TDS on rent -TDS return
prasad
(Querist) 26 February 2010
This query is : Resolved
If I was liable to deduct tax on rent paid since 1st July,2009 but I have not done so. Now if I deduct the tax deductible since July and submit it to the govnt alongwith the interest, am I required to file the returns for the July-Sept quarter and Oct- Dec quarter? Pls advise me.
Or should I make three different payments for the 3 quarters and also submit the quarterly returns and also three diff form 16A to the payee?
A V Vishal
(Expert) 26 February 2010
YOU CAN DO IT EITHER WAYS VIZ. MAKE ONE PAYMENT AND FILE DIFFERENT RETURNS FOR ALL THE THREE QUARTERS OR PAY THROUGH THREE DIFFERENT CHALLANS AND MAKE THREE E TDS RETURNS. ALL YOU HAVE TO TAKE CARE IS TO SEE YOU MAKE INTEREST PAYMENTS FOR THE DELAYED DEPOSIT OF TDS.
Raj Kumar Makkad
(Expert) 26 February 2010
Nothing to add in the opinion of vishal.
prasad
(Querist) 27 February 2010
Thanks a lot.
soumitra basu
(Expert) 06 March 2010
There is little doubt regarding payment in a single challan. You can not file quarterly e-TDS return. Above all there may be some difference in form no. 26AS.
