Salary TDS Return 24Q: Filing a Nil Return Explained

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This discussion addresses whether a nil TDS return (24Q) can be filed if no tax has been deducted on salaries. While technically not required if there's no tax liability, practical advice suggests filing the return, especially for the fourth quarter. This ensures all employees, even those with non-taxable income, are included, facilitating the generation of Form 16 which is often needed for loan applications and other purposes.

jaya

jaya (Querist)

15 May 2023 hi,
if there is no tds on salary, then can we file nil return without paying dummy amount u/s 92B?
somebody told me that we have to pay, say Rs. 10/-, then only we will be able to file the return.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

16 May 2023 Yes, see the link for procedure.
https://saral.pro/blogs/procedure-to-file-nil-return-of-tds-through-traces/#:~:text=What%20is%20a%20NIL%20Declaration,tax%20during%20the%20relevant%20quarter.

Sowmya.G

Sowmya.G (Expert)

07 January 2025 Do you mean that you have X number of employees who do not have taxable salary but you want to file a tds return?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

07 January 2025 No need to file TDS return in such a case.

Sowmya.G

Sowmya.G (Expert)

07 January 2025 Practically now most of the salaried employees are opting for various loans for which many banks have mandated form 16 from employers. It is advisable to file atleast 24Q for 4th quarter with annexure 2 that has salary details of all employees (including those with non-taxable income). This will help in generating Form 16 for all alleviating pragmatic difficulties. Though IT department has not mandated this, this suggestion is given on basis of practical experience.

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