Tds

Pleae elaborate your question

Hi,

I would like to know if anyone knows the reason why foreign companies are subject to surcharge on TDS if the payment exceeds 1cr/10cr and Indian companies aren't?

Indian companies are liable to pay such surcharge when they file return.

Dear learned members,

I have following query regarding TDS returns:-

Is is necessary to file TDS returns where the deductor has not deducted ant TDS in previous quarter,if yes then how to file NIL returns as I am not able to create id on TRACES portal. It shows following errors :-

Invalid Details could be because of

i. TAN Not Available in TAN MASTER OR

ii. All the statements filed for Financial Year 2009-10 and onwards are in cancelled state OR

iii. All the statements filed for Financial Year 2009-10 and onwards are NIL Statements (having ALL challans with amount=0)

Please revert.

Regards kapil