Clarifications regarding TDS:
TDS Challan Payment / Form 17 Provision:
- Till now, there is no official information published on Form 17. Department is saying about issuing a clarification circular to clear the matters.
- Meanwhile, ICAI has sought clarification from department regarding the matter. Visit www.icai.org for information.
- However, the facility to pay TDS e-Payment through ITNS 281 is still available at www.tin-nsdl.com. That means payment for AY 2010-11 can be made through e-Payment at this website.
- Income Tax Helpline confirms on TDS payment through ITNS 281, as there is no facility for FORM 17.
- So, you can visit www.tin-nsdl.com and make the payment of TDS (with ITNS 281), till Form 17 provision appears.
Keep your FVU files safely:
As per the suggestion by Income Tax Department, it is better to preserve the e-Return file in a CD, along with the Provisional Receipt for future references. The point to be seen here is, e-Return file has the same importance as the copy of Paper return [assume Income Tax Return]. We usually keep a copy of every paper return / balance sheet / etc filed with the authority. But in case of TDS e-Return we keep it in a form of receipt, and misses out the Soft copy [fvu] file filed with the TIN FC. So, once more we request every deductor to keep a copy of every original Return and the correction Return in a CD along with the receipt. A piece of additional information written over the CD / CD-Cover like, PRN number, Form name, Quarter, Financial Year, Return Type, Date Of Filing and the TAN will make the future reference job easier.
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