Professional Documents
Culture Documents
CONTENTS
1. SLAB RATES
2. DUE DATES
3. MINIMUM ALTERNATE TAX
4. ALTERNATE MINIMUM TAX
5. CHAPTER VI A DEDUCTIONS
6. INCOME TAX FORM DETAILS
RATES
Nil
10%
Above Rs.
10,00,000/-
Above Rs.
10,00,000/-
20%
30%
A surcharge of 10 per cent of the total tax liability is applicable where the total
income exceeds Rs 1,00,00,000.
Education cess is applicable @ 3 per cent on income tax, inclusive of surcharge if there
is any.
1) For domestic companies having taxable income less than INR 1 crore (10 million):
Income is taxed at a flat rate of 30% with a 3% education cess.
2) For domestic companies having taxable income more than INR 1 crore (10 million):
Income is taxed at a flat rate of 30% with a 5% surcharge on tax and 3% education cess
on tax.
3) For domestic companies having taxable income more than INR 10 crore (10 million):
Income is taxed at a flat rate of 30% with a 10% surcharge on tax and 3% education cess
on tax.
4) For foreign companies:
a) Income is taxed at a flat rate of 50% with a 3% education cess in case of royalties
received from government and also fees for rendering technical services received from
government.
b) Income is taxed at a flat rate of 40% with a 3% education cess in case of other
situations.
Surcharge:
Taxable income more than INR 1 crore with a 2% surcharge on tax.
Taxable income more than INR 10 crore with a 5% surcharge on tax.
2. DUE DATES
S.No.
Particulars
TDS Monthly
remittance
Form Applicable
ITNS 281
2.
TDS Quarterly
returns
24Q salaries
26Q - Others
27Q - Other than
salary to NORs
3.
26QAA
4.
Tax Collected at
Source
27EQ - Quarterly
5.
Annual Information
Return (AIR)
Respective Return
Forms
1.
Due date
7th of each month succeeding the
month of deduction except for March
month. March month due date is 30th
April
Quarter ended June - 15thJuly,
Quarter ended Sept. - 15th October,
Quarter ended Dec - 15th January,
Quarter ended Mar - 15th May
Quarter ended June - 31st July
Quarter ended Sept - 31st October
Quarter ended Dec - 31st January
Quarter ended Mar - 30th June
Quarter ended June - 15th July
Quarter ended Sept - 15th October
Quarter ended Dec - 15th January
Quarter ended Mar - 15th
May
31st August
6.
7.
8.
Returns of Incomes
- Companies other
than those claiming
exemption under
Sec 11
Non corporate
Business assessee
who need their
accounts audited
- Working partner
of a firm whose
accounts need to be
audited
- Any other non
corporate assessee
- Non Corporate
Assessee having no
Business Income
-Charitable trusts of
section 25
companies claiming
exemption U/s 11
Advance tax - For
Companies
- 1st Installment
- 2nd Installment
- 3rd Installment
- 4th Installment
Advance tax - For
Other Assessees
- 1st Installment
- 2nd Installment
- 3m Installment
ITR-6
30th September
ITR 3,4 or 5
30th September
ITR3
30th September
ITR 3,4 or 5
31st July
ITR 1 or 2
31st July
ITR7
30th September.
ITNS 280
June 15th - 15%
September 15th - 45%
December 15th - 75%
March 15th - 100%
ITNS - 280
September 15th - 30%
December 15th - 60%
March 15th - 100%
DUE DATES
NATURE
Rs.
Net Profit as per P & L A/c as per Part II & III of Schedule VI
Rs.
xxxxx
xxx
xxx
xxx
xxx
xxx
xxx
xxx
xxxx
xxx
xxx
xxx
xxx
xxx
xxx
xxx
xxx xxxx
xxx
xxxxx
Computation:
Step 1: Compute the adjusted total income
Adjusted total income = Total income before giving to provisions of chapter XII-BA +
deductions claimed under any section (other than section 80P) included in Chapter VI-A
under the heading "C - Deductions in respect of certain incomes" + deduction claimed
under section 10AA.
Step 2: Compute the alternative minimum tax
AMT = Adjusted total income * 18.5%
Step 3: Compute the regular income tax
Regular income tax = Income tax payable with the provisions of the income tax Act other
than the provisions of Chapter XII- BA.
Step 4: Compute the tax liability
where the regular income-tax payable for a previous year by a person (other than a
company) is less than the alternate minimum tax payable for such previous year, the
adjusted total income shall be deemed to be the total income of such person and he shall
be
liable
to
pay
income-tax
on
such
total
income
@
18.5%.
