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Is it Compulsory to file TDS return in case of No deduction

TDS / TCS 1965 views 4 replies

Facts are :

1 Quarter 1 - tds return filed.

2. In the quarter 2 & 3 there are no deductions as no vendor related transactions.

Question : Is it compulsory to file Nil TDS return once the company is having TAN ??

                   If the answer to above is No and a Query is recd from deptt of Directorate General of I-tax, for non-filing of return for above periods. Whether any kind of reply needs to be given or it can be ignored ??

 

Replies (4)
Yes, you should file NIL TDS return
Pls tell if return is not filed.
- what can be the consequences, since the amount involved is NIL.
- and is there any specifically written to file for Nil return.
Check out the below mentioned link: https://simpletaxindia.blogspot.com/2007/07/if-there-is-no-deduction-in-particular.html Above mentioned web page discusses your querry in detail and answers all your questions.
i faced both group pe ii in nov,2007 unable to clear, can i sit in may,2008 pe ii and thereafter nov,2008 PCC and so on.


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