as we are aware that no nil returns have to be filed in TDS from which date it is in effect. moreover if a employer deducts tds only in 3rd and 4th quarter with relevant quarterly incomes , how to issue form 16, how to show complete income ( income on which TDS has not been deducted). Please clarify
09 January 2014
Dear sachin . . yes it is true that nil tds return is not required to filed and no penalty . . but please note that nil tds return means "pure nil tds return" where deductee details and challan amount both are nil value. . . however if you have deductee details and nil challan amounts which can be flagged as A,B,T,Z, transactions . .***************************** in your case you will have deductee pan details(employees pan) but nil challan so you mandatorily required to file tds return in my opinion(with deductee pan details and nil challan)--so that you will get form 16 for full salary paid .. we mandatorily required to file our tds return otherwise...penalty under section 271H can be levied on you . . you may refer below link to know detailed . . nil tds return not mandatory-but there are exceptions . https://www.caclubindia.com/experts/tds--1488439.asp#.UnJC6CeZ96M
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