Quarterly return option for eligible small taxpayers with conditions on prior filing, turnover threshold, deemed options and revision window. Notification permits registered persons below the prescribed aggregate turnover threshold to opt for quarterly return filing while paying tax monthly, subject to prior furnishing of the return for the preceding month at the time of option, continuation of the selected option unless revised, loss of quarterly eligibility if turnover exceeds the threshold during a quarter from the succeeding quarter, deemed options for certain filing classes, and an electronic window to change the default option on the common portal.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Quarterly return option for eligible small taxpayers with conditions on prior filing, turnover threshold, deemed options and revision window.
Notification permits registered persons below the prescribed aggregate turnover threshold to opt for quarterly return filing while paying tax monthly, subject to prior furnishing of the return for the preceding month at the time of option, continuation of the selected option unless revised, loss of quarterly eligibility if turnover exceeds the threshold during a quarter from the succeeding quarter, deemed options for certain filing classes, and an electronic window to change the default option on the common portal.
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