Tds on interest

TDS 385 views 1 replies

is it necessary to file quarterly NIL tds returns

if interest payment due on 31/3/2011 RS.12000 to a person, which is liable to tds @ 10.3% =1236  as per sec.194A,

is it true to submit quarterly tds returns for 2010-11 by dividing total tds payable 1236 into four quarters respectivly 1236 / 4 =309

or     by submitting tds return for amount 1236 on last quarter

Replies (1)

tds return only for last quarter

and it is necessary to  file nil return. 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register