flat transfer need for form27?

Querist : Anonymous (Querist) 31 October 2009 This query is : Resolved
Pls advie is the form 27 under bye law38 e 1 pertaining to declaration to Income tax dept for value above 75lac transactions is still valid or is now not required?

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Raj Kumar Makkad (Expert) 31 October 2009
Yes it is still valid.

yogesh (Expert) 31 October 2009
what exactly is form 27 ???

Sachin Bhatia (Expert) 31 October 2009
Yes it is still valid.

Sachin Bhatia (Expert) 31 October 2009
Form 27 is used to File Quarterly TDS Returns for tax deducted from payments to Non residents. Has to be filed before 15 days of the end of the respective quarter. For Corporates it is mandatory to file e-TDs, others have an option to file either hard copy or E-TDS.

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