TDS CPC was added new option that is Declaration on non-filing of e-tds, whether it is mandatory or optional, whether it is mandatory for FY 2013-14 applicable or not?
07 June 2014
A new facility(option) has been opened at TDS CPC on traces in respect of Nil Returns . The deductor after logging into his account simply has to declare/update the record regarding Nil return in a particular quarter , in turn the deductor will be free from the notices which otherwise are being sent for non filing of TDS return for that quarter. It is going to be big sigh of relief for the deductors, saving of paper, cost and valuable man power .Further more TDS CPC will also be acquainted with the information about the deuctor otherwise earlier TDS CPC has no option but to send the notices for non filing of Returns.