Nil tds return" no needs to submit after 01.10.2013 by cpc.

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

12 October 2013 I HAVE RECEIVED INFORMATION THAT Nil TDS Return" no Needs to submit after 01.10.2013 by CPC. - See more at: http://gsoftnet.blogspot.in/2013/10/nil-tds-return-no-needs-to-submit-after.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed:+blogspot/qrIv+(Gsoftnet)&utm_content=Yahoo!+Mail#sthash.DOP6Ia0A.dpuf. I HAVE RECEIVED FORM 15G & FORM 15H FROM parties during SEPTEMBER 2013. So I need not need to file TDS RETURN. Please explain in details

Sanket

Sanket (Expert)
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12 October 2013 yes if any transaction doesnt attract to deduction of tax then no need to file return.

CA Pallav Singhania

CA Pallav Singhania (Expert)
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12 October 2013 If there is no transaction in the quarter then no need to file TDS NIL return..

http://taxguru.in/income-tax/nil-tds-return.html

The same was published here also..

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Querist : Anonymous

Querist : Anonymous (Querist)

12 October 2013 RECEIVING OF FORM 15G & 15 H for non deduction of tax is a transaction or not .please clarify in details.

Sanket

Sanket (Expert)
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12 October 2013 Receiving 15g nd h means u need not to cut tds. So if u dnt cut thn no need to file return.

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Querist : Anonymous

Querist : Anonymous (Querist)

12 October 2013 THANKS FOR YOUR REPLY.

Sanket

Sanket (Expert)
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12 October 2013 U are welcome.
Have a nice time ahead.

CA Pallav Singhania

CA Pallav Singhania (Expert)
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12 October 2013 No it wont be treated as transaction..

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CA Sanjeev Kr Jain

CA Sanjeev Kr Jain (Expert)
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19 October 2013 VERY SORRY IF TDS IS NOT DEDUCTED DUE TO STATUTORY FORMS OR IN CASE OF TRANSPORTER DUE TO FURNISHING THEIR PAN THEN TDS RETURN IS TO BE FILED 9811274429