UTN No.

Efiling 1296 views 9 replies

Hi,

is UTN No. is required to efile the return for financial year 2008-09

if yes, then how to get this UTN No.

Thanks

Praveen

Replies (9)

16. The return of income in Form No. ITR-1 to Form No.ITR-8 for Assessment Year 2009-10 have been notified which requires, amongst other, the quoting of the relevant UTN for every TDS or TCS claim made by the assessee. Therefore, the credit for any TDS or TCS claim will be allowed, amongst others, if the assessee quotes the relevant UTN for every TDS and TCS claim and the said UTN matches with the UTN in the database of the Income Tax Department. With a view to enabling the processing of returns relating to Financial Year 2007-08 (Assessment Year 2008-09) and enabling the assessee to receive the UTN for TDS and TCS transactions in the Financial Year 2008-09 (relevant for Assessment Year 2009-10),

the following procedure shall be followed: -

(a) National Securities Depository Limited (NSDL) shall assign an UTN for every TDS and TCS

transaction records in Financial Years 2007-08 and 2008-09, reported in the quarterly

returns received by it.

(b) NSDL will create a facility to e-mail the UTN file to the deductor if the e-mail address of

the deductor is available with them. In addition, they will also create a facility for the

deductor to download the UTN file.

(c) Upon receipt of the UTN, the deductor will inform the UTN to the deductee. In cases

where the UTNs are available to the deductor before the issue of the TDS/TCS certificate

to the deductee, the deductor will indicate the UTNs on the certificate. However, if the

UTNs are not available to the deductor before the issue of TDS/TCS certificate, the

deductor shall, subsequently, send a consolidated statement of all TDS/TCS transactions

indicating the UTNs.

(d) NSDL will also create a facility to allow independent viewing of the UTNs by the

deductee. As a result, even if the UTNs are not received by the deductee from the

deductor, they can be directly obtained from the NSDL database and quoted while

making claims of TDS and TCS in the return of income.

F.No. 142/22/2008-TPL

Circular No.

 

02 / 2009       th March, 2009

Notification No.

858(E), dated 25

F.No. 142/22/2008-TPL Circular No. 02 / 2009 dated 21st May, 2009 states the above procedure need to be followed as mentioned by Devanshi Gandhi but wat will be the status if the the UTNs are not received by 31st July, 2009 i. e. due date for filing income tax return for salaried and other individual? Will non filing of UTN be allowed or not.

Originally posted by :Radheyshyam Falod
"
F.No. 142/22/2008-TPL Circular No. 02 / 2009 dated 21st May, 2009 states the above procedure need to be followed as mentioned by Devanshi Gandhi but wat will be the status if the the UTNs are not received by 31st July, 2009 i. e. due date for filing income tax return for salaried and other individual? Will non filing of UTN be allowed or not.
"

There are more then 50 days in the due date of filing ITR, no one can expect the step of department in these days on the above issue.

Probably, we will get the UTN from NSDL before the due date but it it will not happen, The department may:

  • step-up the due date of filing ITR
  • issue is notification for filing ITR without UTN
  • Make any other alternate arrangement

**DM

UTN is not a mandatory field in ITR. We can efile return even if we don't have UTN. It's an optional field, if u know it (i am sure nobody will get UTN before due date)  mention it otherwise prepare your return without UTN.

Ajay Jee,

r  u sure that this is mandatory field.

Pls confirm this with some point, experience, case ref. etc if you are having

Thnkx

Praveen

 

UTN No. heading is in Black colour other is red.

is it optional to fill this UTN No.Column in ITR-1

 

 

SI.No Tax Deduction
Account Number
(TAN) of the Employer
UTN (Unique Transaction Number) Name of the Employer Address City State PinCode Income charg
eable under the
head Salaries
Deduction
under
Chapter VI-A
Tax payable
(incl. surch.
and edn.cess)
Total tax
Deducted
Tax
payable/
refundable
   
(1) (2) (9) (3) (4) (5) (6) (7) (8)    
1                            
2                            
3                            

Yes

THNX


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