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No more nil tds return

TDS 19845 views 18 replies

Of Course, I know gentlemen, you know how to file the NIL eTDS return.

But the interpretation in the above link is just like that there is no more NIL TDS Statements.

Please see the attachment and say whether NIL TDS Statements has to report some specified transactions or not.

Remarks for Higher Deduction / lower or non-deduction IN Deductee Field Descripttion 


1. Write "A" if "lower deduction" or "no deduction" is on account of a certificate under section 197.


2. Write "B" if no deduction is on account of declaration under section 197A.


3. Write "C" if deduction is on higher rate on account of non-furnishing of PAN by the deductee.


4. Write "Y" if no deduction is on account of payment below threshold limit specified in the Income-tax Act, 1961


5. Write "T" if no deduction is on account of deductee being transporter. PAN of deductee is mandatory.[section 194C(6)]


6. Write "Z" if no deduction is on account of payment being notified under section 197A(1F).


7. Write "S" if no TDS On Purchase of Standard Software" for under Section 194J applicable From FY 2012-13 onwards
 


Remarks for Higher Deduction / lower or non-deduction IN Deductee Field 1. Write "A" if "lower deduction" or "no deduction" is on account of a certificate under section 197. 2. Write "B" if no deduction is on account of declaration under section 197A. 3. Write "C" if deduction is on higher rate on account of non-furnishing of PAN by the deductee. 4. Write "Y" if no deduction is on account of payment below threshold limit specified in the Income-tax Act, 1961 5. Write "T" if no deduction is on account of deductee being transporter. PAN of deductee is mandatory.[section 194C(6)] 6. Write "Z" if no deduction is on account of payment being notified under section 197A(1F). 7. Write "S" if no TDS On Purchase of Standard Software" for under Section 194J applicable From FY 2012-13 onwards

Read more at: /forum/e-tds-return-filing-software-nsdl-etds-rpu-3-6-fuv-3-9-261083.asp#.UmPsZVNplHs
Remarks for Higher Deduction / lower or non-deduction IN Deductee Field 1. Write "A" if "lower deduction" or "no deduction" is on account of a certificate under section 197. 2. Write "B" if no deduction is on account of declaration under section 197A. 3. Write "C" if deduction is on higher rate on account of non-furnishing of PAN by the deductee. 4. Write "Y" if no deduction is on account of payment below threshold limit specified in the Income-tax Act, 1961 5. Write "T" if no deduction is on account of deductee being transporter. PAN of deductee is mandatory.[section 194C(6)] 6. Write "Z" if no deduction is on account of payment being notified under section 197A(1F). 7. Write "S" if no TDS On Purchase of Standard Software" for under Section 194J applicable From FY 2012-13 onwards

Read more at: /forum/e-tds-return-filing-software-nsdl-etds-rpu-3-6-fuv-3-9-261083.asp#.UmPsZVNplHs
Remarks for Higher Deduction / lower or non-deduction IN Deductee Field 1. Write "A" if "lower deduction" or "no deduction" is on account of a certificate under section 197. 2. Write "B" if no deduction is on account of declaration under section 197A. 3. Write "C" if deduction is on higher rate on account of non-furnishing of PAN by the deductee. 4. Write "Y" if no deduction is on account of payment below threshold limit specified in the Income-tax Act, 1961 5. Write "T" if no deduction is on account of deductee being transporter. PAN of deductee is mandatory.[section 194C(6)] 6. Write "Z" if no deduction is on account of payment being notified under section 197A(1F). 7. Write "S" if no TDS On Purchase of Standard Software" for under Section 194J applicable From FY 2012-13 onwards

Read more at: /forum/e-tds-return-filing-software-nsdl-etds-rpu-3-6-fuv-3-9-261083.asp#.UmPsZVNplHs
Remarks for Higher Deduction / lower or non-deduction IN Deductee Field 1. Write "A" if "lower deduction" or "no deduction" is on account of a certificate under section 197. 2. Write "B" if no deduction is on account of declaration under section 197A. 3. Write "C" if deduction is on higher rate on account of non-furnishing of PAN by the deductee. 4. Write "Y" if no deduction is on account of payment below threshold limit specified in the Income-tax Act, 1961 5. Write "T" if no deduction is on account of deductee being transporter. PAN of deductee is mandatory.[section 194C(6)] 6. Write "Z" if no deduction is on account of payment being notified under section 197A(1F). 7. Write "S" if no TDS On Purchase of Standard Software" for under Section 194J applicable From FY 2012-13 onwards

Read more at: /forum/e-tds-return-filing-software-nsdl-etds-rpu-3-6-fuv-3-9-261083.asp#.UmPsZVNplHs
Remarks for Higher Deduction / lower or non-deduction IN Deductee Field 1. Write "A" if "lower deduction" or "no deduction" is on account of a certificate under section 197. 2. Write "B" if no deduction is on account of declaration under section 197A. 3. Write "C" if deduction is on higher rate on account of non-furnishing of PAN by the deductee. 4. Write "Y" if no deduction is on account of payment below threshold limit specified in the Income-tax Act, 1961 5. Write "T" if no deduction is on account of deductee being transporter. PAN of deductee is mandatory.[section 194C(6)] 6. Write "Z" if no deduction is on account of payment being notified under section 197A(1F). 7. Write "S" if no TDS On Purchase of Standard Software" for under Section 194J applicable From FY 2012-13 onwards

Read more at: /forum/e-tds-return-filing-software-nsdl-etds-rpu-3-6-fuv-3-9-261083.asp#.UmPsZVNplHs
Thnx for sharing...
thank you for info


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