21_USEFUL_CHARTS_12-13.pdf

http://www.simpletaxindia.net/ 21 Useful Charts for Tax Compliance Covering: Income Tax Companies Act Service Tax LLP PF - ESIC Excise GVAT Stamp Duty http://www.simpletaxindia.net/2011/04/tds-rate-chart-11-12-fy-tds-rate-12-13.html http://www.simpletaxindia.net/ Index 1. Income Tax Rates ..................................................1 2. Securities Transaction Tax Rates.................................2 3. Capital Gains Tax Rates ..........................................2 4. Cost Inflation Index / Gold Silver Rates .......................3 5 . Interest Payable - Income Tax Act ..............................3 6. Penalties under Income Tax Act..................................4 7. TDS & TCS Rate Chart .............................................5 8. Presumptive Taxation: Income Tax & Wealth Tax .............6 9. Interest Accrual: NSC & KVP......................................7 10. Depreciation Chart - Income Tax ................................8 11. Depreciation Chart - Companies Act ............................9 12. ROC Compliance ..................................................10 13. PF ESIC & Payroll Compliance ..................................11 14. Service Tax Compliance..........................................12 15. Penalties: Service Tax ...........................................13 16. Point of Taxation Rules: Service Tax ...........................14 17. Stamp Duty - Gujarat ............................................14 18. VAT - Gujarat ......................................................15 19. Due Dates Chart ..................................................16 20. Excise Duty: Periodical Returns ................................16 21. LLP Compliances & Penalties ...................................17 Useful Web Sites ..................................................18 Holidays in Banks and Income Tax Department ..............19 http://www.simpletaxindia.net/2011/04/tds-rate-chart-11-12-fy-tds-rate-12-13.html 00.00.055 20.40.simpletaxindia.00.00.001 to 8.000 1.html .445 41.000 Upto 2.001 to 5.000 2.000 Senior Citizen 60 to 80 years 80 years & above Upto 2.00.000 3.000 1.00.00.80.000 Cess @3% Rate of Dividend Distribution Tax (%) 16. BOI Assessment Year 2012-13 Rate Nil General Upto 1.50.000 300001 to 500000 Above 5.40.001 to 3.00.00. AOP.00.000 Above 8.000 5.000 Above 8.001 to 8.00.001 to 5.000 1.000 Upto 1.90.00.90 Rate of MAT (%) 19.90.90.001 to 8.60.00.000 5.000 Above 5.000 Above 8.net/2011/04/tds-rate-chart-11-12-fy-tds-rate-12-13.000 20% 5.000 1.net/ Income Tax Rates For Individuals.00.000 5.00.000 2.00.055* http://www.00.001 to 5.001 to 8.00.00..000 5.001 to 5.simpletaxindia.00.00.40.001 to 5.00.001 to 8.000 Senior Citizen Upto 2.055 19.223 16.001 to 5.001 to 3.000 Above 8.90 30.00.00.001 to 8.000 10% 1.000 30% Above 8.00.000 Above 8.http://www.000 Upto 1.000 5.00.001 to 5.00.000 2.001 to 5.40.20 42. 1 crore Exceeding Rs.90.80.00.436 19.000 Above 8.00.00.000 Upto 5.001 to 3.00.60. HUF.00.60.90 32.000 Women Upto 1.000 Assessment Year 2011-12 Rate Nil 10% 20% 30% General Upto 1.001 to 8.90 30. 1 crore Tax Rates for Foreign Companies Upto Rs.024 30.60.000 Above 5.223 2010-11 NIL 10% 20% 30% Other Assessees Total Income Tax Rates for Domestic Companies Upto Rs.00.000 3.00. 1 crore Exceeding Rs.00.000 Women Upto 1.90.007 19.50.00. 1 crore Tax Rates for others Firms LLP Local authorities *Alternate Minimum Tax Rate of Income Tax (%) 30.000 1.00.000 5.00.90. 