hey frnds
Is it compulsory to file a NIL return of the assessee of T.D.S. if he is covered under the audit u/s44AB. ?
pls clearify to me.
bhavik mehta (C.A.) (526 Points)
07 January 2010hey frnds
Is it compulsory to file a NIL return of the assessee of T.D.S. if he is covered under the audit u/s44AB. ?
pls clearify to me.
CA LOVELY ARORA
(C.A. B.Com (H) Graduate)
(2151 Points)
Replied 07 January 2010
in my point of view, may be not..........
Amir
(Learner)
(4016 Points)
Replied 07 January 2010
Dear Bhavik,
TDS Return is mandatory to file even if there are no transanctions..
This is something which should be done as measure of good compliance.
Further, attimes it is mandated by practical life like annual return can only be filed when assessee has filed the return of all 4 quarters(even if there are no transanctions)
CA Riswa Parekh
(Practicing)
(1591 Points)
Replied 07 January 2010
As per my point of view it is not compulsary for filling NIL return for TDS.
NARENDER PAWAR
(CA final Student)
(337 Points)
Replied 08 January 2010
that is depend on u, u fill or not it is not compulsary.
CA Dhiraj Ramchandani
(CA, M. com)
(10823 Points)
Replied 08 January 2010
As such there are no official compulsions on filing such returns....
But, considering amir's explaination, ofcoarse they impose an indirect compulstion......
CA Bhuvnesh Kumar
(Chartered Accountant)
(69 Points)
Replied 08 January 2010
There is no link exist between audit u/s 44AB & TDS Return. Further in my opinion as long as you have TAN ,you have to file TDS return whether you have deducted nil TDS.
ajay lohiya
(article)
(69 Points)
Replied 08 January 2010
I Think NIL return of TDS is not mandatory