Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Deductors must remit deducted tax promptly, file periodic and correction statements; corrections allowed up to six years (Section 192A)</h1> Any person required to deduct tax under the Chapter must remit the amounts so deducted to the Central Government or as directed within the prescribed time. Employers subject to section 192A have the same obligation. Government offices that remit such amounts without a challan must deliver a prescribed verified statement to the authorised income-tax authority. From April 1, 2005, deductors must prepare and deliver prescribed periodic statements after payment; they may file correction statements to amend information, but no correction may be filed later than six years after the end of the relevant financial year.