5. CHAPTER VI A DEDUCTIONS
SECTION
NATURE OF DEDUCTION
REMARKS
80D
80DD
80E
80G
80GG
Deduction of Rs.50,000/- to an
individual who suffers from a
physical disability(including
blindness) or mental retardation.
80U
The individual is a person with severe
disability, deduction of Rs.1,00,000/shall be available u/s 80U.
80TTA
FORM NO.2B
FORM NO.3AA
FORM NO.3AAA
FORM NO.3AC
FORM NO.3AD
Audit report under section 35D(4)/35E(6) of the Income- tax Act, 1961
FORM NO.3AE
FORM NO.3BA
FORM NO.3BC
FORM NO.3C
Audit report under section 44AB of the Income-tax Act, 1961 in a case where the
accounts of the business or profession of a person have been audited under any
other law
Audit report under section 44AB of the Income-tax Act, 1961, in the case of a
person referred to in clause (b) of sub-rule (1) of rule 6G
Statement of particulars required to be furnished under section 44AB of the
Income-tax Act, 1961
Audit Report under sub-section (2) of section 44DA of the Income-tax Act, 1961
Application form for approval under sub-section (1) of section 35CCC of the
Income-tax Act, 1961
Form for notification of agricultural extension project under sub-section (1) of
section 35CCC of the Income-tax Act, 1961
Application form for approval under sub-section (1) of section 35CCD of the
Income-tax Act, 1961
Form for notification of skill development project under sub-section (1) of
section
Report of an accountant to be furnished by an assessee under sub-section (3) of
section 50B of the Income -tax Act, 1961 relating to computation of capital gains
in case of slump sale
FORM NO.3CA
FORM NO.3CB
FORM NO.3CD
FORM NO.3CE
FORM NO.3CO
FORM NO.3CP
FORM NO.3CQ
FORM NO.3CR
FORM NO.3CEA
FORM NO.3CEB
FORM NO.3CEC
FORM NO.3CED
FORM NO.3CEE
FORM NO.3CEF
Form for making the reference to the Commissioner by the Assessing Officer u/s
FORM NO.3CEG
144BA(1)
Form for returning the reference made under section 144BA
FORM NO.3CEH
FORM NO.3CEI
FORM NO.3CEFA
FORM NO.3CF
FORM NO.3CH
FORM NO.3CI
FORM NO.3CJ
FORM NO.3CK
FORM NO.3CL
FORM NO.3CN
FORM NO.4
FORM NO.5
Statement of particulers for purposes of section 33A relating to (a) planting of tea
bushes on land not planted at any time with tea bushes or on land which had
been previously abandoned; (b) replanting of tea bushes in replacement of tea
FORM NO.5A
bushes that have died or have become permanently useless on any land already
planted
Application for notification of a zero coupon bond under clause (48) of section 2
of the Application for notification of a zero coupon bond under clause (48) of
section 2 of the Income-tax Act, 1961
FORM NO.5B
FORM NO.6B
FORM NO.7
FORM NO.10
FORM NO.10AA
FORM NO.10B
FORM NO.10BA
FORM NO.10BB
FORM NO.10BC
FORM NO.10C
FORM NO.10CC
FORM NO.10CCA
FORM
NO.10CCAA
FORM
NO.10CCAB
FORM
NO.10CCABA
FORM
NO.10CCAC
FORM
NO.10CCAD
FORM
NO.10CCAE
FORM
NO.10CCAF
FORM
NO.10CCAG
FORM
NO.10CCAH
FORM
NO.10CCAI
FORM NO.10CCB
FORM
NO.10CCBA
FORM
NO.10CCBB
FORM
NO.10CCBC
FORM NO.10CCC
FORM NO.10CCD
FORM NO.10CCE
FORM NO.10CCF
FORM NO.10DA
FORM NO.10DB
FORM NO.10DC
FORM NO.10E
FORM NO.10F
FORM NO.10FA
FORM NO.10FB
FORM NO.10FC
FORM NO.10G
FORM NO.10H
Form of certificate under second proviso to section 80-O of the Income-tax Act,
1961
FORM NO.10HA
FORM NO.10I
Certificate of the medical authority for certifying person with disability, severe
disability, autism, cerebral palsy and multiple disability for purposes of section
80DD and section 80U
FORM NO.10IA
Application for registration of a firm for the purposes of the Income-tax Act,1961 FORM NO.11
Application for registration of a firm for the purposes of the Income-tax Act,1961 FORM NO.11A
Declaratiion under section 184(7) of the Income-tax Act,1961 for continuation of
registration
Communication under clause (b) of Explanation below section 185(1) of the
Income -tax Act, 1961, regarding partner who is benamidar
Form for furnishing details of income u/s 192(2) for the year ending 31st
March,....
