TDS Quarterly Return

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CS Akansha Gambhir (Querist)
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20 April 2011 Hi all,

Please help me with the following:

A company deducts tax under some sections, deposits it and files quarterly returns timely.

What if the company is in such circumstances that it was not required to deduct and deposit tax for a whole quarter?? Will it be required to file Quarterly Return for that quarter as "NIL" return?? Or it is not liable to file the return??

Regards

CA KRISHNA KUMAR DARUKA

CA KRISHNA KUMAR DARUKA (Expert)
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21 April 2011 NIL TDS return need not be filed. The only exception is Form 24Q for fourth quarter. Even if it is NIL but you have deposited 24Q for any of last three quarters then you have to file 24Q for last quarter to give salary details of employees from whom TDS were deducted in earlier quarters.

CS Akansha Gambhir

CS Akansha Gambhir (Querist)
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21 April 2011 I appreciate your early reply sir. Thanks a lot.

But i need a bit more help. Can u plz guide me as to where is it written??

Regards

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