Relief under Rule 30 for Depositing TDS on qaurterly basis in Special Cases...

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CA
682 Points Posted on 11 May 2020

Dear All,

Refer below Extract from Rule 30 (3) of IT Act regarding deposting TDS on quarterly basis in certain "special cases".

"(3) Notwithstanding anything contained in sub-rule (2), in special cases, the Assessing Officer may, with the prior approval of the Joint Commissioner, permit quarterly payment of the tax deducted under section 192 or section 194A or section 194D or section 194H for the quarters of the financial year"

Which are these special Cases and what is the procedure for applying to AO for seeking permission for the same?

Can any one help

Regards

Ankit 

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On 11 May 2020 at 18:57 Report
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Quick Summary
This discussion explores the conditions and application process for depositing Tax Deducted at Source (TDS) on a quarterly basis, as permitted by Rule 30(3) of the IT Act for 'special cases'. While the Act doesn't explicitly define these 'special cases', it's suggested they refer to situations where monthly TDS payments are exceptionally difficult due to the volume or nature of transactions. The thread also touches upon the procedure for seeking approval from the Assessing Officer (AO) for such arrangements.

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Professional - CA firm
524 Points Posted on 11 May 2020
Hi

plz pm

Mohit
8335093446
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On 11 May 2020 at 21:34
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110 Points Posted on 11 May 2020
In my opinion, nowhere in the act "special cases" are defined. Accordingly, I think special case would mean that if the monthly payment of TDS is very difficult/bulky/ next to impossible for an assessee considering the size, nature and number of transactions/entries to be complied on monthly basis. Then in such unusual/exceptional circumstances assessee can exercise this option and file a letter to AO for obtaining approval regarding the same.

Thanks and Regards,
Nihit Somani
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On 11 May 2020 at 23:02

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