TDS Return

Return has to be filed only if there is any tax deduction in the particular quarter. In your case, as there is no tax deduction, no return is to be filed.

IN CASE ANY 15G OR 15H FORM IS FILLED THEN ALSO IS REQUIRED TO FILE THE RETURN , OTHERVISE NOT REQUIRED

According to Amol Gopal Kabra (CA,CS,DISA)

He is right as "Return has to be filed only if there is any tax deduction in the particular quarter."

Originally posted by : RADHEKRISHNA0001
	IN CASE ANY 15G OR 15H FORM IS FILLED THEN ALSO IS REQUIRED TO FILE THE RETURN , OTHERVISE NOT REQUIRED

Even in case of 15G or 15H, return is not required to be file. Because, if there is no deduction, there will be no challan payment and also no credit available for the payee. So no return is to be filed.

I AM AGREE WITH MR AMOL

I beg to differ. I had not filed TDS returns for a company because there were no deductions. Later, there was a letter from NSDL saying TDS returns have not been filed, and if there is any more delay, the company will be penalized.

In my opinion, NIL TDS returns also needs to be filed.

Mihir,

You (your company) needs to draft a letter to AO (Assessing Officer) and disclose them about that there is no deduction made in this qtr (4th). hence we have not filled the return.

Regards,

Harpreet

Filing of NIL TDS return is compulsory.

Regards,

KIYOSH

Its better to sent an intimation to Assessing Officer on a safer note..
 

As per the provisions penalty attracted towards non filing of TDS return is Rs.100/- per day but it should not exceed the amount of Tax Deducted.

Hence, not mandatory to file Nil Return.

please refer to NSDL FAQ :

If there is no deduction in a particular quarter, should I file the NIL statement?

 In case of NIL statement in the fourth quarter, do I need to show salary details of deductees mentioned in first three quarters?

Originally posted by : Amol Gopal Kabra (CA,CS,DISA)
	Return has to be filed only if there is any tax deduction in the particular quarter. In your case, as there is no tax deduction, no return is to be filed.

I agree, but by filling Nill TDS return you can avoid penaulty and there is a method of filling alredy exist. so why not to file nill return generally.