Filing of TDS Returns

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Is it compulsory for an assessee to file TDS Return when he is not liable to deduct tax during any year/quarter ? How much penalty is their if he doesn't file tds return in time ?
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if the assessee deducts tax only then he is liable to file tds return in form 26Q or 24Q as the case may be. penalty should be paid only if the department demands otherwise not since that penalty is not a deductible expenditure

Originally posted by :shashin
" Is it compulsory for an assessee to file TDS Return when he is not

liable to deduct tax during any year/quarter ?

How much penalty is their if he doesn't file tds return in time ?
"

There is no need for filing nil return of TDS.


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