06 May 2013
for the year 2012-13, TDS on salary and others TDS not deducted for April 2012 to Dec 2013 and TDS deducted only in the month of Jan 13 to Mar 13. So now we want to submit TDS return for last quarter 2012-13. But our consultant says even though we need to submit nil return for Q 1, Q2 and Q3 ? Is it correct. Also while calculation TDS on salary consolidated amount shown in Jan 2013 and deducted is it correct. Expert i need a advise from you. please help S. Swaminathan
07 May 2013
There is no requirement for filing TDS return if you have not deducted TDS, if u r not covered under compulsory issuance of 16A in the prescribe format.
In case of TDS on salary it is to be deducted in Average basis from the 1st month...so you have to pay TDS with Interest in ur second case.
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