Action Plan for Compliances with Stock

Sr. Submission June Sept.

Due dates Filed on Due dates
1 Submission of Share Holding Pattern 7/21/2009 7/8/2009 10/21/2009
2 Submission of Corpo. Governance Report 7/15/2009 7/8/2009 10/15/2009
3 Secretarial Audit Certificate by PCS 7/15/2009 7/17/2009 10/15/2009
4 Intimation of Board meeting for Qtr Result 7/22/2009 7/23/2009 10/22/2009
5 Issue of press Release of Board Meeting 7/22/2009 7/24/2009 10/22/2009
6 Announcement of Qtrly Result 7/30/2009 10/30/2009
(Within 15 minutes of Board meeting)
7 Publication of Quarterly Result 8/2/2009 11/2/2009
(Within 48 hours of Closure of Board Meeting
8 Three Copies of Qtrly Result signed by M.D. 8/1/2009 11/1/2009
9 Limited Review Certificate from Auditor 8/31/2009 11/30/2009
10 Half yearly Compliace Certificate by PCS N.A. 10/30/2009
11 Payment of Annual Listing Fees N.A. N.A.
12 Disclosure of Share holding of person holding N.A. N.A.
15% or more Voting Right
13 Disclosure of Share holding from Director/ N.A. N.A.
Share holders

Note :For the last Quarter, company has an option to submit unaudited financial results for the quarter within
end of F.Y. (OR) submit audited financial results for enitre F.Y within 3 months of end of F.Y. with Audit Re
If company opts to submit audited financial result, it shall intimate Stock Exchange in writing within 1 mon
F.Y. about such exercise of option.
ompliances with Stock Exchange

Sept. Dec March ACT

Filed on Due dates Filed on Due dates Filed on
1/21/2010 4/21/2010 Clause 35 (LA)
1/15/2010 4/15/2010 Clause 49 (LA)
1/15/2010 4/15/2010 Clause 55A (DP)
1/22/2010 4/22/2010 Clause 41 (LA)
1/22/2010 4/22/2010 Clause 41 (LA)
1/30/2010 4/30/2010 Clause 41 (LA)

2/2/2010 5/2/2010 Clause 41 (LA)

2/1/2010 5/1/2010 Clause 41 (LA)

2/28/2010 5/31/2010 Clause 41 (LA)
N.A. 4/30/2010 Clause 47 (LA)
N.A. 4/30/2010 Clause 38 (LA)
N.A. 4/30/2010 8(3) SAST

N.A. 5/5/2010 13(3) & (6) PIT

lts for the quarter within 1 month from

end of F.Y. with Audit Report.
e in writing within 1 month of end of
Sl. Particulars Rules/ Section/ Compliance Due Quarterly Results
No. Clause date

ending on ending on ending on ending on

30.06.2008 30.09.2008 31.12.2008 31.03.2009
1 Issue of certificate for Clause 3 (c ) 1 month from
transfer lodgement
2 Closure of Transfer Book Clause 16/ 21 21 days in advance
(Dividend, Right, Bonus,
Conversion)
3 Publication of notice of Clause 16/ 21 21 days in
book closure advance
4 Sending of notice of book 21 days in advance
closure

5 Intimation of BM for buy Clause 19 (a) 7 days in advance

back, rights & conversion
6 Transfer Book closure for Clause 19 (a) 5 days before book
dividend/ cash bonus closure date
7 Recoomendation of dividend/ Clause 20 within 15 minutes of
cash bonus/ buy back/ closure of BM
quarterly results
8 Capital increase / issue of Clause 22 within 15 minutes of
forfieted shares/ alteration of closure of BM
capital
9 Change in form/ nature of Clause 28 21 days notice in
securities advance
10 Change in BOD/ Auditors Clause 30 within 30 days
11 Six copies of Annual Clause 31 (a) within 30 days
12 Report
One copy of Annual Report Clause 31 (c ) within 30 days

13 Proceedings of AGM/EGM Clause 31 (c ) within 30 days

14 Copy of Annual Report Clause 32 25 days prior to the
meeting

15 Consolidated Financial Clause 32 25 days prior to the

Statement meeting
16 Shareholding Pattern Clause 35 within 21 dasy of 21.07.2008 21.10.2008 21.01.2009 21.04.2009
each quarter
17 Strike, Lock outs, Closure Clause 36 immediately
18 Payment of Annual Listing Clause 38 before 30th April 30.04.2008
Fees
19 Intimation of BM for quarterly Clause 41 7 days in advance of 22.07.2008 22.10.2008 22.01.2009 22.04.2009
results each BM
20 Issue of press release for BM Clause 41 7 days in advance of 22.07.2008 22.10.2008 22.01.2009 22.04.2009
each BM
21 Announcement of quarterly Clause 41 within 15 minutes of 30.07.2008 30.10.2008 31.01.2009 30.04.2009
results closure of BM
22 Newspaper publication of Clause 41 within 48 hours of 02.08.2008 02.11.2008 02.02.2009 02.05.2009
quarterly results closure of BM
23 3 copies of quarterly results Clause 41 immediatelly 01.08.2008 01.11.2008 01.02.2009 01.05.2009
signed by MD
24 Limited Review/ certificate Clause 41 within 60 days of 31.08.2008 30.11.2008 28.02.2009 30.05.2009
from Auditor each quarter
25 Utilization of funds Clause 43 within 30 days of 30.07.2008 30.10.2008 30.01.2009 30.04.2009
each quarter
26 Half yearly Compliance Clause 47 within 1 month of NIL 30.10.2008 NIL 31.03.2009
certificate from PCS each half year
27 Submission of Half yearly Clause 47 within 24 hours of NIL 01.11.2008 NIL 01.04.2009
Compliance certificate from receipt from PCS
PCS
28 Corporate Goveranance Clause 49 within 15 days from 15.07.2008 15.10.2008 15.01.2009 15.04.2009
Report end of each quarter

