THE FIRM WAS IN TAX AUDIT IN THE F.Y. 2011-12 AND ACCORDINGLY WE APPLIED FOR THE TAN (TAX ACCOUNT NUMBER)IN THE F.Y. 2012-13, DEDUCTED T.D.S FOR THE FINANCIAL YEAR 2012-13 AND FILED T.D.S RETURN. NOW, IN THE F.Y. 2012-13, THE ABOVE SAID FIRM IS NOT UNDER TAX AUDIT, SO IS THERE A NEED TO FILE T.D.S RETURN FOR THE F.Y. 2013-14.
AWAITING FOR QUICK RESPONSE WITH APPROPRIATE SUPPORTING LINK (IF POSSIBLE).
Only for Individual/ HUF we will have to see tax audit for applicability of TDS provisions.For firm TDS provisions are applicable irrespective of tax audit. In my view it is better to file nil TDS if you havent deucted any TDS though some say there is no mandatory requirement.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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