Income Tax

1101 views 8 replies

whether it is required to file nil return of e tds even if their is no tds liability

Replies (8)

No need to file in case there is no deduction. However, exception is that suppose only eligible ransport payments are there and owing to the furnishing of PAN there is no deduction, then return has to be filed.

No need!

returns are filed only to effect the deduction of same while asseessing for Income tax

there is no need to file...

however it is advisable to do so for future refrences or disputes...!!!

peace..!!

 Interest income from bank deposits is Rs40,000 and other income from delivering lectures in a institute is Rs48,000 and in both cases TDS has been deducted and remitted to the Income tax Dept by the bank and also the institute, then which I.T. Form is to be filled  for claiming refund as the income does not qualify for payment of any tax    

ITR 4

as lectures are given in his professional capacity

No Need to file but filing the return is a good practice.

No need to file a nil return of Tax deduction at source

No one is giving complete suggestions?

(1)Mr US Sharma's reply was good, but then when I found that ITR4 contains more than 30 pages and it looks ridiculous to me ?

(2) Suggestions from other friends are simply naive e.g. " No need to file the return " but that is no solution as my interest is to get refund of the TDS

(3) I am reprating again that I do no fall in the taxable category for AY 2009-2010.

(4) Another dimension is that if I file ITR 4 once then is it obligatory to always file all retirns in ITR 4 because i will always have few thousands as income from lectures, which is termed as profession

I earnestly request for a professional suggestions in this site

Thanks to all  

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
06 July 2026
C.A./CA Inter OR pursuing C.A./GST/Accounts/Audit/IT - Head

Arvindkumar Maniar & Co.

Rajkot

CA

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
29 June 2026
Accountant (Finance & Compliance)

TRIEYEZ

Kolkata

CA

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details