AI OCR 
TaxTMI 
TaxTMI 
TaxTMI 
INCOME-TAX (SECOND AMENDMENT) RULES, 2013 - AMENDMENT IN RULES 31A SUBSTITUTION OF RULES 31ACB, 37J AND FORM NOS.15G, 15H, 16, 16A, 24Q, 26Q, 27C, 27D, 27Q & 27EQ AND INSERTION OF FORM NO. 26B
X X X X Extracts X X X X
X X X X Extracts X X X X
....dance with the procedures, formats and standards specified under sub-rule (5); (c) furnishing the statement electronically along with the verification of the statement in Form 27A or verified through an electronic process in accordance with the procedures, formats and standards specified under sub-rule (5)"; (B) in clause (ii), for the words, brackets and letters "item (b) of clause (i)", the words, brackets and letters "item (b) or item (c) of clause (i)" shall be substituted; (C) in clause (iii), for the words, brackets and letters "item (b) of clause (i)", the words, brackets and letters "item (b) or item (c) of clause (i)" shall be substituted; (b) after sub-rule (3), the following sub-rule shall be inserted, namely:- "(3A) A claim for refund, for sum paid to the credit of the Central Government under Chapter XVII-B, shall be furnished by the deductor in Form 26B electronically under digital signature in accordance with the procedures, formats and standards specified under sub-rule (5)."; (c) in sub-rule (4), after clause (vii), the following clause shall be inserted, namely:- "(viii) furnish particulars of amount paid or credited on which tax was not deducted....
X X X X Extracts X X X X
X X X X Extracts X X X X
....shall be furnished in Form 26A to the Director General of Income-tax (Systems) or the person authorised by the Director General of Income-tax (Systems) in accordance with the procedures, formats and standards specified under sub-rule (2), and verified in accordance with the procedures, formats and standards specified under sub-rule (2). (2) The Director General of Income-tax (Systems) shall specify the procedures, formats and standards for the purposes of furnishing and verification of the Form 26A and be responsible for the day-to-day administration in relation to furnishing and verification of the Form 26A in the manner so specified.". 5. For rule 37J of the said rules, the following rule shall be substituted, namely:- "37J. Form for furnishing certificate of accountant under the first proviso to sub-section (6A) of section 206C.-(1) The certificate from an accountant under the first proviso to sub-section (6A) of section 206C shall be furnished in Form 27BA to the Director General of Income-tax (Systems) or the person authorised by the Director General of Income-tax (Systems) in accordance with the procedures, formats and standards specified under sub-rule (2) and verified in....
X X X X Extracts X X X X
X X X X Extracts X X X X
....lary for the quarter ended ................. (June/September/December/March) .......... (Financial year) (h) for Form No. 27C, the following Form shall be substituted, namely :- FORM NO. 27C [See rule 37C] Declaration under sub-section (1A) of section 206C of the Income-tax Act, 1961 to be made by a buyer for obtaining goods without collection of tax (i) for Form No. 27D, the following Form shall be substituted, namely :- Form No. 27D [See rule 37D] Certificate under section 206C of the Income-tax Act, 1961 for tax collected at source (j) for Form No. 27EQ, the following Form shall be substituted, namely :- FORM NO. 27EQ [See section 206C and rule 31AA] Quarterly statement of collection of tax at source under section 206C of the Income-tax Act, for the quarter ended .......... (June/September/December/March) .......... (Financial year) (k) for Form No. 27Q, the following Form shall be substituted, namely :- FORM NO. 27Q [See sections 194E, 194LB, 194LC, 195, 196A, 196B, 196C, 196D and rule 31A] Quarterly statement of deduction of tax under sub-section (3) of section 200 of the Income-tax Act in respect of payments other than salary made to non-residents for the....
