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Tds - raising of flag b for non deduction for 15 g.

This query is : Resolved 
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(Querist)
12 October 2014 Hello,
We are filing the TDS Return for a BANK. We have received a mail from CPC that we have not declared any 15g/h transactions for FY 13-14. And also informed to raise Flag B for such transactions in Q2 of 2014-15.
Are we required to Raise Flag B for the transactions of FY 2013-14 while filing the Q2 statement of 2014-15. Is it possible to do so? Or is there any other ways to declare such transactions Now (Probably with No penal Provisions)??
Plz solve our Prob Soon,
Thank You,
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
12 October 2014 this is the way you report 15G/H transactions. and it attracts no penalty.

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