Nil return by rpu 3.8

1631 views 3 replies

How to submit the nil return in RPU 3.8 Version ?

Replies (3)

Hi

 

What do you mean by NIL return here?

 

If no TDS deducted (except because of NIL TDS cert. given by customesr) you can not file NIL TDS return.

 

Thanks

RPU can be used to prepare a return without a challan and/or deductee. If there is no challan i.e. when no tax has been deposited, then challan sheet should be filled as below -

Field Value

Value

Serial No. (Column no. 301/401/651/701)

1

Section Code(Section Relevent to the Nature of Payment/Collection)

From DropDown Menu

Amount Fields i.e. TDS,Surcharge,Education Cess,Interest and Others(Column no 302/402/652/702 to 306/405/657/707)

0.00 (Zero)

Cheque / DD number

Blank

Date on which tax deposited (Column no. 311/410/662/712) last day of respective quarter e.g. for quarter 4

31/03/2008

Transfer voucher / Challan serial No. (Column no. 310/409/661/’711)

Blank

Whether TDS/TCS Deposited by Book Entry ?(Yes)/(No) (Column no.308/407/659/709)

Blank

Interest `

0.00 (Zero)

Others `

0.00 (Zero)


Nil challans/transfer vouchers need to mandatorily have deductee records with flag  'A', 'B', 'Y', 'S', 'T' & 'Z' (as applicable) in the remarks for lower or non-deduction.

 

means nil return possible in above way.....

T-FV-3165 Nil challan with no deductee records is not allowed.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register