Author: CA Tarannum Khatri

Last date of filling tds return extended for some states

Last date of TDS return for Quarter 2, 2014-15 extended: Last date for filling TDS return is extended for the states -jammu kashmir, Andhra pradesha, oddissa and telangana. Last date for filling TDS return was 31 october for government deductors. But it is extended to 7th November, 2014. Similarly last date for filling TDS return for non government deductors was 15th october. It is also extended up to 31st october, 2014. Reason for extension: Reason for extension is natural calamities in the states. Relief in penalty: As due date is extended, there is relief to people of those states for late filling penalties. The deductor can file return up to last date without...

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Point of taxation rules ( POT rules) : The ultimate guide with example

Service tax rate is changed from 12.36% to 14%. To determine service tax liability on or after change of rate, point of taxation rules of service tax plays the main role. We all know that service tax should be paid by 6th of following month when service is deemed to provided.So which rule decides when is service deemed to be provided? of course, POT rules. Point of taxation rules use: It decides taxable event date and due date of payment of service tax. As per rule 6(1) of service tax rules, service tax shall be deemed to paid to...

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service tax e payment easy steps

service tax e payment notification : As per notification number 9/2014 of service tax, with effect from 1st october, 2014, every assessee has to pay service tax electronically. So now it is mandatory to pay service tax online. The assessee can pay service tax by any other mode than internet banking with permission of assistant commissioner or deputy commissioner of Central Excise. (download notification no. 9/2014 from end of the post) Due date of service tax e payment: Last date of service tax e payment is 6th of following month when service is provided.For the month of march, last...

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Online tds payment

The CBDT has extended due date (last date) for payment of TDS for the month of September, 2014. Today is the last date. TDS can be paid by offline or you can do online TDS payment.   How to make online tds payment? If you have software for tds return, there is no much worry because software gives all facilities from tds calculation to tds payment and filling of tds return. If you don’t have, no need to worry. You can do e payment of tds very easily.   Due date for payment of tds: TDS deducted during the...

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Current service tax rate chart for year 2014-15

Presenting current service tax rate chart for year 2014-15. You can find service tax rate chart 2015-16 with amended rate 14% here.- LINK. The new rate is applicable from june 1, 2015. Service tax is indirect tax levied on service provided. Service tax is charged at various rates due to availability of exemptions and abatements on various services. Use this chart to decide service tax rate applicable to you. There is change in service tax rate from 12.36% to 14% in budget 2015-16. Read following posts,  budget highlights: service tax  When will new service tax rate 14% be applicable?...

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