As per IT Act, Form 16A should be issued within one month of the the month ending in which payment is made or credited. It is mandatory coding TIN Acknowledgement No. on Form 16A.How is it possible to code Acknowledgement no.(as it is available only after the quarter end) for the first two months Form 16A s issued of any Quarter ?
Generally if the vendor to whome you are making payment on regular basis, we take a written undertaking for issuance of consolidated TDS certificate for whole year.
Not as per the question, if you are issuing TDS certificate on monthly basis, you can mention Ack no. As "RETURN NOT YET FILED" for Qtr 1 and in Qtr 2 u can mention Ack no. of Qtr 1 & same "RETURN NOT YET FILED" in Qtr 2 column And likewise.
IT Deptt understands that the Date of filing Return has not expired.
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