Is tds return is mandatroy for non filing of nil tds return
This query is : Resolved
ashish agarwal
(Querist)
30 April 2013
since, there is no liability for deduction of tds in case of transportation if they furnish pan no.
is tds return is mandatory by deductor in above case?
if yes what will be penelty for non filing of tds return in above case?
is tds return is mandatory by deductor in above case?
if yes what will be penelty for non filing of tds return in above case?
30 April 2013
If you have filed the TDS return in earlier quarters, it is advisable to file Nil returns.
Else in future when you deduct TDS for any other purpose and file the TDS return, there will be a gap between last return filed and current return and you can expect a letter for ITO ask for explanation.
Else in future when you deduct TDS for any other purpose and file the TDS return, there will be a gap between last return filed and current return and you can expect a letter for ITO ask for explanation.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- GST input credit on commercial property
- GSTR-9C filing
- GST ITC as per notification 12/2023- central tax
- Urd purchase entry in tally prime
- Advances to related party
- Royalty payments to the Mining Department for procurement of murum - GST input
- IMS (import of goods) ITC related
- Applicability of tax on invoice
- Gift to nri relatives residing in usa
- LLP audit and disclosure
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
