Nov
13
Wed
GSTR-6 by Input Service Distributor
Nov 13 all-day

Monthly Return for an Input Service Distributor in Form GSTR-6.

Penalty:- Late fee of Rs. 200 per day of delay (Rs. 100 per day of delay for NIL return) subject to the maximum cap in the late fees at Rs. 5,000.

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Nov
15
Fri
Employees State Insurance Act – Return
Nov 15 all-day

The Establishment should send return of contributions in quadruplicate along with receipted copies of challans for the amounts deposited in the Bank, by registered post or messenger, in respect of all employees for whom contributions are payable in a contribution period.

Format:

Form 5/ Online

Penalty:

When Employer fails to pay contribution within lawful time period, Simple Interest of 15% pa for every day’s default.

Employees Provident Fund – Monthly Return
Nov 15 all-day

The Employee Provident Fund return must be filed by all entities having Provident Fund registration every month. The employer shall file the monthly challan-cum-return through the online / employer e-sewa scheme.

Format:

ECR

Penalty:

If an employer fails or refuses to submit any return or submits a false return he shall be punishable with imprisonment,which may extend to one year or with fine which maybe extend to 5000 or with both.

Form 16A – TDS certificate
Nov 15 all-day

Quarterly TDS certificates (in respect of tax deducted for payments other than salary) for each quarter.

These certificates provide details of TDS for various transactions between deductor and deductee. It is mandatory to issue these certificates by Tax Payers in Form 16A to Deductee’s.

This TDS certificate should be generated only from TRACES stands for TDS Reconciliation Analysis and Correction Enabling System by the Income Tax department. The Deductor can digitally sign the TDS certificate using the digital signature.

Penalty:- A penalty of Rs. 100 is leviable for each day during the period for which default continues. The quantum of penalty is not to exceed the tax deductible.

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GSTR-2 for inward supplies
Nov 15 all-day

Monthly statement of inward supplies of taxable goods and/or services by the Registered Taxable Recipient in Form GSTR-2.

Note:- Implementation deferred

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Gujarat Professional Tax – Monthly Return
Nov 15 all-day

Every employer registered shall furnish to the prescribed authority with fifteen days of the expiry of a previous month, a return in Form 5.

Format:

Form 5

Penalty:

Where an employer has without reasonable cause failed to file such return within the required time, the prescribed authority may, after giving him a reasonable opportunity of being heard, impose upon him a penalty not exceeding Ten rupees for each day of delay.

Nov
20
Wed
GST payment & File GSTR-3B
Nov 20 all-day

Monthly return of summary of outward and inward services to be filed by registered taxpayer on the basis of finalization of details of outward supplies and inward supplies along with the payment of amount of GST in form GSTR-3B

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Pay GST and File GSTR -3B
Nov 20 all-day

Monthly return of summary of outward and inward services to be filed by registered taxpayer on the basis of finalization of details of outward supplies and inward supplies along with the payment of amount of GST in form GSTR-3B

Nov
30
Sat
Annual return of income
Nov 30 all-day

Annual return of income by an assessee if he/she/it is required to submit a report under section 92E pertaining to international or specified domestic transaction(s) in ITR 6/ ITR 7 (as applicable).

Penalty:- A penalty of Rs 5000 will be applicable for returns filed after the due date of 31st July but before 31st December of the relevant assessment year.  In case an income tax return is filed after 31st December, a penalty of Rs.10,000 will be applicable. For assesses with a taxable income of upto Rs.500,000, a reduced penalty of Rs.1000 will be applicable.

In some cases, where the taxpayer has willfully and deliberately failed to file income tax return action can be initiated under Section 276CC of the Income Tax Act. The penalty under Section 276CC for late filing of income tax return where the amount of tax payable or evaded is more than Rs.25000 is imprisonment of 6 months to 7 years and a fine. In all other cases prosecuted under Section 276CC, the penalty would be 3 months to 3 years of imprisonment with fine.

Whenever the income tax return is not filed on or before the due date, the taxpayer would be required to pay interest at 1% for every month or part of a month where there was a delay in filing tax return.

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Assam Professional Tax Act – Return
Nov 30 all-day

Every employer shall furnish a monthly return in the prescribed form before the expiry of the 30th day of each month in the prescribed format.

Format:

Form III

Penalty:

An employer, without reasonable cause, fails to file such return within the prescribed time, the assessing authority may, after giving him a reasonable opportunity of being heard, impose upon him a penalty not exceeding rupees five for each day of delay.