19

INCOME-TAX

Due Date             Particulars           Challan/Form No

02/03/2019         Furnishing of challan-cum-statement in respect of TDS under section 194-1A/1B               26QB/26QC

07/03/2019         Deposit of tax deducted or collected at source   ITNS-281

15/03/2019         Last installment of advance income tax  ITNS-280

17/03/2019         Issuance of TDS certificate for tax deducted under section 194-1A/1B     16B/16c

30/03/2019         Furnishing of challan-cum-statement in respect of TDS under section 194-1A/1B               26QB/26QC

GST

Due Date             Particulars           Challan/Form No

11/03/2019         Monthly Statement of Outward Supply (Turnover exceeding Rs. 1.50 Crore)       GSTR -1

20/03/2019         Monthly Consolidated Return for the previous Month   GSTR-3B

EPF & ESI Act

Due Date             Particulars

15/03/2019         Deposit of EPF & ESI Contribution

Last day of month – Due Date for Payment and e-return filing of Monthly PTRC.

Tax Rates for Assessment year 2019-2020

(1)          where the total income does not exceed Rs. 2,50,000     Nil

(2)          where the total income exceeds Rs. 2,50,000 but does   5% of the amount by which the total income

                not exceed Rs. 5,00,000                exceeds Rs. 2,50,000

(3)          where the total income esceeds Rs. 5,00,000 but does   Rs. 12,500 plus 20% of the amount by which

                not exceed Rs. 10,00,000              the total income exceeds Rs. 5,00,000

(4)          where the total income exceed Rs. 10,00,000     Rs. 1,12,500 plus 30% of the amount by which

                                the total income exceeds Rs. 10,00,000

“If you think compliance is expensive, try non-compliance”  — Parashar Lohia, Chartered Accountant