Penalties and Consequences of Not Filing Nil TDS Return on Time

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2024-09-10 08:12:42 - Translate -

The government can collect taxes at the source of earnings by using the Tax Deducted at Source (TDS) system. Businesses responsible for filing TDS returns must file a Nil TDS Return even if no TDS is deducted in a certain zone. Filing this return on time is essential to maintain compliance with tax laws and prevent fines. In this article, we shall discuss the penalties that arise from...

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