29 Secretarial Audit Cerficate Clause 55A within 15 days from 15.07.2008 15.10.2008 15.01.2009 15.04.2009
from PCS end of each quarter

30 Share holdings of persons Regulation 8 (3) within 30 days from NIL NIL NIL 30.04.2009
holding >15% voting rights end of Financial year

31 Certificate of Regulation 54 (5) within 7 days from 07.07.2008 07.10.2008 07.01.2009 07.04.2009
transfer/remat/demat end of each quarter

32 annual disclosure of Regulation 13 (3) within 30 days from NIL NIL NIL 30.04.2009
shareholding from directors/ end of Financial year
shareholders
33 Disclosure to SE Regulation 13 (6) within 5 days from NIL NIL NIL 05.05.2009
receipt of
information
34 Disclosure of change in Regulation 13 (1- within 4 days from
holding 2-4) change

35 Disclosure to SE within 5 days from

receipt of
information
To whom
submitted

to investor

SE

News paper

All
recognised
SE
SE

SE

SE

SE

SE

SE
SE
All
recognised
SE
SE
to each share
holders

SE
SE

SE
SE

SE

two news
papers
fax/ scan/
email
two news
papers
SE

SE

SE

SE

SE

SE

SE

SE

SE,
NSDL/CDSL

Compliance
officer
SE

to the
Company

SE
 Quarterly Requirments

Sl. No. Particulars Rules/ Compliance Due Quarterly Results To whom Law Autho
Section/ date submitted signatory
Clause
ending on ending on ending on ending on
30.06.2009 30.09.2009 31.12.2009 31.03.2010

1 Shareholding Pattern Clause 35 within 21 days of 21.07.2009 21.10.2009 21.01.2010 21.04.2010 SE Listing Director/Com
each quarter Agreement pliance
Officer
2 Intimation of BM for quarterly Clause 41 7 days in advance of 22.07.2009 22.10.2009 22.01.2010 22.04.2010 SE Listing Director/Com
results each BM Agreement pliance
Officer
3 Issue of press release for BM Clause 41 7 days in advance of 22.07.2009 22.10.2009 22.01.2010 22.04.2010 two news Listing
each BM papers Agreement
4 Announcement of quarterly results Clause 41 within 15 minutes of 30.07.2009 30.10.2009 31.01.2010 30.04.2010 fax/ scan/ Listing Director/Com
closure of BM email Agreement pliance
Officer
5 Newspaper publication of quarterly Clause 41 within 48 hours of 02.08.2009 02.11.2009 02.02.2010 02.05.2010 two news Listing
results closure of BM papers Agreement
6 3 copies of quarterly results signed Clause 41 immediatelly 01.08.2009 01.11.2009 01.02.2010 01.05.2010 SE Listing M.D.
by MD Agreement
7 Limited Review/ certificate from Clause 41 within 60 days of 31.08.2009 30.11.2009 28.02.2010 30.05.2010 SE Listing Auditor
Auditor each quarter Agreement
8 Corporate Goveranance Report Clause 49 within 15 days from 15.07.2009 15.10.2009 15.01.2010 15.04.2010 SE Listing Director
end of each quarter Agreement

9 Secretarial Audit Cerficate from PCS Clause 55A within 15 days from 15.07.2009 15.10.2009 15.01.2010 15.04.2010 SE SEBI PCS
end of each quarter (Depository
Partivcipent)
Regulation,
1996
10 Certificate of transfer/remat/demat Regulation within 7 days from 07.07.2009 07.10.2009 07.01.2010 07.04.2010 SE, SEBI RTA
54 (5) end of each quarter NSDL/CDSL (Depository
Partivcipent)
Regulation,
1996

11 Utilization of funds Clause 43 within 30 days of 30.07.2009 30.10.2009 30.01.2010 30.04.2010 SE Listing
each quarter Agreement
 QRTR I QRTR II QRTR III QRTR IV

done

on 23-07-09

on24-07-09

done

on 17-07-09
Submited by
company but
normaly
directly filed
by RTA at
NSDL/CDSL
 Halfyearly Requirments

Sl. No. Particulars Rules/ Compliance Quarterly Results

Section/ Due date
Clause
ending on ending on
30.06.2009 30.09.2009
1 Half yearly Compliance Clause 47 within 1 month NIL 30.10.2009
certificate from PCS of each half
year