X X X X Extracts X X X X
X X X X Extracts X X X X
....son (not being a company or firm) claiming certain receipts without deduction of tax. PART I 1. Name of Assessee (Declarant)2. PAN of the Assessee 3. Assessment Year ( for which declaration is being made) 4. Flat/Door/Block No.5. Name of Premises6. "Status 7. Assessed in which Ward/Circle 8. Road/Street/Lane9. Area/Locality10. AO Code(under whom assessed last time) Area CodeAO TypeRange CodeAO No. 11. Town/City/District12. State 13. PIN14. Last Assessment Year in which assessed 15. Email16. Telephone No. (with STD Code) and Mobile No.17. Present Ward/Circle 18. Residential Status ( within the 19. Name of Business/Occupationmeaning of Section 6 of the Income Tax Act,1961) 20. Present AO Code (if not same as above) 21. Jurisdictional Chief Commissioner of Income-tax or Commissioner of Income-tax (if not assessed toArea Code|AO Type|Range CodeAO No. Income-tax earlier) 22. Estimated total income from the sources mentioned below: Area Code AO Type Range Code , (Please tick the relevant box) Dividend from shares referred to in Schedule I Interest on securities referred to in Schedule Il Interest on sums referred to in Schedule III Income form units referred to in Schedule IV The am....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... previous year ending on . relevant to the assessment year ... .will be nil. * I/We also, declare that *my/our *income/incomes referred to in Column 22 for the previous year ending on ...... relevant to the assessment year . will not exceed.the maximum amount which is not chargeable to income-tax. 1 Place: Date: Signature of the Declarant PART II [For use by the person to whom the declaration is furnished] 1. Name of the person responsible for paying the income referred to in Column 22 of Part I2. PAN of the person indicated in Column 1 of Part II 3. Complete Address4. TAN of the person indicated in Column 1 of Part II 5. Email6. Telephone No. (with STD Code) and Mobile No. 7. Status 8. Date on which Declaration is Furnished (dd/mm/yyyy)9. Period in respect of which the dividend has been declared or the income has been paid/credited10. Amount of income paid 11. Date on which the incorne has been paid/ credited(dd/mm/yyyy) ... 12. Date of declaration, distribution or payment of dividend/withdrawal under the National Savings Scheme(dd/mm/yyyy) 13. Account Number of National Saving Scheme from which withdrawal has been made Forwarded to the Chief Commissioner or Commissioner ....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... Commissioner of Income-tax or Commissioner of Income-tax(if not assessed to Income-tax earlier)Area CodeAO Type|Range CodeAO No. 21. Estimated total income from the sources mentioned below : Area Code AO Type |Range Code (Please tick the relevant box) Dividend from shares referred to in Schedule I Interest on securities referred to in Schedule !! Interest on sums referred to in Schedule III2 Income from units referred to in Schedule IV The amount of withdrawal referred to in clause (a) of sub-section 2 of section 80CCA referred to in Schedule V 22. Estimated total income of the previous year in which income mentioned in Column 21 is to be included 2 23.Details of investments in respect of which the declaration is being made: SCHEDULE -! (Details of shares, which stand in the name of the declarant and beneficially owned by him) No. of sharesClass of shares & face value of each shareTotal value of sharesDistinctive numbers of the sharesDate(s) on which the shares were acquired by the declarant(dd/mm/yyyy) him) Date(s) on which the shares were acquired by the declarant(dd/mm/yyyy) him) SCHEDULE-11 (Details of the securities held in the name of declarant and beneficially....