Statement showing particulars of perquisites, other fringe benefits or amenities
and profits in lieu of salary with value thereof
Application by a person for a certificate under section 197 and/or 206C(9) of the
Income-tax Act, 1961, for no deduction/collection of tax or deduction of tax at a
lower rate
Application by a banking company for a certificate under section 195(3) of the
Income-tax Act, 1961, for receipt of interest and other sums without deduction of
tax
Application by a person other than a banking company for a certificate under
section 195(3) of the Income-tax Act, 1961, for receipt of sums other than interest
and dividends without deduction of tax of tax
Declaration under sub-sections (1) and (1A) of section 197A of the Income-tax
Act, 1961, to be made by an individual or a person (not being a company or a
firm) claiming certain receipts without deduction of tax of tax
Declaration under sub-section (1C) of section 197A of the Income-tax Act, 1961,
to be made by an individual who is of the age of sixty-five years or more
claiming certain receipts without deduction of tax
Declaration for non-deduction of tax at source to be furnished to contractor
under the second proviso to clause (i) of sub-section (3) of section 194C by subcontractor not owning more than two heavy goods carriages/trucks during the
Financial Year
FORM NO.12
FORM NO.12A
FORM NO.12B
FORM NO.12BA
FORM NO.13
FORM NO.15C
FORM NO.15D
FORM NO.15G
FORM NO.15H
FORM NO.15I
Particulars to be furnished by the Contractor under the third proviso to clause (i)
of sub-section (3) of section 194C for the Financial Year
(Assessment
FORM NO.15J
Year
)
Information to be furnished for payments, chargeable to tax, to a non-resident
FORM NO.15CA
not being a company, or to a foreign company
Certificate of an accountant
Certificate under section 203 of the Income-tax Act, 1961 for Tax deducted at
source on Salary
Certificate under section 203 of the Income-tax Act, 1961 for Tax deducted at
source
Certificate under section 203 of the Income-tax Act, 1961 for tax deducted at
source
Statement of tax deducted at source from contributions repaid to employees in
the case of an approved superannuation fund
Annual return of Salaries under section 206 of the Income-tax Act, 1961 for the
year ending 31st March,_
TDS/TCS Book Adjustment Statement
Quarterly statement of deduction of tax under sub-section (3) of section 200 of
the Income-tax Act, 1961 in respect of salary for the quarter ended
June/September/December/March (tick which ever applicable)...(year)
Annual Return of deduction of tax under section 206 of Income-tax Act, 1961 in
respect of all payments other than Salaries for the year ending 31st March,_
Form for furnishing accountant certificate under the first proviso to sub-section
(1) of section 201 of the Income-tax Act, 1961
Form to be filed by the deductor, if he claims refund of sum paid under Chapter
XVII-B of the Income-tax Act, 1961
Annual Return of deduction of tax under section 206 of Income-tax Act, 1961 in
respect of all payments other than Salaries for the year ending 31st March,_
Quarterly statement of deduction of tax under sub-section (3) of section 200 of
the Income-tax Act, 1961 in respect of all payments other than Salary for the
quarter ended June/September/December/March (tick whichever
applicable)...(year)
Particulars required to be maintained for furnishing quarterly return under
section 206A
Challan cum statement of deduction of tax under section 194-IA
FORM NO.15CB
FORM NO.16
FORM NO.16A
FORM NO.16B
FORM NO.22
FORM NO.24
FORM NO.24G
FORM NO.24Q
FORM NO.26
FORM NO.26A
FORM NO.26B
FORM NO.26AS
FORM NO.26Q
FORM NO.26QA
FORM NO.26QB
Form for furnishing information with the statement of collection of tax at source
filed on computer media for the period ending...(dd/mm/yyyy)
Form for furnishing accountant certificate under first proviso to sub-section (6A)
of section 206C of the Income-tax Act, 1961
Declaration under sub-section (1A) of section 206C of the Income-tax Act, 1961
to be made by a buyer for obtaining goods without collection of tax
Certificate under section 206C of the Income-tax Act, 1961 for Tax collected at
source
Annual return of collection of tax under section 206C of I.T. Act, 1961 in respect
of collections for the period ending..
