My Housing Society has deducted the TDS from the Security Services payment as well as payments made towards professional fees and duly deposted the same during the financial year 2008-09, but not yet file any quarterly eTds returns for any quarter, can we file a single annual return for the entire year or should we need to file individual quarterly returns for each quarter, is there any penalty for the late filing of the e-tds return. What is the due date to file either annual or the delayed quarterly e-tds return.
16 April 2009
There is no procedure called annual TDS return you need to file this quarterly. Delay in payment of TDs will attract interest @ 1% per month or part of the month whereas penalty for delay in filling of TDS return is Rs. 100 per day. Due dates of Quarterly return is as follows:
Apr to June 15 July July to Spet 15 Oct Oct to Dec 15 Jan and jan to mar 15 June
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