UPDATE!
From 1/4/2009 , the rule regarding deposit of tax ,issuing certificate and reporting through returns have been changed .As such the form 16 & 16A have been changed by CBDT vide this notification and also new Form 17 has been introduced for depositing the tax deducted at source.
The new Form 16 , 16A & 17 may be downloaded from here.
Read more about change in relevant rules for deduction of tax in this article
New TDS Payment Challan Introduced and Now Deposit TDS/TCS By Online Method Mandatory For All!
All the things written below is valid upto 31/3/2009
Now the tax deductor has to fill up the date of filing the quarterly TDS returns (even acknowledgment number) in the certificate issued for tax deducted.
(Use these forms at your own responsibility and being provided for your benefit and guidance only)
Although there are some controversy has arisen on account of time limitation given for issue of Form 16 & 16A and last dates of filing quarterly TDS return . But I feel CBDT will surely sort out such unintended controversy by suitable circular
From 1/4/2009 , the rule regarding deposit of tax ,issuing certificate and reporting through returns have been changed .As such the form 16 & 16A have been changed by CBDT vide this notification and also new Form 17 has been introduced for depositing the tax deducted at source.
The new Form 16 , 16A & 17 may be downloaded from here.
Read more about change in relevant rules for deduction of tax in this article
New TDS Payment Challan Introduced and Now Deposit TDS/TCS By Online Method Mandatory For All!
All the things written below is valid upto 31/3/2009
Now the tax deductor has to fill up the date of filing the quarterly TDS returns (even acknowledgment number) in the certificate issued for tax deducted.
- CBDT vide Notification - 83 , dt. 26-3-2007 Income-tax (Third Amendment) Rules, 2007-Form 16, Form 16a and Form 27d substituted, the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:-
- 1. (1) These rules may be called the Income-tax (Third Amendment) Rules, 2007.
- (2) They shall come into force on the date of their publication in the Official Gazette.
- 2. In the Income-tax Rules, 1962, in APPENDIX II, for Form No. 16, Form No. 16A and Form No. 27D, the following Forms shall be substituted, namely:"
(Use these forms at your own responsibility and being provided for your benefit and guidance only)
Although there are some controversy has arisen on account of time limitation given for issue of Form 16 & 16A and last dates of filing quarterly TDS return . But I feel CBDT will surely sort out such unintended controversy by suitable circular
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