2 Submission of Half yearly Clause 47 within 24 NIL NIL

Compliance certificate from hours of
PCS receipt from
PCS
uirments

Quarterly Results To whom Law Autho

submitted signator
y
ending on ending on
31.12.2009 31.03.2010
NIL 30.04.2010 SE Listing PCS
Agreement

NIL 01.04.2009 SE Listing PCS

Agreement
 yearly Requirments

Sl. No. Particulars Rules/ Section/ Compliance Quarterly Results

Clause Due date

1 Share holdings of persons Regulation 8 (3) within 30 days NIL NIL

holding >15% voting rights from end of
Financial year

2 annual disclosure of Regulation 13 (3) within 30 days NIL NIL

shareholding from directors/ from end of
shareholders Financial year

3 Disclosure to SE Regulation 13 (6) within 5 days NIL NIL

from receipt of
information

4 Disclosure of change in Regulation 13 (1- within 4 days

holding 2-4) from change

5 Disclosure to SE within 5 days

from receipt of
information

6 Payment of Annual Listing Clause 38 before 30th

Fees April
equirments

Quarterly Results To whom Law Autho

submitted signatory

NIL 30.04.2010 SE SEBI (Substantial

Acquisition of
Shares &
Takeover)
Regulations,
1996

NIL 30.04.2010 Compliance SEBI (Prohibition

officer of Insider Trading
) Regulations,
1992

NIL 05.05.2010 SE SEBI (Prohibition Director/Complia

of Insider Trading nce Officer
) Regulations,
1992

to the Company SEBI (Prohibition

of Insider Trading
) Regulations,
1992

SE SEBI (Prohibition
of Insider Trading
) Regulations,
1992

30.04.2010 SE Listing
Agreement
Sl. No. Particulars Rules/ Compliance Due date
Section/
Clause

1 Monthaly payment of TDS 7 th of next month

2 Quarterly return of TDS
 Return Realted to TDS & VAT
Quarterly Results To whom submitted Law

ending on ending on ending on ending on

30.06.2009 30.09.2009 31.12.2009 31.03.2010

Bank through Challan I.T

15.07.2009 15.10.2009 15.01.2010 15.06.2010 Income Tax I.T
Autho
signatory

salary & other than salary : form 24Q, 26Q

BOD Payament to Non Resident/ NORs: Form 27Q
 Due date chart for payment of tax under
the Maharashtra Value Added Tax Act, 2002

For monthly payment For quarterly payment

Month Due date Tax > Quarter Due date Tax >
1000000 or 100000 &
Refund>1 crore <1000000 or
Refund >1000000
or < 1crore

April 21st May April

May 21st June to 21st July
June 21st July June

July 21st August July

August 21st September to 21st October

September 21st October September

October 21st November October

November 21st December to 21st January

December 21st January December

January 21st February January

February 31st March to 21st April

March 21st April March
e chart for payment of tax under
ashtra Value Added Tax Act, 2002

For half-yearly payment

Half year Tax <100000 Due date
or refund<1000000 or
for retailers who have
opted for Composition
scheme or Newly
registered dealers.

April 21st
to October

September

October 21st

to April
March
Payment of Service Tax

By Individuals, Proprietary Concerns and Partnership Firms

Payable on Amounts received during the quarter Payable on

1-Apr to 30-Jun 5-Jul
1-Jul to 30-Sep 5-Oct
1-Oct to 31-Dec 5-Jan
1-Jan to 31-Mar 31-Mar

Payment of Service Tax

By persons other than Individuals, Proprietary Concerns and Partnership Firms

Amount Received during Payable on

April 5-May
May 5-Jun
June 5-Jul
July 5-Aug
August 5-Sep
September 5-Oct
October 5-Nov
November 5-Dec
December 5-Jan
January 5-Feb
February 5-Mar
March 31-Mar

If Service Tax paid electornically through

Note : internet banking, the due date for payment
shall be 6th of month following
month/Quarter except for the
month/Quarter ended on March.

Return of Service Tax

For Half Year

1-Apr to 30-Sep 25-Oct
1-Oct to 31-Mar 25-Apr
 A. No Tax is to be deducted from any sums payable to:—

1. The Government

2. Reserve Bank of India

3. The Corporation established by or under a Central Act which is exempt from Income Tax by virtue of

4. A mutual fund specified under section 10(23D)

B. Tax is to be deducted in the following cases at the time of payment:—

Sect. Relevant Rules Nature of Payer Payee

Payment

192 21A, 21AA, 26A, Salary Any person Any

26B person

Deduct if tax is
payable on Salary
income after

a. Specified
exemption u/s.10.

b. Loss under
"Income from
house property"
c. Deduction u/ss.
80C, 80CCD
80CCC, 80D,
80DD, 80DDB
80E, 80G
(specified), 80GG,
80U and
[As per section
192(1A), the
employer has an
option not to
deduct tax at
source on non-
monetary
perquisites
provided to
employees and
pay the said tax
himself)
193 Interest on Any person Any
Securities Deduct Resident
in cases other person
than where
amount of interest
is payable

a. by widely held
company on
debentures to
individual does not
exceed Rs.
2500/-.,

b. to LIC/GIC and
other insurance
companies.

