Steps of Nil Return filing of TDS in a summary

1. Step-1 Login to TRACES Deductor login with the User ID, Password and TAN of the deductor.
2. Step-2 Go to “Declaration for Non – filing of TDS statements”
3. Step-3 Select details from the drop-down menu.
4. Step-4 Then, give the reason for non-filing.

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Regarding this, how can I file my first TDS return?

To Upload TDS, the steps are as below:

1. Step 1: In e-Filing Homepage, Click on "Login Here"
2. Step 2: Enter User ID (TAN), Password, and Captcha. Click Login.
3. Step 3: Post login, go to TDS → Upload TDS.
4. Step 4: In the form provided, select the appropriate statement details from the drop.

Beside above, what if TDS return is not filed? As per section 234E, where a person fails to file the TDS/TCS return on or before the due date prescribed in this regard, then he shall be liable to pay, by way of fee, a sum of Rs. 200 for every day during which the failure continues. The amount of late fees shall not exceed the amount of TDS.

Also to know, can nil TDS return revised?

04 May 2013 Yes, NIL TDS return can be revised by filing correction statement and the procedure is same as for other returns. You need to download consolidated file from TDS CPC and from that correction statement can be prepared.

Can we file TDS return online?

Also, you have an option of using the software available at NSDL website known as Return Prepare Utility (e-TDS RPU Light) for filing the return online. If returns are filed online, then they can be submitted directly at NSDL TIN website. In this case, the deductor has to sign the return through digital signature.

Related Question Answers

What is TDS refund?

A TDS Refund arises when the taxes paid by way of TDS are greater than the actual tax payable calculated for the Financial Year. It is calculated after consolidating income earned from various sources. You know we all, as taxpayers, are categorized under various tax slabs.

What is Form No 26q?

TDS Form 26Q – Non-Salary Deductions. Form 26Q is used to file TDS details on payments made other than salary. The form mentions the total amount that is paid during the quarter and the TDS amount that has been deducted. Form 26Q has to be submitted on a quarterly basis.

How can I file Form 16 online?

Below are the steps to Upload Form 16 and e-file Income tax return through myITreturn.com:

1. Visit myitreturn.com.
2. Click on Upload Your Form 16.
3. Browse the Form 16 PDF file and click on open to upload Form 16.
4. On successful upload, a confirmation message will be shown.
5. You will be asked to Login.

How do I file 24q?

For TDS deduction and filing Form 24Q one should have TAN i.e (Tax deduction Account Number) and other requirement for filing Form 24Q is as under:

1. Challan details. Challan Number. Challan Date. Challan Amount.
2. Employee Details. PAN of the employee. Other income details.

What is Form 27q?

Form 27Q is a TDS Return or Statement containing details of Tax Deducted at Source (TDS) deducted on payments other than salary made to Non-Resident Indian (NRI) and foreigners. Form 27Q is required to furnish on a quarterly basis on or before the due date.

What is Form 24q?

Form 24Q – TDS Return on Salary Payment The employer has to file salary TDS return in Form 24Q. 24Q is to be submitted on a quarterly basis. Details of salary paid to the employees and TDS deducted on such payment is to be reported in 24Q. TDS on salary has to be deducted as per income tax slab.

How do I get a Form 27a?

Form 27A is generated by TDS/TCS FVU (File Validation Utility). Form 27A is automatically created upon successful generation of FVU file of TDS/TCS Return. Form 27A contains particulars of Name and TAN of deductor and control totals of 'amount paid' and 'income tax deducted at source'. All the fields of Form No.

Who are required to file TDS return?

Besides depositing tax, as a Deductor, you must also file a TDS Return. A TDS Return is a quarterly statement which has to be submitted to the income tax department. Submitting TDS Return is mandatory if you are a deductor. It has details of TDS deducted and deposited by you.

What are the TDS return forms?

TDS Return Forms: An Overview

Type of TDS Return Forms	Particulars of the TDS Return Forms
Form 26Q	Statement for tax deducted at source on all payments other than salaries.
Form 27Q	Statement for tax deduction on income received from interest, dividends, or any other sum payable to non residents.

What is the process of TDS return?

Form 27A is a control chart of quarterly TDS/TCS statements to be filed by deductors/collectors alongwith quarterly statements. It is a summary of TDS/TCS returns which contains control totals of 'amount paid' and 'income tax deducted at source'. A separate Form No. 27A is to be filed for each TDS/TCS return.

How long does it take to get TDS refund?

20-45 days

What documents are required for TDS return?

General Documents for Filing e TDS return

• PAN card/Pan Number.
• Tax payment challans (Self-assessment, advance tax, if you have deposited the same)
• TDS certificates (if TDS has been deducted by other)
• All Bank account information.

Can TDS be refunded?

There is no specific refund process or form to claim TDS refunds. You must file your income tax returns in the normal manner. The excess of TDS over what you are supposed to pay as tax in the year will be the refund amount due, and this needs to be shown in the returns filed.

How can I withdraw TDS online?

Check TDS Online

1. Step 1: Go to
2. Step 2: Register and Login to the portal.
3. Step 3: Go to 'My Account' tab and click on view Form 26AS (Tax Credit)
4. Step 4: Select year and PDF format to download the file and proceed further.
5. Step 5: Open the downloaded file.

How do I register my tan on ITD?

?TAN/TDS > TAN Registration

1. Step – I. ?Visit and click on Register as Tax Deductor or Go to to register;
2. Step – II. Fill out the requisite details and your Login Credentials and click on Create Account.
3. Step – III.
4. Step – IV.

How can I file TDS return of government?

File TDS Return

1. Step-1. Visit the website of the Income Tax PAN Services Unit athttp://
2. Step-2. To apply for a new PAN, Form 49A or Form 49AA can be used.
3. Step-3. The acknowledgement form need to be sent to PAN service provider.
4. Step-4.
5. Step-5.

Is nil return mandatory for TDS?

As per the Income Tax Act, 1961 and the Income Tax Rules, it is not mandatory to file a NIL TDS Return. As NIL TDS Return is not mandatory, the TRACES is having a problem distinguishing between: Deductors required to file the return but not filed the TDS Return.

Is there any penalty for revised TDS return?

Penalty on revised tds return. 14 May 2013 Dear Experts, Provision of section 234E (i.e.Fee Rs 200 per day subject to Tds/Tcs amount) is applicable on original return TDS amount or on revised return TDS amount.

Is it compulsory to file nil return?

Nil return filing is mandatory under the Income Tax Act for certain types of taxpayers. By filing a nil return, the taxpayer would declare to the Income Tax Authorities that the taxpayer had no income or activities during the assessment year.