Dear experts,
I am from tamil nadu, I just registered TIN number by november 2010, i have raised tax invoices from november itself and sent to clients, but i am giving two months credit to my clients, i am not yet received any payment since i registered for TIN.
In this case whether i should file monthly returns or nil returns? whether i should pay tax amount to the tax department even the amount is not received yet. what is the filing charges, the concern person asking Rs.700 for filing monthly returns, is this right?
Please clarify.
Thanks in advance.
Kumar
CAclubindia