c. Interest on
Central/State
Government
security.

d. on specified
securities.
194A Interest (other Any person Any
than interest on other than Resident
Securities) Deduct individuals
in cases other and HUF
than where who are not
amount of interest subject to
payable does not tax audit in
exceed Rs. 5000 the
up to 30th May, preceding
2007 and from 1st financial
June, 2007:- year.

a. ten thousand
rupees, where
the payer is a
banking
company to
which the
Banking
Regulation Act,
1949 applies

b. ten thousand
rupees, where
the payer is a
co-operative
society engaged
in carrying on
the business of
banking

c. ten thousand
rupees on any
deposit with post
office under any
scheme framed
by the Central
Government and
notified by it in
this behalf; and

d. five thousand
in any other
cases

194B Winnings from Any person Any

lottery and person
crossword puzzles
including card
game or other
game or other
game of any sort
Deduct if amount
exceeds Rs.
194B Winnings from Any person Any
lottery and person
crossword puzzles
including card
game or other
game or other
game of any sort
Deduct if amount
exceeds Rs.
5,000/- (For
winnings in kind
see proviso)

194BB Winnings from Any person Any

horse races person
Deduct if amount
exceeds Rs.
2,500/-

194C(1) Payment to Central or Any

Resident State Govt. resident
Contractors or Local person
Deduct if sum Authority or who is a
exceeds Rs. Corporation contractor
20,000/- or or Company of the
aggregate amt. for or Co-op. payer
the financial year Society Any
exceeds Rs. Authority
50,000/- for housing
accommo-
dation etc.
Any Society
or Trust or
University
firm

194C(2) Payment to Contractors Any

resident sub- referred Resident
contractor Deduct above and Person
if sum exceeds Rs. Individual
20,000/- or total and HUF
amount for the subject to
financial year Tax Audit in
exceeds Rs. the
50,000/- preceding
financial
year. This
shall not
apply in
194C(2) Payment to Contractors Any
resident sub- referred Resident
contractor Deduct above and Person
if sum exceeds Rs. Individual
20,000/- or total and HUF
amount for the subject to
financial year Tax Audit in
exceeds Rs. the
50,000/- preceding
financial
year. This
shall not
apply in
respect of
payments
made to a
194D Insurance Any Person Any
contractor
Commission to Resident
by any
Resident Deduct if Person
individual or
amount exceeds
a member
Rs. 5000
of a HUF
exclusively
for their
personal
purposes.

194E Payments to Non- Any Person Non-

resident Resident
sportsmen/sports
association No
exemption

194EE Payments of Any Person Any

deposits under Person
NSS covered u/s.
80CCA(2)(a)
Deduct if amount
exceeds Rs.
2,500/-

194G Commission/Remu Any Person Any

neration on sale of Person
lottery tickets to
any person Deduct
if amount exceeds
Rs. 1,000
194H Commission or Same as in Any
Brokerage Deduct Sec. 194A Person
if amount exceeds above
Rs. 2500 p.a.

a. Rate raised
from 5% to 10%
w.e.f. 1-6-2007

b. Not applicable
on any
commission or
brokerage
payable by BSNL
or MTNL to their
PCO franchisees"

194-I Rent paid to any Same as in Any

person resident for Sec. 194A Person
land, building or above
building along with
furniture and
fittings Deduct if
amount exceeds
Rs. 120,000 p.a.
w.e.f 1-6-2007 @
10% for use of
any machinery or
plant or
equipment;
(Service Tax shall
be excluded while
deducting tax

Rent definition up to 13-7-2006

"Rent’ means any payments, by whatever name called, under any lease, sub lease, tenancy or any other ag
such building is owned by the payee".

Rent definition from 13-7-2006

" Rent" means any payment, by whatever name called, under any lease, sub-lease, tenancy or any other ag
(i) Land; or (ii) building; or (iii) land appurtenent thereto a building (including factory building); or (iv) mac
movable assets would be covered u/s. 194-I
194J Fees for Same as in Any
professional Section Person
services or 194A above
technical services
Deduct if amount
exceeds Rs. 20000
p.a. For
Individuals and
HUF on fees paid
exclusively for
personal purpose
are exempt Rate
raised from 5% to
10% w.e.f. 1-6-
2007

194LA Payments of Any Person Any

Compensation on resident
acquisition of person
certain immovable
property Deduct if
amount exceeds
Rs.1,00,000 p.a.

195 Rules 29B Interest or other Any Person Non-

sums not being Resident
income chargeable not being
under the head a
"Salaries" Deduct Company
in cases other or to a
than Dividend foreign
u/s.115-O Company

Notes:

1. Any person deducting any sum on or after April 1, 2005 shall furnish quarterly statements in Form No.
15 respectively.
2. No TDS would be required to be deducted on payments made to individual, sub-contractors during the

a. The sub-contractor owns not more than two goods carriages at any time during the financial year and

b. The sub-contractor furnishes a prescribed declaration to the payer in Form No. 15I.

