Nill TDS Return FY 2025-26

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If you haven't deducted TDS for the financial year 2025-26 because payments were below the threshold, you generally don't need to file a Nil TDS return. However, if you've filed previously or are a regular deductor, submitting a Nil declaration on TRACES is recommended for compliance. Log in to TRACES, go to Statements/Payments, and select 'Declaration for Non-filing of TDS Statements (Nil Declaration)', choosing 'Payment below threshold' as the reason.

Husseini

Husseini (Querist)

30 July 2025 I have deducted TDS on Rent and filed TDS Return for the F.Y 2024-2025. Now Rent payment amount is under Rs.50000/- and tds not deducted. Does Nill TDS return is mandatory to file or any declaration to submit the Income Tax department for Nill Return

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

30 July 2025 Filing a Nil TDS return is generally not mandatory if you have made no payments that require TDS deduction during a quarter, even if you have previously deducted TDS and filed TDS returns.
TRACES allows deductors to file a Nil TDS return—a declaration stating that there are no TDS transactions for a specific quarter. This helps maintain compliance, especially if you have filed TDS returns in earlier quarters or are a regular deductor.
After login to TRACES, Go to the Statements/Payments section and locate the Declaration for Non-filing of TDS Statements (Nil Declaration) option.
Submit the required details

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Husseini

Husseini (Querist)

30 July 2025 On Traces site Declaration for Non - Filling of TDS Statement ( Nil Declaration) Reason asking 1) Not liable to deduct for the selected statement period. 2) Payment below threshold to deductee.
In between these 2 option which one i have to select?.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

30 July 2025 Choose option 2.

Husseini

Husseini (Querist)

30 July 2025 Thank you very much sir

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Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

30 July 2025 You are welcome.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)