017% 0. where option is exercised Sale of futures in securities Sale of unit of an equity oriented fund to the Mutual Fund Rates 0.http://www.simpletaxindia.25% Payable By Purchaser / Seller Seller Seller Purchaser Seller Seller Capital Gains Tax Rates Assessment Year 2012-13 Particulars Sale transactions of equity shares / unit of an equity oriented fund which attract STT Sale transaction other than mentioned above: Individuals (resident and non-residents) Firms including LLP (resident and non-resident) Resident Companies Overseas financial organisations specified section 115AB FIIs Other Foreign companies Local authority Co-operative society Short-term Capital gains tax rates (a) 15% Long-term capital gains tax rates (a) Nil Progressive slab rates 20% with indexation 10% (without 30% Indexation for units/ 30% zero coupon bonds) 40% (corporate) 30% (non-corporate) 10% 30% 10% 40% 20% / 10% 30% 10%(without indexation Progressive slab for units/ zero coupon Rates bonds)/20% for others These rates will further increase by applicable surcharge & education cess.net/ Securities Transaction Tax Rates Assessment Year 2012-13 Transaction Purchase/Sale of equity shares. units of equity oriented mutual fund (delivery based) Sale of equity shares.125% 0.017% 0.html . http://www.net/2011/04/tds-rate-chart-11-12-fy-tds-rate-12-13. units of equity oriented Mutual fund (non-delivery based) Sale of an option in securities Sale of an option in securities.simpletaxindia.025% 0.125% 0. 5% p.Y.Y. Due date Not furnishing return of income 1% p.m.m. Gold Rate (24 Carat for 10 gms i.simpletaxindia.m.net/2011/04/tds-rate-chart-11-12-fy-tds-rate-12-13. Date of payment Date of deduction 1. Due date Due date of next instalment 1% p. 1989-90 1990-91 1991-92 1992-93 1993-94 1994-95 1995-96 1996-97 INDEX 172 182 199 223 244 259 281 305 F. Due date Failure to pay advance tax.simpletaxindia. 1981-82 1982-83 1983-84 1984-85 1985-86 1986-87 1987-88 1988-89 INDEX 100 109 116 125 133 140 150 161 F. i. Date of deduction Date of deposit http://www.Silver Rates of Last 10 Years Assessment Year 2002-2003 2003-2004 2004-2005 2005-2006 2006-2007 2007-2008 2008-2009 2009-2010 2010-2011 2011-2012 Relevant Valuation Date 31/03/2002 31/03/2003 31/03/2004 31/03/2005 31/03/2006 31/03/2007 31/03/2008 31/03/2009 31/03/2010 31/03/2011 Std.m.Y. 1st April of AY 1% p.net/ Cost Inflation Index Assessment Year 2012-13 F.html . 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 INDEX 497 519 551 582 632 711 785 Gold . 0.) 5010 5310 6065 6180 8490 9395 12125 15105 16320 Silver Rate (9960 touch for 1 kg. 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 INDEX 331 351 389 406 426 447 463 480 F.87 tola.734 tola) 7875 7695 11770 10675 17405 19520 23625 22165 27255 Interest payable .Income Tax Act Description Rate Period From Period To Date return furnished Date of completion of assessment U/S 144 Date Tax Payment is made Section 234A 234A 234B 234C 201(1A) 201(1A) Delay in furnishing return of income 1% p.http://www.m.Y. 85.e.m.e. 90% of assessed tax as advance tax Deferring Advance Tax Failure to deduct tax at source Failure to deposit tax in time 1% p. html . 5000 271A 271B 271D 271E 271F Equal to tax not deducted Equal to tax not collected Rs. 100 per day .000 for each failure Concealment • Concealment of income or inaccurate particulars • Undisclosed income during search in proceeding and current FY in which search took place Books.simpletaxindia. 100 per day . Audit. Limited to amount of TDS 271C 271CA 272BB(1A) 272BB(1) 272A(2)(c) 272A(2) (g) http://www. retain books U/S 44AA • Failure to get books audited U/S 44AB • Taking loan in contravention of Sec 269SS • Repayment of loan in contravention of Sec 269T • Failure to furnish return u/s 139(1) before end of AY TDS • Failure to deduct in part or full • Failure to collect tax in part or full • Quoting false TAN in challan / statements • Failure to apply for TAN • Failure to furnish eTDS statement • Failure to furnish TDS Certificate 271(1)(b) 272A(1) 100 to 300% of tax sought to be evaded 10% of undisclosed income 271(1)(c) 271AAA Rs.50 Lac Equal to amount of loan taken Equal to amount of loan repaid Rs.net/2011/04/tds-rate-chart-11-12-fy-tds-rate-12-13. 