How to file NIL return?

The concept of NIL Return is the Total income exceeds the exmepted level and comes under madatory provision to file return.

Here if you enter all the details of your income and investment, the taxable income is less than the slab rate, then the tax amount is NIL.

The system will calculate tax in E-filing... So, if you know you have zero taxable income, just fill the income and exemption and deducions under various sections system will say Zero tax and then submit the form.