Basavaraju.B.R.Gowda ( Student) (186 Points)
01 September 2010is it complusory to file E-tds return for individual whose books need to be audited under Section 44AB.
What will be the consequence if anyone files manual TDS Return?
Please let me know
Chinmay
(Accounts Professional)
(356 Points)
Replied 01 September 2010
Hi Basavaraju,
The rule is E-TDS compulsory for “COMPANY” (as Deductor). You talking about individual. If the Deductor is INDIVIUAL i.e. other than Company then it is not compulsory.
Viraj
(Financial Analyst)
(26 Points)
Replied 02 September 2010
dear mr. gowda, individuals r now reqd to file tds returns electronically if their case does not fall u/s 44AB, but if the deductee records r 50 or more, u'll have to file the TDS returns electronically.
vpr99
(Manager-Accounts&Finance)
(68 Points)
Replied 02 September 2010
There is no question of filing E-TDS manually, they may be indiviudal/corporate, when u will get tan no. you must file e-tds returns.
CAclubindia
