Dear All,
It's just hear say, That since 01.10.2013 Nil return is not mandatory.
We are shipping company, We have been in business dealings with Transporter and Non-TDS deduction in some shipping Billing which they vendor claim Non -Deduction of TDS with The excemption certificate received from I.T U/S 197.
Please clarity that hence forth Do i ignore filling above transaction.
Before filling this return received communication from CPC. i would like to quote Point b) which says says below.
b) Quote correct and valid lower rate TDS certificate in TDS statement
wherever the TDS has been deducted at lower/zero rate on the basis of
certificate issued by the Assessing Officer
CAclubindia
