TDS

This query is : Resolved

Report Abuse Follow Query Ask a Query

Sameer A. Jadhav

Sameer A. Jadhav (Querist)
Follow

02 June 2009 Whether is it compulsory to file tds return if the assessee has taken TAN No.?

CA MEENAKSHI MANGLA

CA MEENAKSHI MANGLA (Expert)
Follow

03 June 2009 From current changes in TDS provision , now it become compulsory to file tds return if you have deducted tds, even not submitted

Sameer A. Jadhav

Sameer A. Jadhav (Querist)
Follow

03 June 2009 You are right but whether is it compulsory to file TDS return if assessee has taken TAN no. but not deducted TDS at all?

Sameer A. Jadhav

Sameer A. Jadhav (Querist)
Follow

03 June 2009 You are right but whether is it compulsory to file TDS return if assessee has taken TAN no. but not deducted TDS at all?

CA Deepak S

CA Deepak S (Expert)
Follow

03 June 2009 As per the ammended provisions it is mandatory for all TAN holders to furnish electronically the quarterly statement of compliance in Form 24C irrespective of whether or not a TDS/TCS transaction has been effected during the quarter or not.
See Rule 31A. It clearly states that every person who has been allotted a TAN under section 203A shall file quarterly statements in Form 24C