E-TDS Return

This query is : Resolved

Pranita Chawda (Querist)
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15 July 2009 Is it Compulsory to file nil return for the asesses having TDS no. irrespective of any transaction for the year.

Ratan Sharma

Ratan Sharma (Expert)
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15 July 2009 Hi,
From the F.Y. 2009-10 it is compulsory to file TDS return even if there is no TDS.
Look there is difference in two situations.
If you are liable for TDS and you have obtained the TAN and there is no transaction then it is compulsory to file TDS returns.
If you are not liable for TDS but you are holding TAN then there is no necessity to file TDS returns.