There are 5 most essential tax dates that one ought to mark of their calendars, in order to make their enterprise extra organised and related and most significantly in compliance all months. January 7: Due date for deposit of tax which is both collected or deducted for the month of December 2016: that is the date when all of the taxes which have been collected or deducted and, the sum so collected, by the workplace of a authorities shall be credited to the account of central authorities on the identical day. This could truly be saved as a reminder to pay the TDS for the interval of October 2016 to December 2016 when such quarterly taxes are deposited below Part 192 , 194A , 194D , or 194H . January 14 : Due date for situation of the TDS certificates: By January 14th , the assessing officer shall situation a tax deducted at supply (TDS) certificates below the part 194-IA within the month of November 2016. January 15: Due date to furnish kind 24G: by this date the officers shall furnish the shape 24G by an workplace of the federal government the place the TDS of the month of December 2016 has been paid with out producing the challan. Although each on-line vendor has a gross sales tax submitting due date all through January. One shall be sure that, that they verify dates and filings of every states, since its completely different in each state. January 30 due date to gather quarterly TCS certificates , deposit challan cum assertion , deposit TDS for the interval of January 2017 to march 2017: From this date the periodic fee of taxes start. And on this date one must pay taxes of the evaluation yr for submitting digital and different paper tax returns for the tax yr. As a matter of reality , it’s anticipated that as many as round 153 million tax returns to be filed in 2017.On this date the quarterly TCS certificates is collected by the assessing officers and in addition the due date to submit and furnish the TDS for the interval of January 2017 – march 2017 every time the assessing officer has permitted the quarterly deposit of TDS below part 192 , 194A , 194D or 194 and it’s also the final date of the submission or furnishing of the financial institution challan below the part 194-IA within the month of December 2016.
January 31: quarterly assertion of TDS that has been deposited for the tip of the quarter of December 2016: – It is the due date of furnishing the quarterly return of non-deduction at a supply by a banking firm from curiosity on time and in addition the date for submitting the financial institution transactions or the submit places of work in respect to the money deposits made through the interval of November 2016 to December 2016 aggregating to :- (i) Rs. 12,50,5000 or extra, in a number of present account of an individual: or (ii)Rs. 2,50,000 or extra , in a number of accounts. (iii) Money deposits made through the interval of 1st April, 2016 to ninth November, 2016 within the respective accounts. And there are specified extensions for such dates which shall be as deemed by the involved authorities. All the above talked about dates are the essential dates that the assesses have to adjust to within the month of January.