X X X X Extracts X X X X
X X X X Extracts X X X X
..../credited10. Amount of income paid11. Date on which the income has been paid / credited(dd/mm/yyyy) 13. Account number of National Savings Scheme from which withdrawal has been made 12. Date of declaration, distribution or payment of dividend/withdrawal under the National Savings Scheme(dd/mm/yyyy) Forwarded to the Chief Commissioner or Commissioner of Income-tax ... Place: Date: Signature of the person responsible for paying the income referred to in Column 21 of Part ! Notes: 1 The declaration should be furnished in duplicate. 2. *Delete whichever is not applicable. 3. Before signing the verification , the declarant should satisfy himself that the information furnished in the declaration is true, correct and complete in all respects. Any person making a false statementin the declaration shall be liable to prosecution under 277 of the Income-tax Act, 1961 and on conviction be punishable- i) In a case where tax sought to be evaded exceeds twenty-five lakh rupees, with rigorous imprisonment which shall not be less than 6 months but which may extend to seven years and with fine; ii) In any other case, with rigorous imprisonment which shall not be less than 3 months but wh....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... given above is true, complete and correct and is based on the books of account, documents, TDS statements, TDS deposited and other available records. Place(Signature of person responsible for deduction of tax) Date Designation:Full Name: 1. Government deductors to fill information in item I if tax is paid without production of an income-tax challan and in item II if tax is paid accompanied by an income-tax challan. Notes: 2. Non-Government deductors to fill information in item II. 3. The deductor shall furnish the address of the Commissioner of Income-tax (TDS) having jurisdiction as regards TDS statements of the assessee. 4. If an assessee is employed under one employer only during the year, certificate in Fonn No. 16 issued for the quarter ending on 31" March of the financial year shall contain the details of tax deducted and deposited for all the quarters of the financial year. 5 If an assessee is employed under more than one employer during the year, each of the employers shall issue Part A of the certificate in Form No. 16 pertaining to the period for which such assessee was employed with each of the employers. Part B (Annexure) of the certificate in Form No. 16 may be....
X X X X Extracts X X X X
X X X X Extracts X X X X
....od Address. To From City. Pin code. Summary of payment SI. No.Amount paid/creditedNature of paymentDeductee Reference No. provided by the Deductor (if any)Date of payment/credit (dd/mm/yyyy) Total (Rs.) Summary of tax deducted at source in respect of Deductee Quarter Receipt Numbers of original quarterly statements of TDS under sub-section (3) of section 200 Amount of tax deducted in respect of Deductee Amount of tax deposited/ remitted in respect of Deductee I. DETAILS OF TAX DEDUCTED AND DEPOSITED IN THE CENTRAL GOVERNMENT ACCOUNT THROUGH BOOK ADJUSTMENT (The deductor to provide payment wise details of tax deducted and deposited with respect to the deductee) SI. No.Tax deposited in respect of the deductee ( Rs.)Book Identification Number (BIN) Receipt numbers of Form No. 24GDDO serial number in Form No.24GDate of Transfer voucher (dd/mm/yyyy)Status of Matching with Form No.24G Total (Rs.) II. DETAILS OF TAX DEDUCTED AND DEPOSITED IN THE CENTRAL GOVERNMENT ACCOUNT THROUGH CHALLAN (The deductor to provide payment wise.details of tax deducted and deposited with respect to the deductee) SI. No.Tax deposited in respect of the deductee ( Rs.)Challan Identification Number....
X X X X Extracts X X X X
X X X X Extracts X X X X
....Token No. of original statement (f) Type of Deductor[See Note 2] 12 19 7. 4. Details of tax deducted and paid to the credit of the Central Government: Sl. No. Tax Education Interest Cess Fee (See Note 5) Penalty / Others Total amount Mode of deposited as deposit per challan [301] Book through Challan (C) Adjustment/Book (302+303+304| Adjustment +305+306) (B) (See Note 6) (See Note 7) BSR code/ Receipt Number of Form No. 24G (See Note 8) Challan Date on Serial which No./DDO Serial no. of Form No. amount deposited through 24G (See Note 8) challan/ Date of transfer Minor Head of Challan (See Note 9) voucher (dd/mm/yy yy) (See Note 8) [302] [303] [304] [305] [306] [307] [308] [309] [310] [311] (312) 1 2 3 5. Details of salary paid and tax deducted thereon from the employees - (i) enclose Annexure I along with each statement having details of the relevant quarter; (ii) enclose Annexure II along with the last statement, i.e., for the quarter ending 31st March having details for the whole financial year. Verification hereby certify that all the particulars furnished above are correct and complete. 1. Place: Date:....