016 ESI Deposit
www.kavirajaasociates.weebly.com
MAY MONTH COMPLIANCE
4 VAT 20.06.2016
Interest @ 1.5% per month or part of the month, &
Penalty @ 10% on the Tax payable.
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