C.A Final Student
472 Points
Joined July 2011
Hi Aditi,
Following are related to your query, Hopefully your qurey got resolved.
RETURNS:
(Form No. 8)
Category of dealer
|
Periodicity
|
Time limit
|
-
Annual Tax liability less than `. 5000/- in previous year
|
Yearly
|
By end of the month immediately succeeding the end of year.
|
-
Annual Tax liability exceeding `5000/- but less than `. 20000/- in the
previous year
|
Quarterly except for the months January and February.
|
By end of the month immediately succeeding the quarter. For the months January and February, dealer should file monthly returns for the said months on or before the last day of the respective immediately succeeding month.
|
-
Annual Tax liability exceeding `20000/- in previous year
|
Monthly
|
By end of immediately succeeding month.
|
-
Annual Tax liability exceeds `5000/-, in current year
|
1st April to end of quarter in which it so exceeds
|
By end of month immediately succeeding the quarter and thereafter-quarterly returns.
|
-
Annual Tax liability exceeds `20000/- in current year
|
Quarterly return till it exceeds `. 20000/- thereafter-monthly returns.
|
Due date as per (iii) above.
|
Thanks & Regards
Suraj Pahuja
Pahujasurajandassociates @ gmail.com