TDS Returns

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Vijay Budhwani (Querist)
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03 July 2008 Hi Everone! Can any1 plz clarify whether NIL TDS returns are to be filed or not?
i.e. if in any quarter if there is no tax deduction, the return needs to be filed or not?

CA CS CIMA Prakash Somani

CA CS CIMA Prakash Somani (Expert)
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03 July 2008 If you rincome before Chapter VI A deduction is above the taxable limit than tax is payable.

Late CA Sampat Jain

Late CA Sampat Jain (Expert)
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03 July 2008 NEED NOT FILE NIL RETURN

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Vijay Budhwani

Vijay Budhwani (Querist)
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03 July 2008 The reply given seems to be for Income Tax return and not for TDS returns

pushpendra

pushpendra (Expert)
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03 July 2008 if no TDS for the qtr. then you need not to file the TDS return for that qtr. as per the provisions of income tax act. but it is advisable to file even the nil return otherwise you will get the notice and you have to file the reply.

but it is not mandatory to file nil return for TDS.