Tax Deduction at Source compliance required for contractor payments; assessing officer must enforce collection and penal action. Tax Deduction at Source obligations under section 194C and Rule 37(2C) require the assessing ITO to ensure collection, enforce statutory deduction requirements and take penal action for defaults. Branches may use challans from local ITOs for payment to Government accounts provided the challans clearly indicate the payer's PAN and the designation of the assessing ITO to enable correct credit and reconciliation. Any conflicting instructions from Commissioners must be withdrawn or modified and intimated to the Board.
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.
Tax Deduction at Source compliance required for contractor payments; assessing officer must enforce collection and penal action.
Tax Deduction at Source obligations under section 194C and Rule 37(2C) require the assessing ITO to ensure collection, enforce statutory deduction requirements and take penal action for defaults. Branches may use challans from local ITOs for payment to Government accounts provided the challans clearly indicate the payer's PAN and the designation of the assessing ITO to enable correct credit and reconciliation. Any conflicting instructions from Commissioners must be withdrawn or modified and intimated to the Board.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
