How to submit the nil return in RPU 3.8 Version ?
@VaibhavJ
(Believe!! Live your dreams!)
(33516 Points)
Replied 15 January 2014
Hi
What do you mean by NIL return here?
If no TDS deducted (except because of NIL TDS cert. given by customesr) you can not file NIL TDS return.
Thanks
RD Verma
(CA. Student)
(314 Points)
Replied 15 January 2014
RPU can be used to prepare a return without a challan and/or deductee. If there is no challan i.e. when no tax has been deposited, then challan sheet should be filled as below -
|
Field Value |
Value |
|
Serial No. (Column no. 301/401/651/701) |
1 |
|
Section Code(Section Relevent to the Nature of Payment/Collection) |
From DropDown Menu |
|
Amount Fields i.e. TDS,Surcharge,Education Cess,Interest and Others(Column no 302/402/652/702 to 306/405/657/707) |
0.00 (Zero) |
|
Cheque / DD number |
Blank |
|
Date on which tax deposited (Column no. 311/410/662/712) last day of respective quarter e.g. for quarter 4 |
31/03/2008 |
|
Transfer voucher / Challan serial No. (Column no. 310/409/661/’711) |
Blank |
|
Whether TDS/TCS Deposited by Book Entry ?(Yes)/(No) (Column no.308/407/659/709) |
Blank |
|
Interest ` |
0.00 (Zero) |
|
Others ` |
0.00 (Zero) |
Nil challans/transfer vouchers need to mandatorily have deductee records with flag 'A', 'B', 'Y', 'S', 'T' & 'Z' (as applicable) in the remarks for lower or non-deduction.
means nil return possible in above way.....
LINGARAJ
(STUDENTS)
(41 Points)
Replied 15 January 2014
T-FV-3165 Nil challan with no deductee records is not allowed.
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