3. With effect from 1/04/2008, section 195 is amended to include the person responsible for deduction of
date the Board has not notified the same.
 TDS Chart

t which is exempt from Income Tax by virtue of any law.

of payment:—

Rates of Deduction

1/12th of tax payable

calculated in the manner

specified in column 3
and following the rates

given below

Where the total income for

an Individual

< Rs. 1,10,000

> Rs. 1,10,000

< Rs. 1,50,000

> Rs. 1,50,000

< Rs. 2,50,000

> Rs. 2,50,000

Where the total income in

case of women
< Rs. 1,45,000
> Rs. 1,45,000
< Rs. 1,50,000
> Rs. 1,50,000
< Rs. 2,50,000
> Rs. 2,50,000

Where the total income in

case of senior citizen
< Rs. 1,95,000
> Rs. 1,95,000
< Rs. 2,50,000

> Rs. 2,50,000

If the total income

exceeds Rs. 10,00,000,
10% surcharge is leviable
on the tax as calculated
above.

Additional 2% educational
cess is leviable on the
tax plus surcharge

Additional 1% secondary
and higher educational
cess is leviable on the
tax plus surcharge
Company Payment

above Rs. 1 crore

Individuals/ HUF/BOI with
payment above
Rs.10,00,000

Other individuals/ HUF/ Co-

op. Soc./Local
authority/BOI

Other company

Firms payment up to Rs. 1

crore
Other
Company Payment above
Rs. 1 crore

Individual/HUF/BOI with
payment above
Rs.10,00,000
Other individuals/ HUF/BOI

Other company Firms

payment

exceeding Rs. 1 crore

Other Firms/Co-op. Soc./

Local authority
Individual/HUF/
BOI with payment above
Rs.10,00,000

Other individuals/Co-op.
Soc./Local authority/
HUF/BOI
Other Company/Firms
Payment above Rs. 1 crore

Company/Firms
Non domestic Co.
Individuals/HUF/BOI
with payment above

Rs.10,00,000
Other individuals/
HUF/Co-op. Soc./
Local Authority/BOI
Other company/Firms
Payment above
Rs. 1 crore
Company/Firm
Non domestic Co.
1. Advertising
Contracts :-

Individuals/HUF/BOI
with payment above
Rs.10,00,000
Other individuals/
HUF/BOI/Co-op.
Company/Firms
Other Company/Firms
2. Other Contracts :
Individuals/HUF/BOI
with payment above
Rs. 10,00,000
Other individuals/
Co-op. Soc. HUF/BOI
Company/Firms
payment exceeding
Rs. 1 crore
Other Company/Firms
Individual/HUF/BOI
with payment above

Rs.10,00,000/-
Other individuals/HUF/
BOI/Co-op. Society
Company/Firms/
Soc. etc.
Payment exceeding
Rs. 1 crore
Other Company/Firms
Company
Payment exceeding
Rs. 1 crore
Other Company
Individuals/HUF/BOI
with payment above
Rs.10,00,000
Other individuals/
HUF/BOI
Payment up to 1 crore
Other Firms
Individual
with payment
above
Rs. 10,00,000 or
payment exceeding
Rs. 1 crore
Other individual/AOP/
BOI/Firm etc.
Individuals/HUF with
payment above

Rs. 10,00,000
Other individual/HUF
etc.
Individuals/HUF/BOI
with payment above
Rs.10,00,000
Other Individuals/
HUF/BOI Co-op. Soc.
Company/Firms
Payments exceeding
Rs. 1 crore
Other Company/
Firms/
Co-op. Soc.
 Individual/HUF/BOI

with payment above

Rs. 10,00,000

Other individuals/

HUF/BOI Co-op. Soc.

Company/Firms etc.
Payment exceeding
Rs. 1 crore
Other Co./Firms
Rent for plant,
machinery
equipments
Individual
payment
Firms/Co.
payment
up to 1 crore
Others
Individual/HUF
with
payment above
Rs. 10,00,000
Other individuals/
HUF
Co./Firm/AOP/BOI
with
payment above
Rs. 10,00,000
Other
AOP/BOI/Co./
Firms/Soc.

er any lease, sub lease, tenancy or any other agreement or arrangement for the use of any land or any building (includ

er any lease, sub-lease, tenancy or any other agreement or arrangement for the use of (either separately or together)
building (including factory building); or (iv) machinery; or (v) plant; or (vi) equipment; or (vii) furniture; or (viii) fitting
 Individuals/HUF/BOI

with payment above

Rs.10,00,000
Other Individuals/
HUF/BOI/Soc.
Payments to Co./Firms
above Rs. 1 crore
Others

Individuals/HUF/BOI

with payment above

Rs.10,00,000
Other individuals/HUF
Payment to Co./Firms
above Rs. 1 crore
Others

5 shall furnish quarterly statements in Form No. 24Q and Form No. 26Q for the period ending on June 30, September 3
s made to individual, sub-contractors during the course of business of plying, hiring or leasing of goods carriages provid

arriages at any time during the financial year and

to the payer in Form No. 15I.

include the person responsible for deduction of Income Tax to furnish the information relating to payment of any sum
 TDS Chart

me Tax by virtue of any law.

