hello, if in the whole quarter, no payments in the business of a particular nature ....so no TDs. do we have to file the NIL e-tds return?? please confirm. thanks.
MCA UPDATE 😊
■ MCA has extended the last date of filing DIR -3KYC without any filing fees upto 15/09/2018 from 31/08/2018.
■ The fees of ₹5,000/- shall be applicable & payable on all delayed filings w.e.f 16/09/2018.
It is not mandatory to file nil TDS return if you have not deduct TDS for any quarter.
However you have to file a declaration for non filing of TDS Return.
The Deptt. has introduced a new functionality in the TRACES site wherein the persons who are not required to submit a return of TDS due to non applicability in any particular quarter shall have to submit a Declaration for the same on TRACES. Procedure for filing of Nil TDS return/ declaration for non filing of TDS statement is given below:
1. Login through your registered id at www.tdscpc.gov.in (TRACES site)
2. Go to Statement/Payments TAB after login > Declaration for Non filing of TDS statement
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