10.5% of gross sales Maximum Rs 1. 10. Loans • Failure to keep.000 for each failure • Failure to answer questions or sign statements Rs.net/ Penalties under Income Tax Act Default Non Payment • Tax Payments including Self Assessment Tax Penalty Upto tax in arrear Section 221(1) Failure to Comply • With Notice U/S 143(2) Rs. 10000 Rs. 10000 Rs. Limited to amount of TDS Rs.http://www.simpletaxindia. 25000 0. Toll Plaza Lease and Mine Quarry Lease Tendu Leaves Rate 1 2.000 5.5 1 2 5 http://www.000 1. HUF Invalid Local PAN Authority Nature of payments made to resident Threshold Limit Sec.00.000 1.000 1.000 5.80.000 30.Aggregate during FY 194D Insurance Commission 194H Commission / Brokerage 194 I Rent Rent-Plant / Machinery 194J Professional Fees 194 Dividends 194BB Winnings from horse race 194F Repurchase Units by MFs 194G Commission .Single Transaction Payment to Contractors .net/2011/04/tds-rate-chart-11-12-fy-tds-rate-12-13.000 5.html . 194A Description Interest . other forest produce Scrap Parking Lots.000 1.simpletaxindia.Payable by Others Amount 10.000 30.000 20.Payable by Banks Interest .000 Rate 10 10 30 2 2 10 10 10 2 10 10 30 20 10 10 Rate 10 10 30 1 1 10 10 10 2 10 10 30 20 10 10 Rate 20 20 30 20 20 20 20 20 20 20 20 30 20 20 20 194B Winning from Lotteries / Crossword Puzzle 194C Payment to Contractors .simpletaxindia.Lottery 194LA Immovable Property TCS Rate Chart Description Alcoholic Liquor for human consumption Timber obtained under a forest lease.000 1.000 10. or any other mode.000 75.net/ TDS & TCS Rate Chart Assessment Year 2012-13 TDS Rate Chart Company If No PAN Firm Individual Or Co-op Soc.80.http://www. 60 Lacs (b) All deductions/expenses (including depreciation) shall be deemed to have been allowed. leasing or hiring of trucks (person should not have owned over 10 goods carriages at any time during the previous year) (b)(c) Non-Resident Taxpayer Rate at which income is presumed 8% of gross turnover/ receipts INR 5. INR 4.5% of gross receipts 10% of gross receipts 5% of gross receipts 10% of gross receipts (a) The gross receipts of the taxpayer do not exceed Rs.http://www.000 per month / part of month for each heavy goods vehicle. Business Shipping (b) Exploration of mineral oil (b)(c) Operations of Aircraft (b) Turnkey power projects (b)(c) Rate at which income is presumed 7.simpletaxindia.500 per month / part of month for each light goods vehicle.net/2011/04/tds-rate-chart-11-12-fy-tds-rate-12-13.html . © The taxpayer can claim lower profits.simpletaxindia. if he keeps and maintains specified books of accounts and obtains a tax audit report.net/ Presumptive Taxation: Income Tax All Resident Taxpayers Business (i) Small Business [excluding (ii)] (a)(b)(c)(d) (ii) Plying. Wealth Tax On Value of specified Assets held on 31st March Basic Exemption 1% 30 Lacs http://www. 25 1327.72 10.00 1305.00 1602.00 4 Year and 6 Months 8.13 1713.71 12.40 6.00** NA NA 6.83 13.00* 8 Years NA NA 8 Year and 7 Months NA NA * 7 Years 3 Months ** 7 Years 8 Months 7.net/ Interest Accrual: NSC & KVP Interest Accrual: National Savings Certificate (NSC) Amount of interest (Rs.) accruing on the certificates of Rs.00 4 Years 8. Purchased from 1-3-2002 to 28-2-2003 Rate of Maturity Interest Value Rs.75 8.00 2 Years 7.85 7.20 10.25 7.simpletaxindia.00 7 Years NA NA 7 Year and 6 Months 2000.25 9.00 1382.25 NA NA 1074.00 1672.75 1164.75 1857. 