Rates of Deduction

yable

manner

mn 3
rates

Rate

NIL
 10% of the amount

> Rs. 1,00,000

Rs. 4,000 +
20% of the amount
> Rs. 1,50,000
Rs. 25,000+ 30% of the amount
> Rs. 2,50,000.
Rate

Nil
10% of the amount
> Rs. 1,45,000.
Rs. 500 + 20% of the amount
> Rs. 1,50,000
Rs 20,500 + 30% of the amount
> Rs.2,50,000.
Rate

Nil
20% of the amount
exceeding
Rs. 1,95,000.
Rs. 11,000 + 30% of the amount
> Rs. 2,50,000

me
0,000,
s leviable
culated

ucational
n the
ge

condary
ational
n the
ge
33.99%

33.90%

30.90%

33.99%
31.67%

1.13%

1.03%

1.13%
1.03%

2.27%

2.06%

2.27%

1.03%
1.13%
1.03%

1.13%

1.03%
22.66%

20.60%
11.33%

10.30%

10.30%
11.33%
11.33%

10.30%

22.66%

20.60%

11.33%

10.30%

11.33%

10.30%
 11.33%

10.30%
11.33%

10.30%
Same
as in
Sec. 193
above

10.30%

11.33%
17.00%

15.45%

22.66%

20.60%

ancy or any other agreement or arrangement for the use of any land or any building (including factory building), togeth

ancy or any other agreement or arrangement for the use of (either separately or together) any, —
uilding); or (iv) machinery; or (v) plant; or (vi) equipment; or (vii) furniture; or (viii) fittings, whether or not any or all
 11.33%

10.30%

11.33%
10.30%

11.33%

10.30%
11.33%

10.30%
As per applicable DTAA or as per Part - II of Sch. I of the Finance Act, whichever is fbeneficial to the assess

ements in Form No. 24Q and Form No. 26Q for the period ending on June 30, September 30, December 31 and March
ntractors during the course of business of plying, hiring or leasing of goods carriages provided.

he financial year and

5I.

ible for deduction of Income Tax to furnish the information relating to payment of any sum to the non resident or to for
Time Limit TDS Quarterly Declaration for NIL
For Certificat Return/ deduction/ Application
Depositing e Form Statement for NIL/Lower deduction
Tax (Rule No./Due Form No. (Rules 28, 28AA, 28AB,
30) Date (Rules 37, 29C)
(Rule 31) 37A, 37B)

Within 7 days Form No. 24Q/27A Application Form 13

from last day 16 / Form (return in
of month in No.16AA electronic
which 30th April media)
deduction is
made

Rule 33
(Tax

deduction

from contri

bution paid by
trustees
of an

approved
super-
annuation
fund)
within one Form 26Q/27A Application Form 13
week from No.16A (return in Declaration Form 15G,
last day of electronic Form 15H
the month in media)
which income
paid or
credited
whichever is
earlier. If a) Within
payee’s one month
account is from the
credited on end of the
last day of month in
accounting which
year then credit is
within 2 given or
months from the
the end of amount is
the month in paid
which credit
given

b) For
conso-
lidated
certificate
at the
request of
payee 30th
April

c) If credit
is given on

last day of
the year

then within

7 days
after
expiry
of 2
months
of closing
of year
— do — — do — 26Q/ 27A Application Form 13
(return in Declaration Form 15G,Form
electronic 15H
media)

Within 7 days Form Form N.A.

from last day No.16A
of month in within one
which month
deduction is from end
made of the
month
during
which
Within 7 days Form N.A.
from last day No.16A 26Q/27A
of month in within one (return in
which month electronic
deduction is from end media)
made of the
month
during
which
sums have
been paid

Within 7 days Form Form N.A.

from last day No.16A As 26Q/27A
of month in in Section (return in
which 194B electronic
deduction is above media)
made

Within one Form 16A Form Application Form 13

week from same as in 26Q/27A
last day of Section (return in
the month in 193 above electronic
which income media)
paid So or
credited
whichever is
earlier. If
payee’s
account is
credited on
last day of
accounting
year then
within 2
months from
the end of
the month in
which credit
given

Same as per Form Form Application Form 13

Section No.16A
194C(1) same as in
Section
193 above
Same as per Form Application Form 13
Section No.16A
194C(1) same as in
Section 26Q/27A
193 above (return in
electronic
media)

Same as in Form — do — Application Form 13

Section 193 No.16A
above same as in
Section
193 above

Same as in Form Form 27Q

Section 193 No.16A same as in
Above same as in Section 195
Section below
193 above

Within 7 days Form Form Declaration Form 15G/15H

from last day No.16A as 26Q/27A
of month in in Sec. (return in
which is 194B electronic
deduction is above media)
made

Same as in Form 16A — do — Application Form 13

Section 193 same as in
above Section
193 above
 Same as in Form — do — Application Form 13
Section 193 No.16A
above same as in
Section
193 above

