Tds
This query is : Resolved
23 June 2012
Hello,
please suggest me - I have pvt ltd. company,
its necessary TDS return to be filed if we not deducted any TDS (mean we have not liability for deducted tds )
please suggest me - I have pvt ltd. company,
its necessary TDS return to be filed if we not deducted any TDS (mean we have not liability for deducted tds )
23 June 2012
When liability is there for deduct TDS need to deduct, otherwise penalty will be attract.
if no tds liability - deduction not required
if no tds liability - deduction not required
23 June 2012
I think question is regarding Nil TDS return. If no TDS is deducted but there were transactions on which TDS was not deducted for either of the following reasons then TDS Nil Return needs to be filed-
1) As its on transporter and PAN was provided.
2) Threshold limit not crossed.
3) Due to certificate u/s 197
In these cases the details of above are required to be given even if TDS is not deducted and therefore a NIl return is required to be filed.
1) As its on transporter and PAN was provided.
2) Threshold limit not crossed.
3) Due to certificate u/s 197
In these cases the details of above are required to be given even if TDS is not deducted and therefore a NIl return is required to be filed.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- ITR selection for salaries and capital gain less than L
- Share accounting-->fifo - capital gain - period as per fifo?
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR returnFY25-26
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Soyabean hsn code and gst rate
- Treatment of Pension ?annuity returns on PMVY
- ITR 2 Short Term gain & Long term gain
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
