Issue of certificates of TDS under the provisions of the IT Act, 1961--Replacement of the unified Form No. 16 with new Forms Nos. 16, 16A and 16B--Acceptance of TDS certificates in unified Form No. 16 in lieu of Form No. 16B till 31-12-1991
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Acceptance of old Form 16 permits its use instead of Form 16B for prescribed TDS categories temporarily. Assessing Officers may accept TDS certificates issued in the old Form No.16 in lieu of Form No.16B for the categories of tax deduction for which Form No.16B has been prescribed; both forms remain valid and tax deductors may use either form, and field officers may sell existing stocks of the old Form No.16.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Acceptance of old Form 16 permits its use instead of Form 16B for prescribed TDS categories temporarily.
Assessing Officers may accept TDS certificates issued in the old Form No.16 in lieu of Form No.16B for the categories of tax deduction for which Form No.16B has been prescribed; both forms remain valid and tax deductors may use either form, and field officers may sell existing stocks of the old Form No.16.
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