Tds nil statement

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RAMESH (Querist)
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04 October 2013 in case of no transactions for the respective quarter, whether we need to file the nil TDS statement or not. if not required, which section it is... as per new rpu last return filed prn is required. who to handle this situation.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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04 October 2013 Dear Ramesh,

It is always advisable to file TDS return even if there is no transaction to report. Nil returns help in maintaining continuity and helps in avoiding queries from tax office.

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