January 2022 – Compliance Calendar

January Sl No Particulars Due dates Direct Tax 1 Due date for deposit of Tax deducted/collected for the month of December, 2021 7-Jan-2021 2 Due date for issue of TDS Certificate for tax deducted under Section 194-IB /194-IA in the month of November, 2021(194 IB Rental    income   >50000 ,194 IA transfer of   immovable     property) 15-Jan-2021 […]

December 2021 – Compliance Calendar

December Sl No Particulars Due dates       Direct Tax 1 Due date for deposit of Tax deducted/collected for the month of November, 2021 7-Dec-2021   2 Due date for issue of TDS Certificate for tax deducted under Section 194-IB /194-IA in the month of October 2021(194 IB Rental    income   >50000,194 IA transfer of   […]

November 2021 – Compliance Calendar

October Sl No Particulars Due dates Extended due dates       Direct Tax 1 Due date for deposit of Tax deducted/collected for the month of October, 2021 7-Nov-2021     2 Due date for issue of TDS Certificate for tax deducted under Section 194-IB /194-IA in the month of September, 2021(194 IB Rental    income   […]

October 2021 – Compliance Calendar

October Sl No Particulars Due dates       Direct Tax 1 Due date for deposit of Tax deducted/collected for the month of September 2021 7-Oct-2021   2 Due date for issue of TDS Certificate for tax deducted under Section 194-IB /194-IA in the month of August, 2021(194 IB Rental    income   >50000,194 IA transfer of   […]

September 2021 – Compliance Calendar

September Sl No Particulars Due dates Extended due dates     Direct Tax 1 Due date for deposit of Tax deducted/collected for the month of August, 2021 7-Sep-2021   2 Due date for issue of TDS Certificate for tax deducted under Section 194-IB /194-IA in the month of July 2021(194 IB Rental    income   >50000,194 IA […]

August 2021 – Compliance Calendar

August Sl No Particulars Due dates Extended due dates       Direct Tax 1 Due date for deposit of Tax deducted/collected for the month of July, 2021 7-Aug-2021     2 Due date for issue of TDS Certificate for tax deducted under Section 194-IB /194-IA in the month of June, 2021(194 IB Rental  income  […]

July 2021 – Compliance Calendar

July Sl No Particulars Due dates Extended Date/ Comments Direct Tax  1 Due date for deposit of Tax deducted/collected for the month of June, 2021 7-July-2021     2 Due date for issue of TDS Certificate for tax deducted under Section 194-IB /194-IA in the month of May, 2021 15-July-2021   3 Quarterly statement of […]

EASY GUIDE TO ADVANCE TAX WITH PAYMENT CALCULATION & DUE DATES

[vc_row][vc_column][vc_column_text]WHAT IS ADVANCE TAX? Advance tax under Income Tax Act, 1961, otherwise called ‘pay-as-u-earn scheme’, refers to the payment of tax before the end of the financial year. The purpose or objective behind the implementation of advance tax provision was that the scheme ensures a constant flow of tax revenue throughout the year for meeting […]

June 2021 – Compliance Calendar

June Sl No Particulars   Due dates   Extended Date /Comments                     Direct Tax         1 Due date for deposit of Tax deducted/collected for the month of May, 2021.   7-June-2021   2 Due date for issue of TDS Certificate for tax deducted […]

Equalization Levy

[vc_row][vc_column][vc_column_text]Are you tax compliant while making online payments towards Advertisement cost for your entity? Read to understand more about Equalization levy applicable on online payments What is Equalization Levy (EL) Equalization levy is a direct tax that required the service receipt to withhold tax while making payment to service recipient who do not have a […]