Tds
This query is : Resolved
24 July 2014
hi, is there anyone know how to file a nil return? if u know plz tell me
24 July 2014
what to know put "o" in all amount....but there is no need to file this nil return...............
24 July 2014
but in banks they want to file the nil return.. wat should i enter in the pan & name column
24 July 2014
in pan u need to fill actual number and in amount col fill as nil.
24 July 2014
sry i didn't understand can u plz give an example? wat is the actual number?
Nikhil Kaushik
(Expert)
25 July 2014
see, you will provide all the details as required. in challan details, you shall provide as following:
If there is no challan i.e. when no tax has been deposited, then challan sheet should be filled as below -
Field Value
Value
Serial No. (Column no. 301/401/651/701)
1 Section Code(Section Relevent to the Nature of Payment/Collection): From DropDown Menu
2. Amount Fields i.e. TDS,Surcharge,Education Cess,Interest and Others(Column no 302/402/652/702 to 306/405/657/707) : 0.00 (Zero)
3. Cheque / DD number :Blank
4. Date on which tax deposited (Column no. 311/410/662/712) last day of respective quarter e.g. for quarter 1: 30/06/2014
5. Transfer voucher / Challan serial No. (Column no. 310/409/661/’711): Blank
6. Whether TDS/TCS Deposited by Book Entry ?(Yes)/(No)
7. (Column no.308/407/659/709)" Blank
8. Interest: 0.00 (Zero)
9. Others : 0.00 (Zero)
In deductee details, please provide the Appropriate reason for non-deduction. I presume that in the bank the reasons shall be:
1. Form 15G/15H has been submitted.
In this case use "A" in Remarks (reason for non-deduction/lower deduction/ higher deduction/threshold)
2. the payments made are below the threshold limit.
In such cases use "Y" in Remarks (reason for non-deduction/lower deduction/ higher deduction/threshold)
If there is no challan i.e. when no tax has been deposited, then challan sheet should be filled as below -
Field Value
Value
Serial No. (Column no. 301/401/651/701)
1 Section Code(Section Relevent to the Nature of Payment/Collection): From DropDown Menu
2. Amount Fields i.e. TDS,Surcharge,Education Cess,Interest and Others(Column no 302/402/652/702 to 306/405/657/707) : 0.00 (Zero)
3. Cheque / DD number :Blank
4. Date on which tax deposited (Column no. 311/410/662/712) last day of respective quarter e.g. for quarter 1: 30/06/2014
5. Transfer voucher / Challan serial No. (Column no. 310/409/661/’711): Blank
6. Whether TDS/TCS Deposited by Book Entry ?(Yes)/(No)
7. (Column no.308/407/659/709)" Blank
8. Interest: 0.00 (Zero)
9. Others : 0.00 (Zero)
In deductee details, please provide the Appropriate reason for non-deduction. I presume that in the bank the reasons shall be:
1. Form 15G/15H has been submitted.
In this case use "A" in Remarks (reason for non-deduction/lower deduction/ higher deduction/threshold)
2. the payments made are below the threshold limit.
In such cases use "Y" in Remarks (reason for non-deduction/lower deduction/ higher deduction/threshold)
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25 July 2014
In deductee details, wat should i put in the PAN & Name column sir in nil tds return?
25 July 2014
In deductee details, wat should i put in the PAN & Name column sir in nil tds return?
25 July 2014
In deductee details, wat should i put in the PAN & Name column sir in nil tds return?
25 July 2014
In deductee details, wat should i put in the PAN & Name column sir in nil tds return?
25 July 2014
In deductee details, wat should i put in the PAN & Name column sir in nil tds return?
25 July 2014
In deductee details, wat should i put in the PAN & Name column sir in nil tds return?
25 July 2014
In deductee details, wat should i put in the PAN & Name column sir in nil tds return?
Nikhil Kaushik
(Expert)
25 July 2014
yes. provide the Name, PAN number and the amount paid to the deductee. in tds column put 0.00
Nikhil Kaushik
(Expert)
25 July 2014
yes. provide the Name, PAN number and the amount paid to the deductee. in tds column put 0.00
Nikhil Kaushik
(Expert)
25 July 2014
yes. provide the Name, PAN number and the amount paid to the deductee. in tds column put 0.00
Nikhil Kaushik
(Expert)
25 July 2014
yes. provide the Name, PAN number and the amount paid to the deductee. in tds column put 0.00
Nikhil Kaushik
(Expert)
25 July 2014
yes. provide the Name, PAN number and the amount paid to the deductee. in tds column put 0.00
25 July 2014
for nil return, we wont pay any TDS, then how should we enter the pan number & name of the deductee?
Nikhil Kaushik
(Expert)
25 July 2014
Dear Bharathi,
so that the payment made to deductee can be reflected properly.
so that the payment made to deductee can be reflected properly.
25 July 2014
sir, there is no deductees, bt in bank they want me to file a nil return, is that possible?
Nikhil Kaushik
(Expert)
25 July 2014
no. then it is not possible.
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