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TDS Reporting

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TDS not deducted

TDS not deducted on Interest paid to NBFC due to nil deduction certificate recd by NBFC for f.y. 2017-18.

TDS returns already filed for f.y. 2017-18 but forgot to report nil deduction Transactions.

Is it mandatory to report such transactions in TDS return

if yes, what remedy​?
Replies (5)

No its not necessary to report

Thanks Ruchika,

Are you sure?

Yes.

Thank you Ruchika Maa'm

If someone purchase software without modification & TDS not deducted

Is it necessary to report of such transaction in TDS return

Purchase of software is capital intangible asset purchase and not liable to TDS.


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