TDS return

[yujin kim]

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.

AI Summary

TDS return frequency: quarterly filing required while tax deducted is paid monthly before the statutory due date.
TDS must be paid monthly when the tax is paid or credited, by the prescribed due date; there is no procedure allowing annual TDS payments. TDS returns are required quarterly, with returns filed in the month following each quarter and a later due date for the final quarter of the financial year; an annual return is not an authorized substitute for quarterly filings.