hi every1,
kindly let me knw if it is necessary for a TAN holder to file a TDS return if there r no deductions of tax in a particular quarter...
if yes.. wat are the due dates and consequences of non - filing..
CA Ankit Totla (Practicing Chartered Accountant) (469 Points)
16 April 2010hi every1,
kindly let me knw if it is necessary for a TAN holder to file a TDS return if there r no deductions of tax in a particular quarter...
if yes.. wat are the due dates and consequences of non - filing..
Nicky
(Chartered Accountant)
(245 Points)
Replied 17 April 2010
Hey Ankit,
This has been discussed in caclubindia before, but FYI no need to file the TDS return if the deduction under a quarter is NIL because the maximum penalty cannoot exceed the tax amount which is NIL hence no need to file the TDS Return