TDS
This query is : Resolved
31 October 2009
HI,
i have on query, if there is mandatory as per the income tax provisons to file a NIL TDS return (even if there is no transaction), please suggest what will be the penalty if return has not been filed.
i have on query, if there is mandatory as per the income tax provisons to file a NIL TDS return (even if there is no transaction), please suggest what will be the penalty if return has not been filed.
31 October 2009
Rs 100 per dat upto date of default continue
31 October 2009
Yes you are required to file the nil return. The penalty is Rs. 100 per day of default.
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