Is tds return is mandatroy for non filing of nil tds return

This query is : Resolved

ashish agarwal (Querist)
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30 April 2013 since, there is no liability for deduction of tds in case of transportation if they furnish pan no.
is tds return is mandatory by deductor in above case?
if yes what will be penelty for non filing of tds return in above case?

Prateek

Prateek (Expert)
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30 April 2013 If you have filed the TDS return in earlier quarters, it is advisable to file Nil returns.

Else in future when you deduct TDS for any other purpose and file the TDS return, there will be a gap between last return filed and current return and you can expect a letter for ITO ask for explanation.