Nil return of tds

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Jitendra M.Gurejani (Querist)
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14 October 2011 Dear Respected members

My Query is whether it is mandatory to file Quarterly NIL ETDS return for 26Q and 24Q.?
Is there any notification for these?.
If it is mandatory, then what is the procedures to do that?
Please reply ASAP

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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15 October 2011 Nil TDS return no mandatory except form 24q4

CA VISHAL RANA,CS,B.Com,AMFI

CA VISHAL RANA,CS,B.Com,AMFI (Expert)
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15 October 2011 PARSHANT SIR REALLY IT IS TRUE NIL TDS RETURN NOT MANDATORY FOR 26Q..CAN U PROVIDE SOURCE

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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16 October 2011 If it is mandatory, please provide the source for the same.I may be not updated also

CA Dileep Surya Kumar

CA Dileep Surya Kumar (Expert)
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22 October 2011 i agree with ramesh, nil TDS return not mandatory.

ref sec.200(3)income tax act:
Any person DEDUCTING ANY SUM ON after the 1st day of April, 2005 in accordance with CHAPTER XVII ,after paying the tax deducted to the credit of the Central Government within the prescribed time, prepare such statements for such period as may be prescribed and deliver or cause to be delivered to the prescribed income-tax authorityor the person authorised by such authority such statement in such form65 and verified in such manner and setting forth such particulars and within such time as may be prescribed.

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