22 October 2019
There is no transanction relating to TDS during the Qtr nor i have filed TDS Nil return . Is nay late fee is to be levied? LATE FEE ON DELAY FILING OF "STATEMENT OF DECLARATION FOR NIL TDS RETURN "
22 October 2019
As per Income Tax Act, Even in case of nil TDS return, you have to submit declaration. However, I have seen in real world many of assesses has not submitted Nil TDS return and also dept has not imposed any penalty on them
CAclubindia
