Save Rs 588 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Nil return of tds for f.y.2011-12

Save Share

Join Us Follow Us Add as Source

This query is : Resolved

Report Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

18 August 2012 One of my cleint has not filled the NIL TDS Returns since he was not liable to deduct the TDS during the F.Y 2011-12.
He has filled the TDS return F.Y.2010-11 as he deducted the TDS during the year 2010-11 as he was covered under the Tax Audit during the F.Y 2009-10.
Now my cleint has received the notice from TDS department for non filling the TDS return & Penalty for Rs.100/- per day for the F.Y. 2011-12
please let me know whether filling of NIL return is necessary & whether online NIL TDS return will accepted or not in absence of paid challan.

Amol S Joglekar

Amol S Joglekar (Expert)

18 August 2012 The income tax department is of the view that NIL TDS return be filed. You need to convince the concerned TDS officer that for want of NIL details you have not filed it. Please take the help of ASSOCIATION (ITP, CA etc)if needed

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now