https://help.tallysolutions.com/docs/te9rel64/Tax_India/VAT/vat_reports/BR_Annual_Return_Summary.htm

Annual Return Summary (VAT)

This section provides a summary of all the periodic returns for the year based on the transactions and returns available in the books. The number of returns included for annual return, of which, how many are modified and need re-computing and, return periods for which returns are not saved statistics are displayed here.

Total number of quarterly returns for the financial year

Displays the number of periodic returns in the financial year based on the books beginning date. Drill down on this row to view the List of total returns in the period report comprising of list of months or quarters in the year and status of their returns. The status of a return can be original, revised, modified or not saved.

The List of total returns in the period report appears as shown below:

The report displays the following details:

Particulars : Displays the return period name.

Date : Displays the date on which the return was saved, revised or modified.

Status : Displays the status of the return.

o Original : Displayed when the return is saved for the period.

o Modified : Displayed when a saved return is modified and not recomputed.

o Revised : Displays when a modified return is computed and saved as revised.

o Not saved : Displays when return for the period is not saved.

Press Enter on any period to display the Form RT-I report for that period. Unsaved and modified returns can be recomputed and saved to be included in annual returns.

Note: When a return is modified, the pre-modified value of that period is considered in the annual return until it is recomputed and saved again.

Returns available (included in annual returns)

Displays the count of all periodic returns that are saved (as original and revised) and included in annual returns. Drill down from this row to view the List of returns included report with names of monthly or quarterly returns included in the annual return. The returns with status as original, revised and modified are included.

The List of returns included appears as shown below:

The report displays the following details:

Particulars : Displays the period return name.

Date : Displays the date on which the return was saved, revised or modified.

Status : Displays the status of the return.

o Original : Displayed when the return is saved for the period.

o Modified : Displayed when a saved return is modified and not recomputed.

o Revised : Displayed when a modified return is computed and saved as revised.

Press Enter on any period to display the Form RT-I report for that period.

Note: When a return is modified, the pre-modified value of that period is considered in the annual return until it is recomputed and saved again.

Returns modified (recompute to include updated value in annual return)

Displays the count of periodic returns modified and not recomputed. Drill down from this row to view the list of periods for which returns were modified after having been saved. The values before modifying the returns are considered for annual returns. The periodic return has to be saved as revised or overwritten to update the latest values in annual return.

The List of returns modified appears as shown:

The report displays the following details:

Particulars : Displays the period return name.

Date : Displays the date on which the transaction was recorded to modify the return.

Status : Displays the status of the return.

o Modified : Displayed when a saved return is modified and not recomputed.

Press Enter on any period to display the Form RT-I report for that period. You can recompute the return and save it by overwriting or as revised.

Note: When a return is modified, the pre-modified value of that period is considered in the annual return until it is recomputed and saved again.

Returns not available (save to include in annual return)

Displays the count of all periodic returns which are not saved and are not part of annual return. Drill down from this row to view the list of periodic returns that are not saved, hence not included in annual returns.

The List of returns not found appears as shown:

The report displays the following details:

Particulars : Displays the period return name.

Date : No date is displayed.

Status : Displays the status of the return.

o Not saved : Displayed when return for the period is not saved.

The values from the period for which return is not saved are not considered in annual return. The return for this period has to be saved to be considered for annual return.

Press Enter on any period to display the Form RT-I report for that period.