Quarterly statement of Tax Collection at Source under section 206C of Incometax Act, 1961 for the quarter ended June/September/December/March (tick
whichever applicable)...(year)
Quarterly statement of deduction of tax under sub-section (3) of section 200 of
I.T. Act, 1961 in respect of payments other than Salary made to non-residents for
the quarter ended June/September/December/March (tick which ever
applicable)
(year)
Notice of demand under section 156 of the Income-tax Act, 1961 for payment of
advance tax under sub-section (3) or sub-section (4) of section 210
Intimation to the Assessing Officer under section 210(5) regarding the notice of
demand under section 156 of the Income-tax Act, 1961 for payment of advance
tax under section 210(3)/210(4) of the Act
Report under Section 115JB of the Income-tax Act, 1961 for computing the book
profits of the company
Report under section 115JC of the Income-tax Act, 1961 for computing adjusted
total income and minimum alternate tax of the limited liability partnership
Claim for refund of tax
Form of undertaking to be furnished under sub-section (1) of section 230 of the
Income-tax Act, 1961
No Objection Certificate for a person not domiciled in India under section 230(1)
of the Income-tax Act, 1961
Form for furnishing the details under section 230(1A) of the Income-tax Act,
1961
Application for a certificate under the first proviso to sub-section (1A) of section
230 of the Income-tax Act, 1961
Clearance certificate under the first proviso to sub-section (1A) of section 230 of
the Income-tax Act, 1961
FORM NO.27B
FORM NO.27BA
FORM NO.27C
FORM NO.27D
FORM NO.27E
FORM NO.27EQ
FORM NO.27Q
FORM NO.28
FORM NO.28A
FORM NO.29B
FORM NO.29C
FORM NO.30
FORM NO.30A
FORM NO.30B
FORM NO.30C
FORM NO.31
FORM NO.33
Application for a certificate under section 230A(1) of the Income-tax Act, 1961
FORM NO.34A
Form of application for settlement of cases under section 245C(1) of the Incometax Act, 1961
FORM NO.34B
Form of application for obtaining an advance ruling under section 245Q(1) of the
Income-tax Act, 1961
Form of application by a resident applicant seeking advance ruling under
section 245Q(1) of the Income-tax Act, 1961 in relation to a transaction
undertaken or proposed to be undertaken by him with a non-resident
Form of application by a person falling within such class or category of persons
as notified by Central Government in exercise of powers conferred for obtaining
and advance rulling u/s 245Q(1) of the Income-tax Act, 1961
Form of application for obtaining an advance ruling under section 245Q(1) of the
Income-tax Act, 1961
Form of application for giving effect to the terms of any agreement under clause
(h) of sub-section (2) of section 295 of the Income-tax Act, 1961
FORM NO.34C
FORM NO.34D
FORM NO.34E
FORM NO.34EA
FORM NO.34F
FORM NO.35
FORM NO.36
Reference application under section 256(1) of the Income- tax Act, 1961
FORM NO.37
FORM NO.37EE
FORM NO.37F
FORM NO.37G
FORM NO.37H
FORM NO.37I
FORM NO.38
FORM NO.39
Certificate of registration
FORM NO.40
Form of nomination
FORM NO.40A
FORM NO.40B
FORM NO.40C
FORM NO.41
FORM NO.42
FORM NO.43
FORM NO.44
FORM NO.45
FORM NO.45A
FORM NO.45B
FORM NO.45C
FORM NO.45D
FORM NO.46
FORM NO.47
FORM NO.48
FORM NO.49
FORM NO.49A
FORM NO.49AA
FORM NO.49B
FORM NO.49C
FORM NO.52A
FORM NO.54
FORM NO.55
FORM NO.56A
FORM NO.56AA
FORM NO.56B
FORM NO.56BA
FORM NO.56C
FORM NO.56CA
FORM NO.56E
FORM NO.56F
FORM NO.56FF
FORM NO.56G
FORM NO.56H
FORM NO.57
FORM NO.59
FORM NO.59A
FORM NO.60
FORM NO.61
FORM NO.61A
FORM NO.62
FORM NO.63
FORM NO.63A
FORM NO.63AA
FORM NO.64
Application for exercising/renewing option for the tonnage tax scheme under
sub-section (1) of section 115VP or sub-section (1) of section 115VR of the
Income-tax Act, 1961
Audit Report under clause (ii) of section 115VW of the Income-tax Act, 1961
Application for opening an account under the Capital Gains Accounts Scheme,
1988
Application for conversion of accounts under the Capital Gains Accounts
Scheme, 1988
Application for withdrawal of amount from account-A under the Capital Gains
Accounts Scheme, 1988
Details regarding the manner and extent of utilisation of the amount withdrawn
from account under the Capital Gains Accounts Scheme, 1988
Form of nomination under the Capital Gains Accounts Scheme, 1988
FORM
NO.65(New)
FORM NO.66
FORM NO. A
FORM NO. B
FORM NO. C
FORM NO. D
FORM NO. E