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