Confused About Half-Yearly Returns After Annual Submission? Need Your Advice!

Good Afternoon! I need clarification. We submitted the Combined Annual Returns for the year ending 2012 to the Inspector of Factories. Now, we are required to submit the half-yearly returns for June 2013. I have learned that once the Combined Annual Returns are submitted, there is no need to submit the half-yearly returns. Your advice, please.

Regards, Sukumaran.

Dear Sukumaran,

Types of Returns

There are two types of returns: half-yearly and combined annual return. The first return covers the period between January 1st and June 30th, while the annual return combines the details of the entire year and the second half, which is from July 1st to December 31st every year.

Hope this clears it up for you.

Regards,
Eswar.K