Nil return

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10 October 2013 Is it compulsory to filled Nil Return ....if we r having TAN no.?????

CA Pallav Singhania

CA Pallav Singhania (Expert)
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10 October 2013 As per latest notification,
CBDT made a great move Which implies that Nil TDS return is no more permissible..

https://taxguru.in/income-tax/nil-tds-return.html

Guest

Guest (Querist)

10 October 2013 Can u pls provide the link of dis notification.........

Nikhil Kaushik

Nikhil Kaushik (Expert)
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10 October 2013 Refer to Aryan's post for the link

Guest

Guest (Querist)

10 October 2013 In dat .........NOTIFICATION is not dere...it is jst a information/post...... i need a notification.....

CA Pallav Singhania

CA Pallav Singhania (Expert)
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10 October 2013 Haven't got Circular/Notification No.
Got the info from the TaxGuru Anamikaa ji..

However, I believe it to be true...

Nikhil Kaushik

Nikhil Kaushik (Expert)
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10 October 2013 Dear Anamika,

Three days ago an email was sent out by CPC TDS cell.

I have uploaded the text of the email for your reference at the following link:

https://www.caclubindia.com/forum/email-from-cpc-tds-for-tds-return-filing-267612.asp#.Ulai41NEOT4

refer to point d of the file attached therein.

Guest

Guest (Querist)

10 October 2013 Thanx.........but i need a NOTIFICATION........ not any mail.....

Nikhil Kaushik

Nikhil Kaushik (Expert)
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10 October 2013 I hope u understand that there is no notification. Procedure to file tds returns are decided by tds cell and these instructions are issued by the department

Guest

Guest (Querist)

11 October 2013 :-(((((((((((((((((((

Ganeshbabu K

Ganeshbabu K (Expert)
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18 October 2013 Dear anamika
.
.
Yes there is no notification to support that nil tds return not mandatory
.
.
however

1)FAQ of NSDL website says nil tds return not mandatory
.
2)as per new FVU utility it is not possible to file return with nil challan and nill deductees so we can also support from here that nil tds return not possible

3)Nil TDS return NOT MANDATORY
.
Kindly refer Subrule 1 to rule 31A
.
words used was (person responsible to deduct tax)
.
4)subsection 200(3) also supports us in the same manner

Ganeshbabu K

Ganeshbabu K (Expert)
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18 October 2013 However if department claims us why returns not filed we can reply to department with the aforesaid reasons and the same will be acceptable
.
.
howeever there are some cases where it is made mandatory to file tds return if you have payments to transporters in the respective quarter if you want to go strictly as per law
.
.
kindly find below link containing my article which gives you detailed guidence on that,,kindly refer to comments to article which also will help you
.
https://www.caclubindia.com/articles/inclusion-of-transporters-details-in-tds-returns-are-mandatory-17543.asp#.UmDiRvmnqWY

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