• TDS query

Hi- Can you please tell me What is Annual TDS return ?

I file 27Q quarterly . Do I need to file Annually now ? 
Can you please tell me which form I need to file ?

Thank you
Asked 6 years ago in Income Tax

Hi,

 

There is no annual TDS return specifically. You need to file TDS returns each quarter.

 

In TDS on salary, the fourth quarter return is considered to be an annual one as it captures the annual salary of all the employees in its annexure.

 

Thanks

Damini

Damini Agarwal
CA, Bangalore
504 Answers
31 Consultations

Hello Sir,

 

No, you do not need to file annually return.

 

Form 27Q is a TDS Return or Statement containing details of Tax Deducted at Source (TDS) deducted on payments other than salary made to Non-Resident Indian (NRI) and foreigners. Form 27Q is required to furnish on a quarterly basis on or before the due date. Form 27Q contains details of payments made and TDS deducted on payments made to NRI by the deductor.

Karishma Chhajer
CA, Jodhpur
2452 Answers
29 Consultations

There is nothing such as annual return of TDS as of now.

You just need to file it quarterly.

Hope you find the information helpful if you do please rate it 5 and provide your valuable feedback for my improvement.

Thank you

Naman Maloo
CA, Jaipur
4303 Answers
101 Consultations

Dear Sir,

 

Hope you are doing well !!

 

There is no annual TDS return.

 

So, you just need to file quarterly TDS returns. 

Payal Chhajed
CA, Mumbai
5189 Answers
302 Consultations

Hello,

 

There is no Annual TDS return.

Form 27Q TDS Return is filed where deductee is a non-resident, foreign company and is required to be filed quarterly.

In case you want to know which form you are required to file, you should give the details of payment on which you deduct TDS.

 

I hope this answer satisfies your requirement.

 

Regards,

CA Hunny Badlani

Hunny Badlani
CA, Madhya Pradesh
2608 Answers
16 Consultations

Hi

 

No Annual return in TDS ,Only Quarterly filling required.

 

 

Hope it helps

Swati Agrawal
CA, Mumbai
1146 Answers
7 Consultations

There is nothing called annual TDS return.

 

TDS return is to be filed quarterly in income tax.

Lakshita Bhandari
CA, Mumbai
5687 Answers
942 Consultations

- There is no annual TDS return. Form 27Q deals with the TDS return of payment made to non-residents which is to be filed quarterly only.

Vivek Kumar Arora
CA, Delhi
5012 Answers
1135 Consultations

Welcome !!

Payal Chhajed
CA, Mumbai
5189 Answers
302 Consultations

Your welcome

Naman Maloo
CA, Jaipur
4303 Answers
101 Consultations

You're Welcome.

Hunny Badlani
CA, Madhya Pradesh
2608 Answers
16 Consultations

Most welcome sir

Vivek Kumar Arora
CA, Delhi
5012 Answers
1135 Consultations

You're welcome.

Karishma Chhajer
CA, Jodhpur
2452 Answers
29 Consultations

You're welcome

Lakshita Bhandari
CA, Mumbai
5687 Answers
942 Consultations

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