Nill tds return

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
15 May 2012 Dear sir,
please give me solution for nil tds return not filed,if we are not nil tds return file so what the penalty.

15 May 2012 There is no penalty for non-filing of nil TDS return.

15 May 2012 Dear,

You need to file TDS return in following case also

1. Payment to transporter
2. Non deduction/lower deduction of tax on production of NIL certificate

Be careful, if any such transactions are there you need to file NIL TDS return also otherwise penalty will be levied by IT

15 May 2012 Dear User,
,
Prima facie there will be no penalty for Nil return but you will have to file the return as soon as possible to avoid any problems which may occur.

From this budget, Interst is being charged for delay furnishing of return. So be careful to file the return on time.


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details