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Nil return by rpu 3.8

NOUFAL (ACCOUNTANT) (762 Points)

15 January 2014

How to submit the nil return in RPU 3.8 Version ?

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3 Replies

@VaibhavJ (Believe!! Live your dreams!) (33516 Points)
Replied 15 January 2014

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

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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.....