ITR FILLING

Is it compulsory to every firm that they have to fill income tax return monthly
Replies (7)
Quick Summary
This discussion clarifies that Income Tax Returns (ITR) are filed annually, not monthly, for all firms, regardless of their income. While TDS (Tax Deducted at Source) payments are quarterly, the main ITR is a single, yearly submission required from every firm.

Income tax return is a yearly return
ITR is required to be filed by each firm whether or not it has any income.

Only a single return is required to be filed

Yes your firm is fully liable to file it return every year not monthly.

Yes.. it is compulsory irrespective of the income.
No its annual return.


TDS IS QUARTERLY...
Its an Annual return and not monthly return.
Income Tax annual return is submitted by an assesse

individually .


TDS DEDUCTED NEEDS TO BE DEPOSITED TO THE TREASURY SO THAT IS A QUARTERLY RETURN..

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