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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>New Guidelines for Zonal Accounts Officers on Managing TDS from State Employees' Salaries; CITs to Monitor Compliance.</h1> The circular outlines the procedures for accounting tax deducted at source (TDS) from State Government employees' salaries. Zonal Accounts Officers (ZAOs) are tasked with obtaining and depositing TDS cheques from State Governments, while Commissioners of Income-tax (CIT) monitor delays. The bank informs ZAOs of credited tax amounts, which are then reported by CITs under specific tax heads. Detailed tax breakdowns are required for monthly reports, with suspense accounts used for pending classifications. The CITs coordinate treasury-wise TDS figures and adjust collection targets accordingly, with any disagreements referred to the Board for resolution.
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