Tds nil return

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Gorav Kumar Goyal (Querist)
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27 September 2012 Whether Nil TDS return is mandatory in case of 24 Q &26Q.
In case of contractor providing service of plying,hiring of goods carriages tds is not deducted if PAN no. is available, whether we have to provided its details in TDS return.

And also in case of lower deduction of tds if certificate is provided u/s 197 by client then whether we are required to provided details in this regard in TDS return.

meher

meher (Querist)
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27 September 2012 I HAVE RECENTLY COMPLETED CA PCC (MAY 2012). TO APPEAR IN NOV 2013 EXAMS WHEN I HAVE TO REGISTER?

CA Ashish Sharma

CA Ashish Sharma (Querist)
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27 September 2012 Whether Previous year's figure of Financial statement should be restated in Financial statement for the compliance of Revised schedule VI .

Prashanth

Prashanth (Expert)
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27 September 2012 @ Asish Sharma,

Yes,previous year figures to be restated in Revised Schedule-VI

Gorav Kumar Goyal

Gorav Kumar Goyal (Querist)
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28 September 2012 Whether Nil TDS return is mandatory in case of 24 Q &26Q. In case of contractor providing service of plying,hiring of goods carriages tds is not deducted if PAN no. is available, whether we have to provided its details in TDS return. And also in case of lower deduction of tds if certificate is provided u/s 197 by client then whether we are required to provided details in this regard in TDS return.

Read more at: https://www.caclubindia.com/experts/modify_message.asp?entry_id=543504

Asha Kanta Sharma

Asha Kanta Sharma (Expert)
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22 July 2025 Here’s a clear breakdown for your TDS NIL return queries:

Is filing NIL TDS return mandatory for 24Q and 26Q?
Yes, filing NIL TDS returns is mandatory even if no TDS was deducted during the quarter or year. This is required to comply with the return filing norms.
In case of contractors providing services for plying/hiring of goods carriages, if TDS is not deducted because PAN is available, should their details be provided in the TDS return?
If no TDS is deducted, you are generally not required to report such contractors in the TDS return for that period.
If lower deduction certificate under Section 197 is provided by the client, is it necessary to provide details of such certificates in the TDS return?
Yes, details of lower or nil deduction certificates under Section 197 must be reported in the TDS return.

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