CA Manish (Practice) (87 Points)
26 April 2011Dear All,
I just want to know that for Financial Year 2010-11, tds on interest has been deducted by the Client on March 31, 2011.
So for this, whether annual return in Form 26 should be filed or Quarterly return in Form 26Q should be filed.
Further no return has been filed by the client in the year 2010-11.
Please let me know its urgent.
CA Seema Kochar
(CHARTERED ACCOUNTANT)
(636 Points)
Replied 26 April 2011
File 26Q 4 return.
At your option u can also file returns for first 3 quater as NIL return .
I suggest u to file Nil return for Q1 Q2 & Q3
& detail return for Q4.
CA Manish
(Practice)
(87 Points)
Replied 26 April 2011
Thanks Seema ..
But I want to know why Annual return Form 26 is not being filed and Form 26 Q is filed.
Since Form 26 is a annual return for payment made for other than salary.
KIYOSH
(TAX CONSULTANT)
(332 Points)
Replied 26 April 2011
u need to file 26Q for Q4.
Please remember that now it is neccesary to file NIL tds return if there is no transaction during quarter
regards,
KIYOSH
Deepa
(accountant)
(21 Points)
Replied 29 October 2012
Sir,
i have filled 26q q1 and 26q q2 , for the same challan but i have to fill only for q2 4 days before, now i want to cancel q1 tds filied, but while i am going to download consolidated statement it, shows challan details not matched, so how to cancel q1 return, plz help me.
CAclubindia