1 Year 7.36 7.40 01-04-1999 & 14-01-2000 11.33 11.75 1209.97 11.85 7.08 Interest Accrual: Kisan Vikas Patras (KVP) Period from the date of certificate to the Date of its encashment Purchased from 1-3-2001 to 28-2-2002 Rate of Maturity Interest Value Rs.00 1195.36 7.75 1770.00 1800.09 14.88 6.40 6.88 6.28 1170.00 5 Year and 6 Months 9.net/2011/04/tds-rate-chart-11-12-fy-tds-rate-12-13.82 1781.30 12.00 1256.67 11.00 http://www.85 - 1065.49 1543.69 15-01-2000 & 28-02-2001 11.25 8.http://www.88 7.10 15.00 3 Year and 6 Months 8.70 22.simpletaxindia.40 6.00 15.00 3 Years 8.58 17.00 5 Years 9.80 16.25 1274.98 13.93 2000.47 01-03-2002 & 28-02-2003 9.80 1355.00 6 Years 9.40 6.90 15.30 1649.00 1439.63 1488.25 7.85 14.00 2000.05 10.75 1079.16 8.25 1644. accrues First Year Second Year Third Year Fourth Year Fifth Year Sixth Year 01-04-1989 & 31-12-1998 12.55 10.75 7.00 2 Years and 6 Months 7.40 13.58 14.35 19.60 17.90 1435. Purchased from 1-3-2003 Rate of Maturity Interest Value Rs.51 1207.75 8.19 1310.75 8.29 01-03-2003 onward 8.75 1409.75 9.83 9.00 1153.25 7.00 1534.54 18.85 7.31 01-03-2001 & 28-02-2002 9.02 1134.23 14.06 1850.75 1470. 100 denominations purchased between The year for which Int.00 1883.17 12.25 1572.36 7.50 19.95 1267.html .00 6 Year and 6 Months 9.51 20.25 8. net/ Depreciation Chart: Income Tax Assessment Year 2012-13 Block Nature of Asset Building Residential building other than hotels and boarding houses Office. rollers in flour mills. factory. (being annual publications) owned by assessees carrying on a profession or books (may or may not be annual publications) carrying on business in running lending libraries Intangible Assets Block-13 Intangible assets (acquired after march 31.11 or 12) and motors cars (other than those used in a business of running them on hire) acquired or put to use on or after April 1. godowns or building . machinery used in semi-conductor industry. copyrights. franchises and any other business or commercial rights of similar nature 15 20 30 40 50 60 80 100 25 http://www. recycling and resource recovery systems. vessels ordinary operating on inland waters including speed boats Block-7 Buses.Any furniture / fittings including electricals fittings Rate of Depreciation 5 10 100 10 Block-1 Block-2 Block-3 Block-4 Block-5 Plant and Machinery Any plant or machinery (not covered by block 6. 1998) .7. trademarks. licences.Know-how. life saving medical equipment Block-9 Containers made of glass or plastic used as refills. patents. moulds used in rubber and plastic goods factories Block-8 Aeroplanes.simpletaxindia.10. sugar works and steel industry Block-12 Air pollution control equipments. new commercial vehicle which is acquired during Jan 1. 2009 and Sept 30. lorries and taxies used in business of running them on hire. 2009 for the purpose of business / profession Block-10 Computers including computer software.net/2011/04/tds-rate-chart-11-12-fy-tds-rate-12-13.9.http://www.html . Block-11 Energy saving devices. renewal energy devices. water pollution control equipments.not mainly residential purpose Temporary erections such as wooden structures Furniture Furniture . 2009 and is put to use before Oct 1. solid waste control equipments.8. 1990 Block-6 Ocean-going ships.simpletaxindia. Books (other than annual publication) owned by a professional. 38 8.L.42 10. • Motor buses and motor lorries other than used in a business of running them on hire • Motor buses. such as dams. Ultrasound Machine. namely. restaurants and boarding houses. scooters and other mopeds • Electrically operated vehicles including battery powered or fuel cell powered vehicles • Machinery used in the manufacture of electronic goods or components • Earth-moving machinery employed in heavy construction works.5 7.html . and for furniture and fittings let out on hire for use on the occasion of marriages and similar functions SS : Single Shift DS : Double Shift TS : Triple Shift W.87 11.42 31.http://www.87 27. canals. motor lorries and motor taxies used in a