When tax is not deducted declaration may be to be filed on Traces website and thus no TDS return is required to file under section 200(3) of Income Tax Act 1961.But for those who is not required to file TDS return it is advisable to submit NIL TDS return declaration status.In this article we have guided you to how to submit NIL declaration on traces.Nil filing of declaration is not compulsory but advisable.If the business is closed business user should surrender TAN to jurisdictional assessing officer.
NIL TDS return declaration
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