TDS Certificate
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 January 2011
Sirs,
Can anybody confirm that for the AY 2011-12, a consolidated TDS certificate can be issued if the deductee wants consolidated TDS certificate for 4qtrs of Assessment year 2011-12 instead of issuing one certificate for each quarter ? Please give refernce also.
Sirs,
Can anybody confirm that for the AY 2011-12, a consolidated TDS certificate can be issued if the deductee wants consolidated TDS certificate for 4qtrs of Assessment year 2011-12 instead of issuing one certificate for each quarter ? Please give refernce also.
12 January 2011
Rule 31 of IT Rule governs the manner and time limit for issue of TDS certificates. There is a proviso to Rule 31(3) which states as follows
Provided also that where more than one certificate is required to be furnished to a payee for deductions of income-tax made during a financial year, the person deducting the tax, may on request from such payee, issue within one month from the close of such financial year a consolidated certificate in Form No. 16A for tax deducted during whole of such financial year.
Provided also that where more than one certificate is required to be furnished to a payee for deductions of income-tax made during a financial year, the person deducting the tax, may on request from such payee, issue within one month from the close of such financial year a consolidated certificate in Form No. 16A for tax deducted during whole of such financial year.
12 January 2011
yes so by looking on the above rules you can issue
12 January 2011
The Rules have since been amended. Please view Notification No. 41/2010 [F.No. 142/27/2009-SO(TPL)], dated 31-5-2010.
Source: https://www.etaxindia.org/2010/06/income-tax-sixth-amendment-rules-2010.html
Also study Article published in Dec 10 Issue of The Chartered Accountant (ICAI Journal)
Source: https://www.etaxindia.org/2010/06/income-tax-sixth-amendment-rules-2010.html
Also study Article published in Dec 10 Issue of The Chartered Accountant (ICAI Journal)
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Scrutiny and reopening of past returns
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- Under construction property in ITR
- PPF interest-As Exempt Income disclosure
- Not able to file ITR
- Building tax payment deduction in rental Income
- Upload Level ValidationITR3Category of Defect B/D
- FEMA regulation Act. for inward remitance
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
