NIL TDS return

There is No any rule and section for Nil Return of TDS, Even though it is mandatory and information to IT department that we have not deducted any Tax against payment made. Otherwise IT department will issue notice for non-filing of return  

There is No any rule and section for Nil Return of TDS, Even though it is mandatory and information to IT department that we have not deducted any Tax against payment made. Otherwise IT department issue notice for non-filing of return  

By Avish

There is No any rule and section for Nil Return of TDS, Even though it is mandatory and information to IT department that we have not deducted any Tax against payment made. Otherwise IT department issue notice for non-filing of return  

By Avish

Since you haven't deposited, deducted any TDS during the quarter, then it is not compulsory to file NIL Return.
 

Originally posted by : Kalpesh
	Piyush,.... Simple rule is if u have TAN, U need to file qtr return. wether u deducted TDS or not or any section apply. TAN is there Return should be filed. else wait for notice from IT Department for non filling of return. So file it without doubt. Thanks

Nicely expalined.

even if no tax deducted etds return to be filed so that knows no tax has been deducted.. so you have to file etds return

Return, which comprises of Only Zero/NIL Deductions indeduction details and no challan details (Apart from a NILChallan Indication) is called NIL Return.

Note that the NIL return should have a value Greater than Zero as Total Amount Paid/Credited. Zero-Amount of Payment is not accepted by NSDL. It is compulsory for a deductor to file NIL return if he has done some payments and not deducted/Collected any TDS/TCS on the amount of payment. No Deduction Details and No Challan details is not a NIL returns.

Dipak ji.  Legally there is no need to file Quarterly TDS Return / Statement where no tax has been deducted at source but in my opinion you should file the nil tds return to safe yourself from future notice of department about not filing return . you  have a valid proof of filing nil tds return

This will clarify.. https://www.tdspac.com/bulletin/FFB_Jul06.pdf.

It is not mandatory to file TDS return if no TDS is deducted. However it is advisable to file Nil return. 

Dear all experts

                            In due course of my experience there is no clarity in act to file or not to file but according to the new inserted provision(Fee u/s 234E for Late Filing of TDS Statement) when tds is deducted and remitted but not filed the detector may be penalised Rs.200/day subject to the maximum of tds amount. We can interpret when no amount is deducted remitted that is NIL we need not file the return because act clearly says subject to the maximum of tds amount.

Words of act - “234E. (1) Without prejudice to the provisions of the Act, where a person fails to deliver or cause to be delivered a statement within the time prescribed in subsection (3) of section 200 or the proviso to sub-section (3) of section 206C, he shall be liable to pay, by way of fee, a sum of two hundred rupees for every day during which the failure continues.

 (2) The amount of fee referred to in sub-section (1) shall not exceed the amount of tax deductible or collectible, as the case may be.”               

It is always better to file etds nil return.. Ignorance of non filling will definately attract notices from TDS department....it hardly takes any time to file nil return.