28 May 2012
Dear Sir, pls help me about this issue. one of my client is a Trust.it has paid amt.u/s194C as payment to contractor in July, Nov, Dec-11. so my query is that should i require to file all quarters TDS return. or in which payment has been paid. if it requires NIL TDS return then how it is prepared ?? pls answer as it is urgent??
29 May 2012
You should prepare two quarterly return one for September Quarter and other for December quarter provided the deposits are made separately.The law says that TDS has to be deducted at the time of crediting the sum to the account of the payee or payment is made whichever is earlier. I am using TAXMANN Software for the purpose of filing TDS Return. It is good. There are other software also.
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