Go Ad-Free on CAclubindia with Daily Mobile Updates. Subscribe Now!

TDS quarterly statements

Rachit (Analyst) (913 Points)

02 August 2011

Whether it is mandatory for an individual to E-file quarterly TDS statements for tax deductions made by him during the year?

Reply
Follow
Share

13 Replies

CA J.Alamelu lakshmi (Chartered Accountant) (852 Points)
Replied 02 August 2011

If the person has deducted tax at source, quarterly TDS return has to be filed.

Upgrade to CAclubindia Pro. Subscribe Now!

Rachit (Analyst) (913 Points)
Replied 02 August 2011

Originally posted by : J.Alamelu lakshmi
	If the person has deducted tax at source, quarterly TDS return has to be filed.

My query is whether it is mandatory to E-FILE the return (in electronic mode)

CA J.Alamelu lakshmi (Chartered Accountant) (852 Points)
Replied 02 August 2011

E filing is not compulsory for an individual. He can file in physical form too.

valji (Accounts manager-MBA) (2150 Points)
Replied 02 August 2011

agree with lakshmi

taruna Gupta (Accounts executive) (21 Points)
Replied 02 August 2011

For filing Late TDS return, how much panelty we have to pay?

Upgrade to CAclubindia Pro. Subscribe Now!

(Guest)

under provisions ,Penalty for Rs 100/-per day for delayed filing each tds/tcs returns .

But penalty will be paid , only when demand raised by deptt

sudhakar narayanan (Proprietor) (22 Points)
Replied 02 August 2011

Where can I get the software for e-filing the quarterly tds returns & e-filing my IT (Business)returns

sudhakar narayanan (Proprietor) (22 Points)
Replied 02 August 2011

How to download software for quarterly e-tds filing? Also software for yearly IT -compulsory audit - return for e-filing.

(Guest)

@ Sudhakar narayaan-

https://www.tin-nsdl.com/SWProviders.asp
ref above lik-for list of sofwares providers

1 Like

vishal suryan (CA Final) (125 Points)
Replied 02 August 2011

how can be TDS return is ractified

Upgrade to CAclubindia Pro. Subscribe Now!

(Guest)

Same mentioned query is already resloved by CCI Experts.Please ref these links-

/experts/revised-return-for-26-quarter-4-690360.asp

https://www.tin-nsdl.com/faqRevisedPrerequisites.asp

https://www.tin-nsdl.com/faqRevisedReturn.asp

(Guest)

First U ascertain ? the laws are applicable to you or not as it is a proprietary concern.(assume it must be a small one <60 Lakhs turnover)

Rachit (Analyst) (913 Points)
Replied 04 August 2011

Originally posted by : ram babu b.com
	First U ascertain ? the laws are applicable to you or not as it is a proprietary concern.(assume it must be a small one <60 Lakhs turnover)

Yes, it is a proprietory firm with turnover<60 lakhs. Whether he is required to file quarterly returns for tax deducted on salary paid or one annual return?