NIL TDS return

TDS 2086 views 11 replies

Dear Members

Is there any Circular or Notification regarding non filing of NIL Return of TDS?

Thanks..

Replies (11)

To the best of my knowledge even though your TDS return is NIL you need to file the TDS Return.

Sunil

It is better to submitt NIL return to aboide notice from NSDL for not filing of TDS return.

It is better to submitt NIL return to avoide notice from NSDL for non filing of TDS return.

there is no need to file nil tds return.but if you want you can file nil return also.the main purpose of tds return is to sumit the pan no. of deductees whose tax is deduted and deposited.if there is no tax deducted or deposited,need for filing return does not arise.altogether filing nil tds return is very simple.

In my opinion, no need to file Nil TDS return, if there is not TDS deduction and payments, but Quarter wise return should be compulsorily filed eventhough, no TDS deduction and payments for the respective quarterly period.

Be safe, file the NIL return.

What's the harm in filing.

no need to file annual return, Quarterly statement is sufficient

No need to file NIL TDS return.

Can any of the learned member provide me with the notification / circular no. or link which says that filling of NIL TDS return is not compulsory...

Regards..

if you have TAN Number then you have to file quarterly return whether it'll be nil.

There is no such circular regarding non filing of NIL TDS Return, but penalty u/s 272A(2) for non filing TDS return is limited to amount of tax collected or deducted. Hence practically no need to file Nil TDS Return because penalty is NIL.


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