Process of TDS Declaration for not filing TDS Statement/NIL Declaration

Process of TDS Declaration for not filing TDS Statement/NIL Declaration

Process of TDS Declaration for not filing TDS Statement/NIL Declaration

TRACES introduced a new process for NIL return filing of TDS from the FY 2014-15. This is applicable for deductors who did not deduct any tax during the relevant quarter. Therefore, did not file any statement for deduction of tax at source u/s 200(3) of the Income Tax Act’1961

Follow the steps given below for NIL Declaration.

Go into Online Activity → Traces Activity



Now Click on "NIL Declaration Filing for a Statement"

 


Now select the details for Form Type (24Q,26Q,27Q,27EQ)  and select reason of NIL Declaration and click on Add button 




Then enter the Username and Password to login on the traces website.


Auto redirect on traces website, enter the Verification code and then log in.


all required detail for NIL Declaration filling  will be fetched automatically on the Traces site for  



Hope this Helps 


    • Related Articles

    • Express TDS- Correction process for TDS return

      Express TDS- Correction process for TDS return Process for offline correction for 24Q, 26Q, 27Q & 27EQ from TDS software >> The Correction from TDS software can be processed once you have the Consolidate file (.tds File). Select Respective Deductor , ...
    • ZenTds || Offline Correction process for TDS return

      Process for offline correction for 24Q, 26Q, 27Q & 27EQ from TDS software: The correction from the TDS software can be processed once you have the consolidated file (.tds file). How to request and download the consolidated file through the software: ...
    • ZenTds || How to process TDS correction returns validation errors 'Mark Nil'

      How to process TDS correction returns validation errors 'Mark Nil': Solution: The reason for this error is that instead of marking 'Nil' in the Deductee Entry, you have manually cleared the details in the deductee entry. If you want to mark any ...
    • Process to generate TDS Return (Salary / Non Salary / Non Resident / TCS)

      TDS, or Tax Deducted at Source, is a mechanism established under the Income Tax Act to ensure a steady collection of taxes from various income sources. In this system, any company or individual making a payment is mandated to deduct a certain ...
    • 24G e-filing Process.

      24G e-filing Process through TDS Software  The Pay and Accounts Office (PAO)/ District Treasury Office (DTO)/ Cheque Drawing and Disbursing Office (CDDO) (CDDO in case of Central Government only) are required to file Form 24G as per Income-tax ...