TDS Certificates

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Maitri Ketan Gada (Querist)
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27 June 2011 Is it Medontory to issue Qtrly TDS Certificate for the financial year 2010-2011? What if we had issued sigle certificate to party for full year

CMA. Subhash Kumar Jha

CMA. Subhash Kumar Jha (Expert)
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27 June 2011 yes.... its mandatory for form 16A

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Maitri Ketan Gada

Maitri Ketan Gada (Querist)
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27 June 2011 It is Medontory to issue Qtrly TDS Certificate for the financial year 2010-2011. What if we had issued sigle certificate to party for full year?

CMA. Subhash Kumar Jha

CMA. Subhash Kumar Jha (Expert)
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27 June 2011 Its a clear violation of Income tax notification :

http://www.tin-nsdl.com/downloads/CBDT_Press_Release_No_04062010.pdf

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