QRMP SCHEME

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7059 Points Posted on 04 February 2021
Is it mandatory to choose QRMP Scheme all taxpayers?
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On 04 February 2021 at 23:19 Report
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Quick Summary
The QRMP (Quarterly Return Monthly Payment) scheme allows taxpayers with an annual turnover of up to ₹5 crore to file returns quarterly. However, it is not mandatory for all taxpayers to opt for this scheme. Businesses have the choice to select it based on their needs and turnover.

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Chartered Accountant
24588 Points Posted on 04 February 2021
If turnover is upto 5 crores rupees then QRMP scheme should be opted
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On 04 February 2021 at 23:23
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CA
1258 Points Posted on 12 February 2021

No, QRMP Scheme is not mandatory for all taxpayers

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On 12 February 2021 at 14:47

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