business or running them on hire • Rubber and plastic goods factories Moulds • Data Processing Machines including computers • Gas cylinders including valves and regulators Furniture and Fittings • General rates • Rate for furniture and fittings used in hotels. Catscan.63 3.62 23.1 16.31 SS 40 18.91 20. meeting halls.31 11.5 http://www. schools.89 20 15.46 11. X-ray and electrotherapeutic apparatus and accessories thereto. medical diagnostic equipments.07 9.M(%) 5 10 100 SS DS TS SS SS SS SS DS TS SS SS 13. libraries.21 6.88 9.82 20 25.V(%) S.34 100 4. welfare centres.D.net/2011/04/tds-rate-chart-11-12-fy-tds-rate-12-13.07 5. etc. colleges and other educational institutions.75 7. cinema houses. • Motor-cars.34 7. theatres and circus.33 25.23 30 30 1.simpletaxindia. motor cycles. tunnels.net/ Depreciation Chart: Companies Act Nature of Assets Land and Building • Buildings (other than factory buildings) • Factory Buildings • Purely Temporary Erections such as wooden structures Plant and Machinery • plant and machinery (not being a ship) other than continuous process plant for which no special rate has been prescribed • Electrical Machinery. ECG Monitors.simpletaxindia. simpletaxindia.00.000 and above but below Rs 5.00.00. 500 Rs 50 Date 30/09/2011 Q1 15/07/2011 21/07/2011 14/08/2011 Q2 15/10/2011 21/10/2011 14/11/2011 Q3 15/01/2012 21/01/2012 14/02/2012 Q4 15/04/2012 21/04/2012 15/05/2012 30/05/2012* * if company opts not to publish unaudited financial result for Q4 then 30/06/2012 http://www.html .000 and above For Form 1A Form 1A Application Fee Inspection Fee Additional Fees For Delayed Filing Delay Upto 30 Day More than 30 days and upto 60 days More than 60 days and upto 90 days More than 90 days Addl.000 and above but below Rs 25.http://www.00.000 Rs 5. 200 Rs.net/2011/04/tds-rate-chart-11-12-fy-tds-rate-12-13. Fee 2 Times 4 Times 6 Times 9 Times Fees Rs. 500 Rs. 300 Rs.net/ ROC Compliance Compliance By Listed Companies Filing with Stock Exchange Corporate Governence Report Distribution Schedule filing Unaudited Financial Results Audited Yearly Financial Results Compliance By All Companies Compliance Last Day for convening AGM File copies of Annual Accounts with ROC within 30 days of AGM Filing of Annual Return with ROC within 60 days of AGM Filing Fee Compliance For All documents (except Form 1A) Rs 1.000 Rs 25.simpletaxindia.00. 50 1. st http://www.net/2011/04/tds-rate-chart-11-12-fy-tds-rate-12-13. • 11th Nov. • PF Form 3A / 6A in April.01% of Basic+DA or Max Re 0.http://www. Tax NIL 20 80 150 200 • Quarterly eTds statement.5% of Basic+DA or Max Rs.Payment of ESIC. eTDS Form 24Q filing Qtr Quarter Ending Q1 June Q2 Sept Q3 Dec Q4 March Due Date Jul-15 Oct 15 Jan-15 May-15 • 21 .75% of Wages Admin Charges 1.simpletaxindia.1% of Basic+DA 0.33% or Max Rs. • PF Deposit.net/ PF. 541 for Pension Fund 0.PF Form 5/10/12A • 12th May . 2999 3000 to 5999 6000 to 8999 9000 to 11999 12000 and above Prof.simpletaxindia. ESIC & Payroll Compliance Type PF PF EDLI ESIC ESIC PF EDLI Description Contribution 12% of Basic+DA 12% of Basic+DA of which 8.75% of Wages 4. • 25th .html .65 Responsibility Employee Employer Employer Employee Employer Employer Employer Profession Tax . 32. • Payment of Profession Tax 15 / 3031 • Issue of TDS certificate in May.ESIC Form 5.ESIC Form 5.Gujarat Salary Upto Rs. . 06 % 4.03.2004 to 31.60 Lacs) Table for Works Contract Rate Period 01.2004 15 % p.m. Due Date 25th of October (31st October for Input Service Distributors) 25th of April (30th April for Input Service Distributors) Table of Rates of Interest Period Rate of Interest 01. * With effect from July 1.07.30% Basic Exemption Limit No Limit Rs. whichever is earlier.02. 24.04.2002 to 09. on service provided or invoice issued or value realized.http://www.2001 1. 