The Income Tax Department has extended the date for receipt of ITR-Vs  in CPC upto 31-03-2014 for the

A.Y. 2012-13 for the returns filed between 01-04-2012 to 31-10-2013 and for A.Y. 2013-14 for returns filed between 01-04-2013 to 31-10-2013.

The relevant notification is reproduced here for ready reference:

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In accordance with the decision given by the Commissioner under section 59, necessary guidance was sought by the Lucknow Hardware & Paints Merchants Association regarding the meaning of Steel Perforated Sheet.

In this circular the meaning of Steel perforated sheet has been made clear.

The relevant circular is reproduced here for ready reference:

Download (PDF, 370KB)

 

 

Date of Payment of Final Installment of Advance Tax for the AY 2014-15  extended from 15th March to 18th March 2014.

The Final Installment of Advance tax for Financial Year 2013-14 is required to be paid on or before 15th March, 2014 by the tax payers who are liable to pay advance tax. These taxpayers can make payments in the designated branches of the authorized banks, electronically or physically, as per law. The banks are open for half day on 15th March, 2014, being a Saturday. Accordingly, to facilitate payment of this installment of Advance tax for the Financial Year 2013-14, the Central Board of Direct taxes (CBDT) has issued an order to extend the time limit to make such payments of Advance Tax, from 15th March, 2014 to 18th March, 2014. Taxpayers, therefore, can now pay their advance tax installment by Tuesday, 18th March, 2014 without entailing any consequential interest for deferment.

” SOURCE: www.pib.nic.in”

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DSM/KA

(Release ID :104607)

 

The Income Tax Department has extended the due date of filing of TDS/TCS Statements for the Q-2,3,4 of FY 2012-13 & Q-1,2,3 of FY 2013-14 for Govt Deductors and mapped to a valid AIN.

The relevant circular is reproduced here for ready reference:

Download (PDF, 25KB)

 

UP VAT Department , once again extends the last date to file Form 26(Annual Return) pertaining to the Financial Year : 2012-13 up to 30-06-2014.

The relevant circular is reproduced here for ready reference:

Download (PDF, 161KB)

 

STATUTORY OBLIGATIONS FOR THE MONTH OF MARCH, 2014.

05-03-2014 – (if payment done online then 06-03-2014)- Service Tax / Excise Monthly Payment.

07-03-2014 – TDS / TCS payment.

15-03-2014 – PF Monthly Payment.

15-03-2014 – Payment of Advance Income Tax (the whole of the estimated tax)

20-03-2014 – UP VAT / CST payment for the previous month.

21-03-2014 – ESI Monthly Payment.

25-03-2014 – PF Monthly Return.

25-03-2014 – UP VAT payment for the tax period ending upto 20th March

31-03-2014 – Service Tax Payment for the month /quarter ending March.

31-03-2014 – Last Date to file Income Tax Return for the Assessment Year 2013-14 without penalty.

© 2012 GODHWANI LAW CO.