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... deduction [See Notes 1, 2 and 3] Assessing Officer for non- deduction/lower deduction [313] [314] [315] [316] [317] [318] [319] [320] [321] [322] [323] [324] [325] [326] 1 2 3 Total 1, Place: Date: Verification hereby certify that all the particulars furnished above are correct and complete. Signature of the person responsible for deducting tax at source Name and designation of the person responsible for deducting tax at source Notes: 1. Write "A" if certficate has been given by the Assessing Officer for deduction of tax at lower rate under section 197. PAN of employee is mandatory in such cases. 2. Write "B" if certficate has been given by the Assessing Officer for no deduction of tax under section 197. PAN of employee is mandatory in such cases. 3. Write "C" if deduction is on higher rate on account of non-furnishing of PAN by the deductee. 4. List of section codes is as under: Section Nature of Payment Section Code 192 192 Payment to Government employees other than Union Government employees Payment to employees other than Government employees 92A 92B 192 Payment to Union Government employees 92C [327] 14 Date: Place: Serial....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... fees, commission, bonus, repayment of amount deposited under the Additional Emoluments (Compulsory Deposit) Act, 1974, perquisites, profits in lieu of or in addition to any salary or wages including payments made at or in connection with termination of employment, advance of salary, any payment received in respect of any period of leave not availed [other than exempted under section 10 (10AA)], any annual accretion to the balance of the account in a recognised provident fund chargeable to tax in accordance with rule 6 of Part A of the Fourth Schedule of the Income-tax Act, 1961, any sums deemed to be income received by the employee in accordance with sub-rule (4) of rule 11 of Part A of the Fourth Schedule of the Income-tax Act, 1961, any contribution made by the Central Government to the account of the employee under a pension scheme referred to in section 80CCD or any other sums chargeable to income-tax under the head 'Salaries'. 2. Where an employer deducts from the emoluments paid to an employee or pays on his behalf any contributions of that employee to any approved superannuation fund, all such deductions or payments should be included in the statement. "; B Do....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ucting tax at source Date: Notes: 1. It is mandatory for non-Government deductors to quote PAN. In case of Government deductors,"PANNOTREQD" should be mentioned. 2. Please indicate Government deductor or non-Government deductor. 3. In case of Central Government, please mention name of Ministry/Department. In case of State Government, please mention name of the State. 4. In alternate telephone number and alternate email, please furnish the telephone number and email of a person who can be contacted in the absence of deductor or person responsible for deduction of tax. 5. Fee paid under section 234 E for late filling of TDS statement to be mentioned in separate column of 'Fee' (column 404) 6. In column 406, Government DDOs to mention the amount remitted by the PAO/CDDO/DTO. Other deductors to write the exact amount deposited through challan. 7. In column 407, Government deductors to write "B" where TDS is remitted to the credit of Central Government through book adjustment. Other deductors to write "C". 8. Challan / Transfer Voucher (CIN / BIN) particulars , i.e. 408, 409, 410 should be exactly the same as available at Tax Information Network. 9. In column 411, mention min....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... 194BWinnings from lotteries and crossword puzzles94B 194BBWinnings from horse race4BB 194CPayment of contractors and sub-contractors94C 194DInsurance Commission94D 194EEPayments in respect of deposits under National Savings Schemes4EE 194FPayments on account of re-purchase of Units by Mutual Funds or UTI94F 194GCommission, prize etc., on sale of lottery tickets94G 194HCommission or Brokerage94H 194I (a)Rent4IA 194I (b)Rent4IB 194JFees for Professional or Technical Services94J 194LAPayment of Compensation on acquisition of certain immovable property4LA."; Document 8 J . "FORM No.27C [See rule 37C] Declaration under sub-section (1A) of section 206C of the income-tax Act, 1961 to be made by a buyer for obtaining goods without collection of tax PARTI INFORMATION: BUYER1. Name of Buyer (applicant)2. PAN of the Buyer 3. Flat/Door/Block No.4. Name of Premises5 .*** Status(choose among 1 to 6) 8. Assessed in which Ward/Circle 6. Road/Street/Lane7. Area/Locality9. AO Code (under whom assessed last time) Area CodeAO TypeRange CodeAO No. |10. Town/City/District11. State 12. PIN13. Last Assessment year in which assessed 14. Email15. Telephone No. (with STD Code) and Mobile No.16. Present....