8 Lakhs Rs. and part thereof 16.12 % http://www.2011 onwards 18 % p.net/2011/04/tds-rate-chart-11-12-fy-tds-rate-12-13.2002 24 % p.04. 10.06.08.net/ Service Tax Compliance Basic Exemption Limit Chart Period Before 01-04-2005 01-04-2005 to 31-03-2007 01-04-2007 to 31-03-2008 01-04-2008 onwards Rate Of Service Tax Period 18.07.m.(for assessees having turnover upto Rs.2006 to 23.simpletaxindia.02.2007 to 28-02-2008 01-03-2008 to till date Rate of Tax 2.2011 13 % p.2009 onwards Service Tax 12% 10%.00 p. Half-yearly Return In Form ST-3 Period April to September October to March Revision of Form ST-3 ST-3 form can be revised and submitted again within 90 days from the date of filing of original return. 01.2011.m. EC 2% 2% SHEC 1% 1% Net Rate 12. Trust & Socities Value Realized* March Other months Due Date 31st March 5th of succeeding month If e-Payment is done then effective due date will be 6th of the succeeding month/quarter till 8.m. 15 % p. Proprietorship.36% 10.m.m.2001 to 15.html .09.5 % p.m. Partnership Value Realized* April to June July to September October to December January to March Due Date 5 July 5th October 5th January 31st March th Corporate Entities.2009.07.09.08.simpletaxindia.1994 to 15. 4 Lakhs Rs. 16. 10 Lakhs Payment Of Service Tax Using Challan GAR-7 Individual. with incorrect or incomplete details or fails to account for an invoice in his books of account Penalty for contravention of any provision for Not exceeding Rs 10. maintain or retain books of Upto Rs 10. whichever is (ii) procedure documents called for by a Central higher. Failure to keep. Assessee fails to pay service tax electronically Upto Rs 10.000 or Rs 200 per (i) furnish information called by an officer. maximum upto 25% if all dues paid before notice : Sec 73 (4A) (b) 25% of tax if all durs paid within 30 days of issuance of notice (90 days for small assessees) : Proviso to Sec 78 ^ No mitigation • Over and above the penalties.net/ Penalties : Service Tax Section 70 Nature of default Fees for late filing of Return.000 provisions of the Act or rules made thereunder.net/2011/04/tds-rate-chart-11-12-fy-tds-rate-12-13. when issued with a summon for appearance to give evidence or to produce a document in an inquiry. or day till failure.000 Failure to pay service tax 1% of the tax p.simpletaxindia. 100 for each day but not exceeding Rs.simpletaxindia.html .http://www. Delay upto 15 days Delay of more than 15 and upto 30 days Delay of more than 30 days Amount of penalty 76 77 77 77 77 77 77 78 Rs. whichever is higher. department has now the power of prosecution also.000 which no penalty is provided Penalty for suppressing value of taxable 50% of tax amount service (If records captured are true**) 100% of tax amount (If not recorded in books^) * Totally mitigated if tax and interest paid before issue of notice : Sec 73(3) ** Mitigation (a) 1% per month. 20. or (iii) appear before the Central Excise Officer. 500 Rs. 1000 + Rs.000 or Rs 200 per registration certificate and payment of service tax day till failure.m. http://www. or Rs 100 per day limited to 50% of tax* Penalty for default in obtaining Service Tax Upto Rs 10. 1000 Rs. Excise Officer.000 Assessee issues invoice in accordance with Upto Rs 10.000 account and other documents required Assessee fails to : Upto Rs 10. http://www. 2011 05th April. 2011 05 April.. Service Provided on 07th July.9 % on Market Value No Surcharge Power of Attorney Rs.9 % on Market Value 1% Surcharge on Market Value For Female Registrants 4. 2011 : Service Tax Determination of Point of Taxation Sr. 2. 5. 2011 10th Sep. 2011 th Payment Received on 10th Aug.Gujarat Stamp Duty Rate For Leave & Licence Agreement Particulars Rate of Duty Leave & Licence Lease Agreement For 1 Year For 2 & 3 Years Above 3 Years 0.simpletaxindia. 