Do the GAR 7 contains the field of Period i.e. quarterly of monthly
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 28 December 2010
no, no period mentioned in GAR7, date of payment only reflects, and its upto assesee to show it in returns
Chinmay
(Accounts Professional)
(356 Points)
Replied 28 December 2010
Correct agreed with my friends......
It is depend up on assesee:
In case of Company = Monthly Payment required;
In other case = Quarterly Payment required;
But must be filed half yearly return even though you are not made payment / receivable.
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