Form No. 16A — do — — do — Application Form 13

same as in
Section 193
above

ther with furniture, fittings and the land appurtenant thereto, whether or not

ll of the above are owned by the payee. Thus w.e.f. 13-7-2006 even rentals of
 Same as in Form No. Form 26Q/27A Application Form 13
Section 193 16A same (returns in
above as in electronic
Section media)
193 above

Within 7 days Form — do — Application Form 13

from last day No.16A as
of month in in Sec.
which 194B
deduction is above
made

Same as in Form No. Form 27Q/27A Application Form 13

Section 193 16A same (returns in
above as in electronic
Section media) within
193 above 14 days of end
of quarter in
which
deduction
made or if
credit is given
on last day of
the accounting
year then
within 14 days
after expiry of
2 months of
closing

Refer Note
No.3

h 31 in each financial year and file by July 15, October 15, January 15 and June
oreign company in a form and manner which will be prescribed by the board. Till
 TDS RATES FOR THE A.Y. 2009-10 (in

Section Nature of Threshold An Individual,

Payment Limit
(in Rs.) HUF, BOI, AOP
Pay-ments less Pay-ments more
than Rs.10 lakh than Rs.10 lakh

192 Salary * Normal Rate Normal Rate

193 Interest on 2,500* 10.3 11.33
Securities
(i) Interest on
Debentures or
securities
(Listed)
(ii) Interest on 8% 10,000 10.3 11.33
Savings (Taxable)
Bonds,2003

(ii) Any Other - 20.6 22.66

Interest on
securities
(Unlisted)
194 Dividend other 2,500 20.6 22.66
than dividend
covered by
Section 115-O
194A Interest other than 5,000 10.3 11.33
interest on
securities
(cases other than
below)
-Where the payer
is-
(I) Banking 10,000 10.3 11.33
company
(II) Co 10,000 10.3 11.33
-operative
society engaged in
banking business

(III) Post office 10,000 10.3 11.33

under a
deposit scheme
framed by CG
194B Winning from 5,000 30.9 33.99
Lotteries
Non-domestic Co. — — —
194BB Winnings from 2,500 30.9 33.99
Horse
Races
194C Payment to
contractors
(I) In case 20,000** 1.03 1.133
of Advertising
(II) Other 20,000** 2.06 2.266
Contracts
(III) Sub-Contracts 20,000** 1.03 1.133

* after considering deduction u/c VIA – Male : Rs. 1,10,000; Female : Rs. 1,45,000

194D Insurance 5,000 10.3 11.33

Commission
194E Non-Resident — 10.3 11.33
sportsman/sports
association
Non-domestic Co. — — —

194EE Deposits under 2,500 20.6 22.66

NSS to
Resident/Non-
Resident
194F Repurchase of — 20.6 22.66
units of MF/UTI
from Resident /
Non-Resident
194G Commission on 1,000 10.3 11.33
sale of
lottery tickets to
Resident/Non-
Resident
Non-domestic Co. — — —
194H Commission or 2,500 10.3 11.33
Brokerage to
Resident
194I Rent to Resident
(a) Rent for 120,000 10.3 11.33
machinery/
plant/equipment
(b) Rent for other
than
in (a)
i. Individual/ HUF 120,000 15.45 16.995
 ii. Other than 120,000 NA NA
Individual/ HUF

194J Fees for 20,000 10.3 11.33

Professional/
Technical Services
to Resident

194LA Compensation to 100,000 10.3 11.33

Resident on
acquisition of
immovable
property
196B Income from units — 10.3 11.33

(including long-
term
Capital Gain on
transfer
of such units) to an
offshore fund
196C Income from — 10.3 11.33
foreign
currency bonds or
GDR of Indian
Company
196D Income of FII from — 20.6 22.66
securities not being
dividend, long-
term and short-
term capital gain

* In case of individual resident only

** If consolidated amount during the year exceeds Rs. 50,000.

TCS RATES FOR THE A.Y. 2009-10 (in %)

206C Scrap 1.03 1.133
Non-domestic Co.
206C Tendu leaves 5.15 5.665
Non-domestic Co.
206C Timber obtained by 2.575 2.8325
any mode and any
other forest
produce
Non-domestic Co.
(See 1.below)
 206C Alcoholic liquor for 1.03 1.133
human
consumption and
Indian made
foreign liquor (See
2. below)
Non-domestic Co.
206C Parking lot, toll 2.06 2.266
plaza, mining and
quarrying
Non-domestic Co.

Corrections/ suggestions for TCS :

1. The wordings u/s. 206C are :

"Timber obtained under a forest leas /Timber obtained by any mode other than under a forest lease "

2. These words are not there in the section

OR THE A.Y. 2009-10 (in %)

Firm A Co-op. Soc, Company

Local
Authority
Pay-ment does Pay-ment Payment does Payment
not exceed 1 exceeds 1 crore not exceed 1 exceeds 1
crore crore crore

N.A. N.A. N.A. N.A. N.A.