2011 07th July.4 % of Average Rent 2. 1. 2011 05th April.8 % of Average Rent 4. 2011 05th April. 100/- http://www. 2011 10 Aug.. 2011 Stamp Duty . 2011 th Point of Taxation 07th July. 2011 05th May..7% of Average Rent 1.net/2011/04/tds-rate-chart-11-12-fy-tds-rate-12-13.9 % of Average Rent Sale Deed of Commercial or Residential Property Particulars Rate of Duty For Male Registrants 4. 2011 05th April.simpletaxindia. 2011 10th April. 2011 05th April. 2011 07th July. 2011 07th July. 4. 2011 th Invoice Issued on 10th July. 2011 07 July.. 2011 10th Aug. No.html . 3.net/ Point Of Taxation Rules. 2011 07th July. net/2011/04/tds-rate-chart-11-12-fy-tds-rate-12-13. N.000 Dealers liable to VAT Audit Dealers not liable to GVAT Audit 22nd day after end of the Quarter N. (ii) dealers engaged in export and / or import. GVAT / CST Returns Description GVAT Return General Specific Dealers under composition scheme and entire turnover is under composition Dealers executing works contract . Anne . 201A. 205A III-E.simpletaxindia.Gujarat Due Date for Payment of GVAT and Filing of GVAT Return Periodicity Monthly Criteria GVAT paid more than Rs. 202A Form 205. (iii) dealers liable to Audit. 201C Form 202. (iv) dealers having turnover Rs.A. (v) dealers dealing in SEZ in current or previous financial year.net/ VAT . 60. 202A Form 202.5. 60. 202A Form 202.000 (ii) 40th day after end of the Month if GVAT payable is more than Rs.5% part of a month Between Actual Date of payment and Due Date E payment of GVAT is compulsory for dealers whose GVAT payment exceeds Rs. 201B. 217 GVAT Audit Mandatory if sale or purchase Due Date Form No Interest For Delayed Payment Rate of interest Period of Interest 1. Form 201.html .5.000 45th day after the end of the Quarter 31st December after end of the financial year 30th June after end of the financial year Quarterly Annualy GVAT paid upto Rs.I & II Form 207 Exceeds 1 Crore 31st Janunary Form No.A.simpletaxindia. http://www.50 Lakh or more.000 Due Dates for Payment of GVAT 22nd day after end of the Month Due Dates for Filing Returns (i) 30th day after end of the Month if GVAT payable is less than Rs. 10 lacs either in previous year or in current year E-filing of GVAT return is mandatory for (i) dealers engaged in interstate sales and / or purchases.http://www.Part or Full and opted for lump sum permission Engaged in activity of transfer of the rights to use any goods and opted for Lump sum permission Annual Return CST Return GVAT Payment Challan Form No. net/ Due Dates Chart For Financial Year 2011-12 Mon Payment Quarterly Filing of Advance Payment Service GVAT PF ESIC of TDS Income Tax of Service Tax Payment Payment Payment TDS Return Tax Return Payment Tax Return 30 7 7 7 7 7 7 7 7 7 7 7 15 15 15 15 31 30 30* 15 15 15 15/31 5 5 5 5 5 5 5 5 5 5 5/31 25 25 21 21 21 21 21 21 21 21 21 21 21 21 15 15 15 15 15 15 15 15 15 15 15 15 22 22 22 22 22 22 22 22 22 22 22 22 April May June July August September October November December January February March *For Companies required to file report u/s 90E Excise Duty: Periodical Returns Form ER-1 ` ER-2 ER-3 ER-4 Description Monthly Return By Large units Return by EOU Quarterly Return by SSI Annual Financial Information Statement Who is required to file Manufacturers not eligible for SSI concession EOU units Assessees availing SSI concession Assessees paying duty of Rs. through PLA & CENVAT Assessees paying duty of Rs.simpletaxindia.a. 10th of following mth. by 30th April current year ER-5 Information relating to Principal Inputs ER-6 Monthly Return of receipt & consumption of each of Principal Inputs ER-7 Annual Installed Capacity Statement Quarterly return by first and second stage dealers 10th of following mth.html . Annually. 