Electronic Filing of Returns of Tax Collected at Source Scheme, 2005

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.... on the date of its publication in the Official Gazette. (3) It shall be applicable to all persons filing returns of tax collected at source on computer media under sub-section (5B) of section 206C of the Income-tax Act, 1961. Definitions. 2. In this Scheme, unless the context otherwise requires, (1) Act means the Income-tax Act, 1961 (43 of 1961); (2) Board means the Central Board of Direct Taxes constituted under the Central Board of Revenues Act, 1963 (54 of 1963); (3) computer media means a floppy (3 inch and 1.44 MB capacity) or CD-ROM, and includes on-line data transmission of electronic data to a server designated by e-filing Administrator for this purpose; (4) e-collector means the person res....

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....d for preparation of the e-TCS Return shall be affixed with a label indicating name, permanent account number, tax deduction and collection account number and address of the e-collector, the period to which the return pertains, the Form Number of the return and the volume number of the said media in case more than one volume of such media is used. (6) Separate computer media shall be used for each Form of e-TCS Return by the e-collector. Furnishing of e-TCS Return. 4. (1) The e-collector shall furnish e-TCS Return on computer media to the e-TCS Intermediary duly supported by a declaration in Form No. 27B, as prescribed in the Rules, in paper format: Provided that in case any compression software has been used by the e-collector ....

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....ll be deemed to be the acknowledgement of the e-TCS Return. (5) Where the details of deposit of tax collected at source in bank, the permanent account number, tax deduction and collection account number or any other relevant details are not given in the e-TCS Return, the e-filing Administrator shall forward a deficiency memo to the e-collector with a request to remove the deficiencies within seven days of receipt of the same. (6) In case the deficiency indicated in the deficiency memo is removed within seven days, the data on e-TCS Return shall be transmitted by the e-TCS Intermediary to the e-filing Administrator and the provisional receipt shall be deemed to be acknowledgement of the e-TCS Return. The date of issue of provisional re....

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....period of one year from the end of the relevant financial year in which the return is required to be filed, the electronic data of the TCS Return in the format as specified by the e-filing Administrator. (3) The e-TCS Intermediary shall retain for a period of one year from the end of the relevant financial year in which the return is required to be filed, the information relating to deficiency memo and provisional receipts issued in respect of the returns filed through it. (4) The e-TCS Intermediary shall ensure confidentiality of information that comes to his possession during the course of implementation of this scheme, save with the permission of the e-collector, Assessing Officer or e-filing Administrator. (5) The e-TCS Interme....