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Form 16a

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rajnish jain

rajnish jain (Querist)
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09 May 2012 Is it mandatory that Companies and Bank to obtained Form 16A from TIN Site? There is any Circular for this.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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09 May 2012 CBDT by a recent circular No 3/2011 [F. NO. 275/34/2011-(IT-B), DATED 13-5-2011 has made it compulsory for the Banking and other companies to issue form 16A for TDS w.e.f 01-04-2011 by downloading it from the TIN website online so as to eliminate the mis-matches in the form 26AS and the form 16A, which will facilitate the refund process.

AMIT MODI

AMIT MODI (Expert)
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09 May 2012 CIRCULAR NO 01/2012, Dated: April 9, 2012
Issuance of TDS Certificates in Form No.16A downloaded from TIN website - Circular under section 119 of the Income-tax Act 1961.

from 01/04/2012 deduction made on after 01/04/2012 mandatory to downlaod form 16/form 16 from Tin website

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