Tds nil return

Save Share

Join Us Follow Us Add as Source

This query is : Open

Report Query Ask a Query

fakrudheen

fakrudheen (Querist)

13 July 2016 some of the quarter we have no TDS Deduction & Payment, so that we are liable to file nil Return

Shubham Gupta

Shubham Gupta (Expert)

13 July 2016 yes , you have to file nil return.

Shubham Gupta

Shubham Gupta (Expert)

13 July 2016 yes , you have to file nil return.

fakrudheen

fakrudheen (Querist)

13 July 2016 if failed to file NIL Return, what are the consequation?

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)

26 May 2019 It is not mandatory to file nil TDS return if you have not deduct TDS for any quarter. However you have to file a declaration for non filing of TDS Return. The Deptt. has introduced a new functionality in the TRACES site wherein the persons who are not required to submit a return of TDS due to non applicability in any particular quarter shall have to submit a Declaration for the same on TRACES. Procedure for filing of Nil TDS return/ declaration for non filing of TDS statement is given below: 1. Login through your registered id at www.tdscpc.gov.in (TRACES site) 2. Go to Statement/Payments TAB after login > Declaration for Non filing of TDS statement

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now