Dear Sir,
Kindly confirm the following:
1. Whether a supplier of "Online Information and Database Access or Retrieval Services" needs to file Annual Return under section 44(1)?
Thank you.
With regards,
R. Marimuthu.
Menu
Annual Return for OIDAR reg
Replies (1)
Hi Marimuthu,
Generally, all taxpayers are required to file the return with certain exceptions such as taxpayers who have obtained registration as:
1. 'Casual Taxable Persons' or 'Non-resident taxable persons' like exhibitors.
2. 'Input service distributors' to distribute the input tax credit of services that are invoiced in one location however, are to be used in different States (for instance- distribution of input tax credit pertaining to advertisement services invoiced in one State, however, is used in other States).
3. Person liable for deduction of tax at source. The Government has not implemented the deduction of tax at source related provisions.
Hence, supplier of OIDAR services is liable to file annual return on or before 31st December, 2018 (for the FY2017-18)
Generally, all taxpayers are required to file the return with certain exceptions such as taxpayers who have obtained registration as:
1. 'Casual Taxable Persons' or 'Non-resident taxable persons' like exhibitors.
2. 'Input service distributors' to distribute the input tax credit of services that are invoiced in one location however, are to be used in different States (for instance- distribution of input tax credit pertaining to advertisement services invoiced in one State, however, is used in other States).
3. Person liable for deduction of tax at source. The Government has not implemented the deduction of tax at source related provisions.
Hence, supplier of OIDAR services is liable to file annual return on or before 31st December, 2018 (for the FY2017-18)
Recent Topics :
- Taxation of Gift - Father to Daughter
- TDS on Property Purchased above 50lakh
- Accounting Treatment in Tally for Restaurant Sales
- Form 146 required
- Rule 86(B) Applicability
- ROC FILINGS FY2025-26
- Mismatch in 26AS
- How Can a Trader Utilise Approximately ₹1.20
- How Can Law Students Present Papers at Conferences
- On which amount 200% penalty under section 270A is
Related Topics :
CAclubindia
