Tdsreturns

This query is : Resolved 

05 October 2013 is Nil TDS Return not required to be filed

05 October 2013 Hey

Yes it is not mandatory to file NIL return

Thanks

06 October 2013 yes you can file NIL TDS return, there is
no restriction on it. But it is not
mandatory and hence late fees is also not
levied...


06 October 2013 If there are no payments done under that particular form, it is not compulsory for the deductor to file eTDS returns for that form, unless intimated by IT Department/NSDL.

Legally there is no need to file Quarterly TDS Return/ Statement where no tax has been deducted at source.
NSDL is also of the view that it is not at all compulsory to file NIL return, if deductor has not deducted any tax at source or if there is no transaction at all for a particular period.

Regards

06 October 2013 Dear dhyanesh

though it is not mandatory, it is always advisable to maintain continuity in various tax filings.



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