HELLO FRIENDS, CAN ANYBODY TELL ME IF A PROPRIETORSHIP FITM DEDUCTS THE TDS ON VARIOUS ITEMS SUCHA AS SALARY, INTEREST, COMMISSION ETC.
WHETHER SEPERATE TDS RETURN IS REQUIRED OR ONLY ONE RETURN IS TO BE FILED.
PLS. HELP.
RAJ KUMAR (FINANCE MANAGER) (1393 Points)
05 May 2011HELLO FRIENDS, CAN ANYBODY TELL ME IF A PROPRIETORSHIP FITM DEDUCTS THE TDS ON VARIOUS ITEMS SUCHA AS SALARY, INTEREST, COMMISSION ETC.
WHETHER SEPERATE TDS RETURN IS REQUIRED OR ONLY ONE RETURN IS TO BE FILED.
PLS. HELP.
Mihir
(Wealth Manager)
(5293 Points)
Replied 05 May 2011
C.A. Sandeep Wawhal
(CA, PGDFM, BCom)
(1831 Points)
Replied 05 May 2011
there are two catagories for TDS return 1.) Salary 2.)Other than salary
you can use one return for TDS of other than salary but you have to prepare separate return for salary.
There is also separate return for each quarter.