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Nil TDS Return

Shyam Lal Naik (Service) (6156 Points)

22 May 2008

In case no TDS is deducted, is it compulsory to file a nil return? Please cite relevant law.

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11 Replies

S.Srinivasaraghavan (Chief Financial Officer and Co) (11318 Points)
Replied 22 May 2008

If there is no TDS liability to you where is the question of return?

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Azmathullah Khan (Accounts Manager) (1386 Points)
Replied 22 May 2008

What it the input u feed in the return form to submit the TDS Return

Azmathullah Khan (Accounts Manager) (1386 Points)
Replied 22 May 2008

What it the input u feed in the return form to submit the TDS Return

CA Chetan P Nalwar (Chartered Accountant) (70 Points)
Replied 22 May 2008

No Sir its not Compulsory to file the NIL return in case of TDS

Sanjay Dugar (Chartered Accountant) (206 Points)
Replied 24 May 2008

suppose i have TAN and in the last quarted i have filed TDS return and in the current quarter i have not deducted TDS nor any one else has deducted my TDS.............. now is it required for me to file TDS return in the current quarter............plz reply with supporting sections or case laws...........

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"	In case no TDS is deducted, is it compulsory to file a nil return? Please cite relevant law.	"

CA CS Akashdeep Singh (Practicing CA) (1394 Points)
Replied 13 November 2008

Originally posted by :Sanjay Dugar

i agree with mr. sanjay

Shudhanshu Agrawal (Business) (2570 Points)
Replied 13 November 2008

Hi friends,

If u have filed TDS return in last quarter and in the current quarter u havent deducted any TDS in such a case u need to file a NIL return. As u are filing a regular return. If u want to talk abt data then in the Form 27A all informtaion will be there abt Deductor and the Person responsible for deduction and in the columns of TDS deducted amount willbe NIL and same with TDS deposited

KAPIL DEO PRASAD (ACCOUNTS EXECUTIVE) (21 Points)
Replied 08 February 2011

Dear Sir,

I have TAN NO. but I am not deducted any TDS. Can return submit NIL is compulsory . If i file the nil return last three QTY TODAY . TDS deptt. belated nil return any penalty. pls. sent advise.

Thanks & Regards.

Kapil Deo Prasad

MD (AAA) (117 Points)
Replied 09 February 2011

Attaching a article on NIL TDS statement.

The said article might be useful to you.

Attached File : 16 nil stmt tds.pdf downloaded: 379 times

1 Like

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Nipun Kumar Gupta (Student) (62 Points)
Replied 05 November 2011

As per the latest amendments, sub-rule (4) of Rule 31A of Income Tax on ‘Quarterly statement of deduction of tax under sub-section (3) of section 200’ reads

(4) The deductor at the time of preparing statements of tax deducted shall,—

(i) quote his tax deduction and collection account number (TAN) in the statement;

(ii) quote his permanent account number (PAN) in the statement except in the case where the deductor is an office of the Government;

(iii) quote the permanent account number of all deductees;

(iv) furnish particulars of the tax paid to the Central Government including book identification number or challan identification number, as the case may be;

(v) furnish particulars of amount paid or credited on which tax was not deducted in view of the issue of certificate of no deduction of tax under section 197 by the Assessing Officer of the payee;

(vi) furnish particulars of amount paid or credited on which tax was not deducted in view of the compliance of provisions of sub-section (6) of section 194C by the payee;

(vii) furnish particulars of amount paid or credited on which tax was not deducted in view of the furnishing of declaration under sub-section (1) or sub-section (1A) or sub-section (IC) of section 197A by the payee.

Hence in case no TDS has been deducted due to any of the above 3 reasons, particulars of amount paid or credited have to still be furnished. Therefore, even NIL TDS STATEMENTS shall be filed.