Filing of returns - effect of notification dated 17/02/2010

[madhavvan n]

The latest notification on TDS rules dated 17/02/2010, which are effective from 01/04/2009 does this mean that the returns for all 3 quarters for F.Y. 08-09 have to be revised and filed in new format given readers for your views

[Rama Krishana]

I do not think so. The returns submitted earlier may not be revised based on new format. Though the notification is applicable with effect from 1-4-2009, but the procedural part can be prospective only. A procedural part can not operate with retrospective effect.

AI Summary

Procedural amendment to TDS return format operates prospectively; previously filed fiscal-year returns need not be revised under the notification. Procedural amendments to the TDS return format introduced by the notification are prospective in operation and therefore do not require revision or re filing of returns already submitted for the relevant quarters of fiscal year 2008-09; procedural filing requirements cannot be imposed retrospectively.