Whether filing of 26Q/24Q is necessary when there is no such tax deduction in that quarter?
Deepak Goel
(Partner)
(54 Points)
Replied 25 January 2010
Dear Vikas,
YES. The filing of 24Q & 26Q should be done even when there is no data in that or the return is a NIL Return. If you dont file a NIL Return, there is no mechanism for the depatment to know that you dont have any transactions not liable to TDS. In the recent past, lot of assesses have got notices for non-filing of TDS Return.
Regards
Deepak Goel
Amir
(Learner)
(4016 Points)
Replied 25 January 2010
Dear Vikas,
I completely agree with Deepak Sir..