AI OCR 
TaxTMI 
TaxTMI 
TaxTMI 
TDS - The time and mode of payment to Government account of tax deducted at source
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....rce in accordance with the provisions of the sections 192, 194, 194-A, 194-B, 194-D and 195 to pay within the prescribed time the sum so deducted to the credit of the Central Government. 2. The time and mode of payment to Government account of tax deducted at source is laid down under Rule 30(1) of the Income-tax Rules. Under Rule 30(1)(b)(ii) all sums deducted in accordance with the provisions o....
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.... the Income-tax Officer as modified under the Rule. Under Rule 34, the Commissioner may, in his discretion, except where deduction is made by or on behalf of the Government, waive the requirement of the monthly return under Rule 32 subject to the conditions laid down therein and such other conditions as he may prescribe. 4. Thus, under the rules, while the Income-tax Officer, with the prior appro....
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....mission granted enables the employers to retain in their possession for a period of three months at a time large funds due to the Government. This is against the intention underlying the duty cast on the employer under Rule 30 (1). Such discretion to allow retention of Government Funds by the employers may also lead to other malpractices. 6. The intention of the proviso under which Income-tax Off....
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....duction of tax from salaries, as has already been indicated is required to be filed under Rule 32(1) and this can be waived only by the Commissioner of Income-tax under Rule 34 subject to the conditions laid down therein and any other conditions that he may prescribe. Therefore, if an employer feels that the statements required are voluminous, the remedy is not under Rule 30(1) to ask for permissi....