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SNSN
SN Vertical
VerticalVertical
Vertical Due
DueDue
Due
Dates
DatesDates
Dates Particular
ParticularParticular
Particular
Consequence of non compliance
Consequence of non compliance Consequence of non compliance
Consequence of non compliance
1 Income Tax
Income Tax Income Tax
Income Tax15.09.2016 Payment of 2nd Installment of Advance tax for Companies and Non-Companies At least 45% of
Advance Tax liablility, Interest u/s 234C @1.5% per month or part of the month
30.09.2016 Income tax Filing Tax Audit Under 44 AB for the AY 2016-16 Corporate Assessee or Non- Corporate Assessee reuqired to submit Return of Income.
2
TDS
TDSTDS
TDS07.09.2016 Payment of TDS deducted for the month of Aug,2016.
Interest @ 1.5% per month or part of month from the date of deduction till the date of payment.
3 COT COTCOT
COT 15.09.2016 Payment of COT(Monthly ) and filing of VAT 120 for Aug,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 Aug,2016.
5
Professional Tax
Professional Tax Professional Tax
Professional Tax20.09.2016 E-Payment & filing of Form 5A for the month of
Aug,2016. Interest @ 1.50% per month or part of the month, Penalty Rs. 250/-
6
Service Tax
Service Tax Service Tax
Service Tax
06.09.2016 Monthly Payments for Copmanies
sec 75 wef 14.05.2016 Interest rates on delayed payment of duty/tax across all indirect
taxes are rationalized and made uniform at 15%, exc ept in case of Service Tax collected
but not deposited to the CENTRAL GOVERNMENT, the ra te of interest will be 24%
from the date on which the Service Tax payment beca me due.
In case of assessees, whose value of taxable servic es in the preceding year/years covered
by the notice is less than Rs. 60 Lakh, the rate of interest on delayed payment of Service
Tax will be 12%.
7Excise
ExciseExcise
Excise06.09.2016GAR -7E-Payment Mandatory For ED Paid >1000000 in FY2015-16
10.09.2016
Monthly 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 2015-16 PLA/CENVAT/BOTH ER-6
8 EPF EPFEPF
EPF 15.09.2016 Consolidate Statements Due and Remittance under EPF &EDLI Form 12A Monthly Returns of Employee Joined /Left 5/10
9 ESI ESIESI
ESI 21.09.2016 ESI Deposit
www.kavirajaasociates.weebly.com
AUGUST MONTH COMPLIANCE
4
VAT
VATVAT
VAT 20.09.2016
Interest @ 1.5% per month or part of the month, & Penalty @ 10% on the Tax payable.