Dear sir
Our turnover is approx 1crore to 2core.
We are doing TDS return quarterly and TDS payment monthly.
Is it possible do the TDS return yearly , if possible, when is the due date and procedure?
I heard as per turnover VAT return, service tax return quarterly, yearly is possible.?
What about the TDS return?
Will be appreciate ur kind reply.
No Annual TDS Returns: Must File Quarterly Despite Turnover of 1-2 Crore; Monthly Payments Required by 7th. A forum participant inquired about the possibility of filing TDS returns annually instead of quarterly, given their business turnover of approximately 1 to 2 crore. They mentioned that VAT and service tax returns could be filed quarterly or yearly and sought clarification on TDS procedures. The response clarified that TDS payments are made monthly before the 7th of the following month, and TDS returns are filed quarterly, with specific due dates. It was confirmed that there is no provision for filing TDS returns annually. (AI Summary)