GUYS...
IS THERE ANY LOGIC OF WHY TDS RETURN FILED QUARTERLY ??
AND
WHY THE DATE FOR LAST QUARTER'S RETURN HAVE A TIME GAP OF 1.5MONTH INSTEAD OF 15 DAYS??
.
.
pls only logical replies needed....
Menu
Tds return
Replies (1)
If a company is large, and if the TDS return is to be filed only once yearly, imagine the load of entries to be recorded in TDS software. It will take a month for one employee. Filing TDS return quarterly will reduce the load of entries been filed and its easier for the company to manage, and even NSDL to process the data.
Most companies try to finalize trial balance by the end of April, so IT has given some time off to file TDS returns.
Recent Threads
- ITR 2 filing error after validation
- ITR filing STCG LTCG
- TDS deducted against PF withdrawal
- VRS / Severance Pay full exemption u/s 89 ( 10E fo
- Sponsorship fees GST
- Error in verification of ITR-2
- Form 12aa for Religious and Charitable trust
- Schedule 112A CSV template
- RNOR status and exemption on RFC account interest
- Upload error for ITR 2 filing after validation
Related Threads
CAclubindia