10th of following qtr.http://www. by 30th November of succeeding year Annually.simpletaxindia.net/2011/04/tds-rate-chart-11-12-fy-tds-rate-12-13. 1 crore or more p. 30th April of the following year 15th day of following quarter http://www. 1 crore or more per annum through PLA & CENVAT and manufacturing goods under specified tariff heading Assessees required to submit ER-5 return All Manufacturers Registered Dealers Time limit 10th of following mth. 10.000 and every designated partner of such LLP shall be punishable with fine which shall not be less than Rs 10. 1956 shall apply accordingly Not less than Rs.000 but which may extend to Rs 1. Shall not be less than Rs. 5. Change of Name LLP may change its name registered with the ROC by filing e-form 5.00. 5. Annual Compliances Head Compliance Penalty for Non Compliance Statement of Accounts & Solvency Shall file within a period of six months from the end of every financial year.00. 500 per day during which the default continues.00.000.000 but may extend to Rs.000 and every designated partner of such LLP shall be punishable with fine which shall not be less than Rs 10.00.000 and with a further fine which may extend to Rs 50 per day.000 but days of the appointment may extend to Rs.000 Annual Return Annual Return to the ROC with LLP shall be punishable with fine shall not be in sixty days of closure of the less than Rs 25.simpletaxindia. 5.net/2011/04/tds-rate-chart-11-12-fy-tds-rate-12-13. Prepare and file a Statement of Account and Solvency with the ROC.000.000 but shall not be less than Rs.000 but may extend to Rs 5.00.000 but which may extend to Rs.html . incase of continuous contravention further Rs. 10.00.000 but which may extend to Rs financial year.net/ LLP Compliances & Penalties Regular Compliances Head Compliance Penalty for Non Compliance Minimum number of Designated Partners Designated Partners Identification Number (DPIN) Consent and Particulars of Designated Partners At least 2 partners who would be designated partners All the provisions of sections 266A to 266G of the Companies Act.000.http://www. Shall not be less than Rs 25.000 but may extend to Rs 5.simpletaxindia. File e-form 4 with ROC in 30 Not be less than Rs. 1. 1. 5. 10.00. Change of Registered File the notice of any Office change in registered office with the ROC in e-form 4. 1.000 May extend to Rs. May extend to Rs.000 http://www.00. in/ http://www.net/2011/04/tds-rate-chart-11-12-fy-tds-rate-12-13.xbrl.gov.aces.simpletaxindia.rbi.incometaxindiapr.org/in Service Tax Corporate Law Supreme Court RBI Ministry of Finance Provident Fund ESIC Gujarat VAT Central Board of Customs Directorate General Official Web Site of Foreign Trade Right to information Official Web Site Central Vigilance Commission XBRL International XBRL India Official Web Site Official Web Site Official Web Site http://www.in/ http://www.mca.gov.in/ http://www.epfindia.incometaxindia.gujarat.http://www.in http://www.in/ http://www.org.in/ http://www.llp.nic.in/ http://www.in/ http://www.in/ https://incometaxindiaefiling.servicetax.nic.gov.org.in/ http://www.tin-nsdl.gov.xbrl.gov.cvc.nic.htm http://www.nic.rbi.in/ http://www.gov.esic.nic.gov.gov.commercialtax.cbec.in/home.rti.net/ Useful Web Sites Area Income Tax Description Official Web Site e-Filing Services To Tax Payer Tax Information NetWork ITAT Official Web Site E-Filing MCA LLP Official Web Site Official Web Site Ombudsman Banking Official Web Site Official Web Site Official Web Site Official Web Site Official Web Site website http://www.supremecourtofindia.in http://www.in/ http://www.nic.in/ http://www.gov.in/bo/compltindex.finmin.in http://www.in/ http://www.aspx http://secweb.in/ http://www.html .gov.gov.simpletaxindia.org http://www.com/ http://itat.dgft.