Is tds return is mandatroy for non filing of nil tds return
This query is : Resolved
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
- Sales of goods of amount Rs97 lakhs to a party
- GST rate and HSN code for sale of racing horses
- 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?
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
