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 , ...

• Process to generate TDS Return (Salary / Non Salary / Non Resident / TCS)

  TDS stands for tax deducted at source. As per the Income Tax Act, any company or person making a payment is required to deduct tax at source if the payment exceeds certain threshold limits. TDS has to be deducted at the rates prescribed by the tax ...

• 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 ...

• Bank Details /Capital Gain Statement / NSC/KVP Details/ TDS details Viewing and Printing Process in the computation report

  Process to View and Print Bank Details / Capital gain Statement / NSC / KVP Details / TDS details in the computation report.  This feature allows the user to view transactions related to above in DETAIL in the computation report.   1. Process to view ...

• How to upload TDS Return through Software?

  Here is a step-by-step guide on uploading TDS statements on the income tax website: Regarding this first prepare the return,  Process to generate TDS Return (Salary / Non Salary / Non Resident / TCS) ...