10.3 11.33 10.3 20.6 22.66

10.3 11.33 10.3 20.6 22.66

20.6 22.66 20.6 20.6 22.66

20.6 22.66 20.6 20.6 22.66

10.3 11.33 10.3 20.6 22.66

10.3 11.33 10.3 20.6 22.66

10.3 11.33 10.3 20.6 22.66

10.3 11.33 10.3 20.6 22.66

 30.9 33.99 30.9 30.9 33.99

— — — 30.9 31.6725
30.9 33.99 30.9 30.9 33.99

1.03 1.133 1.03 1.03 1.133

2.06 2.266 2.06 2.06 2.266

1.03 1.133 1.03 1.03 1.133

: Rs. 1,10,000; Female : Rs. 1,45,000; Senior citizen : Rs. 1,95,000

10.3 11.33 10.3 20.6 22.66

10.3 11.33 10.3 10.30 11.33

— — — — 10.5575

NA NA NA NA NA

NA NA NA NA NA

10.3 11.33 10.3 10.3 11.33

— — — 10.3 10.5575
10.3 11.33 10.3 10.3 11.33

10.3 11.33 10.3 10.3 11.33

NA NA NA NA NA
20.6 22.66 20.6 20.6 22.66

10.3 11.33 10.3 10.3 11.33

10.3 11.33 10.3 10.3 11.33

NA NA NA 10.3 10.5575

10.3 11.33 10.3 10.3 10.5575

20.6 22.66 20.6 20.6 21.115

1.03 1.133 1.03 1.03 1.133

1.03 1.05575
5.15 5.665 5.15 5.15 5.665
5.15 5.2787
2.575 2.8325 2.575 2.575 2.8325

2.639375
 1.03 1.133 1.03 1.03 1.133

1.00575
2.06 2.266 2.06 2.06 2.266

2.1115

her than under a forest lease "

 rates of income tax

Tax Rates (includes surcharge and Education Cess) for assessment year 2009-10

Individuals/HUF/AOP/BOI

Income (Rs.) Income < Rs. Income > Rs.

10,00,000 10,00,000
Up to 1,50,000 NIL NIL
1,50,001-3,00,000 10.3 11.33

3,00,001-5,00,000 20.6 22.66

5,00,001–10,00,000 30.9 33.99

10,00,000 + NA 33.99

For Resident Senior Citizen (65 yrs. of age & above)

Income (Rs.) Income < Rs. Income > Rs.

10,00,000 10,00,000
Up to 2,25,000 NIL NIL
2,25,001-3,00,000 10.3 11.33
3,00,001–5,00,000 20.6 22.66
5,00,001–10,00,000 30.9 33.99
10,00,000 + NA 33.99

MAT Payable by Companies

Income < Rs. Income > Rs.

1,00,00,000 1,00,00,000
Minimum Alternate tax 10.3 11.33
on book profit
Tax rates for Capital Gains

For Ind. HUF, For Ind. HUF, For

BOI, AOP BOI, AOP Partnership
(Income < Rs. (Income > Rs. & Corporate
10 lakhs) 10 lakhs) Assessee
(Income <
Rs. 1 crore)

Long-term Capital
Gains
Listed securities NIL NIL NIL
covered u/s. 10(36)
Listed securities traded NIL NIL NIL
on recognised Stock
Exchange not covered
under 10(36)

Listed securities not

traded on recognised
Stock Exchange
without Indexation or 10.30% 11.33% 10.30%
with Indexation 20.60% 22.66% 20.60%
On any other asset 20.60% 22.66% 20.60%
Short-term Capital
Gains
On listed securities 15.45% 17.00% 15.45%
traded on recognised
Stock Exchange or unit
of an equity oriented
fund
Others at applicable slab at applicable slab at applicable
rates rates rates

Advance Tax (Where tax payable exceeds Rs. 5,000)

Due Date of Amount payable as a % of

Instalment on or Advance Tax
before
For Companies For Other
Assessees
Jun-15 15% —
Sep-15 30% 30%
Dec-15 30% 30%
Mar-15 Balance Balance
s of income tax

essment year 2009-10

For resident Women (Below 65 yrs. of age)

Income (Rs.) Income < Rs.

10,00,000
Up to 1,80,000 NIL
1,80,001-3,00,000 10.3

3,00,001-5,00,000 20.6

5,00,001–10,00,000 30.9

10,00,000 + NA

For Firms/Company

Income <
Rs.1,00,00,000
Firms/Domestic company 30.9
Foreign company 41.2

DIVIDEND DISTRIBUTION TAX

TYPE OF PAYER

COMPANY
 TYPE OF PAYEE
INDIVIDUAL/HUF 17.00%
COMPANY 17.00%

For resident
Partnership
& Corporate
Assessee
(Income >
Rs. 1 crore)

NIL

NIL

11.33%
22.66%
22.66%

17.00%

at applicable
rates
 Income > Rs.
10,00,000
NIL
11.33

22.66

33.99

33.99

Income > Rs.

1,00,00,000
33.99
42.23

TYPE OF PAYER

MUTUAL FUND
 NON EQUITY MUTUAL
LIQUID OTHER equity
FUND/MONEY
28.33% 14.16% 0%
MARKET
28.33% FUND 22.66% 0%