Furnishing of statement of tax deducted requires the prescribed authority to deliver annual TDS statements to affected taxpayers. Furnishing of statement of tax deducted required the prescribed income-tax authority or its authorised person to prepare and deliver, within the prescribed time after each financial year, a statement in the prescribed form to every person from whose income tax was deducted or in respect of whose income tax was paid, specifying the amount of tax deducted or paid and other prescribed particulars; the provision was later omitted by subsequent legislation.