X X X X Extracts X X X X
X X X X Extracts X X X X
....hich shall not be less than 6 months but which may extend to seven years and with fine; . ii) In any other case, with rigorous imprisonment which shall not be less than 3 months but which may extend to two years and with fine."; 20 Document 9 "Form No.27EQ [See section 206C and rule 31AA] 1. (a) Quarterly statement of collection of tax at source under section 206C of the Income-tax Act for the quarter ended. Tax Deduction and (d) Collection Account .(June/September/December/March)........... Has the statement been filed earlier for this quarter (Yes/No) ..(Financial year) Number (TAN) (b) Permanent Account Number (PAN) [See (e) If answer to (d) is "Yes", then Token No. of original statement Note 1] (c) Financial Year (f) Type of Collector (See Note 2) 2. Particulars of the Collector (a) Name of the Collector (b) If Central/State Government Name (See Note 3) AIN Code of PAO/TO/CDDO (c) TAN Registration No. (d) Address Flat No. Name of the premises/building Road/Street/Lane Area/Location Town/City/District State PIN Code Telephone No. Alternate telephone No. (See Note 4) Email Alternate email (See Note 4) 3. Particulars of the person respo....
X X X X Extracts X X X X
X X X X Extracts X X X X
....lars, i.e. 660, 661, 662 should be exactly the same as available at Tax Information Network. 9. In column 663, mention minor head as marked on the challan. + 25 23 BSR Code of branch/Receipt Number of Form No. 24G Date on which challan deposited/Transfer voucher date (dd/mm/yyyy) Challan Serial Number / DDO Serial No. of Form No. 24G Amount as per Challan Total TCS to be allocated among deductees as in the vertical total of Col. 677 Total interest to be allocated among the parties mentioned below ANNEXURE-: PARTY WISE BREAK UP OF TCS (Please use separate Annexure for each-line item in Table at St. No. 04 of main Form 27EQ) Details of amount received/debited during the quarter ended.. (dd/mm/yyyy) and of tax collected at source Sl. No. Party Party code PAN of reference (01- the Name of Total value Amount party of the Date on received/which number Company party transaction debited amount Collection Code (See Note 2) Tax Surcharge Education Cess Total tax collected provided 02-Other received. [673+674+ 675] Total tax Date of Rate at deposited collection which (dd/mm/yy collected Reason for non yy) lower by the than debited collector, co....
X X X X Extracts X X X X
X X X X Extracts X X X X
....uctor (a) Name of the deductor (b) If Central/State Government Name (See Note 3) AIN Code of PAO/TO/CDDO (c) TAN Registration No. (d) Address Flat No. Name of the premises/building Road/Street/Lane Area/Location Town/City/District State PIN Code Telephone No. Alternate telephone No. (See Note 4) Email Alternate email (See Note 4) 3. Particulars of the person responsible for deduction of tax: (a) Name (b) Address Flat No. Name of the premises/building Road/Street/Lane Area/Location Town/City/District State PIN Code Telephone No. Alternate telephone No. (See Note 4) Email Alternate email (See Note 4) Mobile No. 0 (e) (f) If answer to (d) is "Yes", then Token No. of original statement Type of Deductor (See Note 2) 7. 4. Details of tax deducted and paid to the credit of the Central Government: Sl. No. Tax [701] Surcharge Education Cess Interest Fee (See Note 5) Penalty / Others Total amount deposited as Mode of deposit per challan/ through Book Challan (C) Adjustment /Book (702+703+704+ Adjustment 705+706+707) (B) (See Note (See Note 6) 7) BSR code/ Receipt Number of Form No.24G (See Note 8) Challan Serial No./DDO S....
X X X X Extracts X X X X
X X X X Extracts X X X X
....K UP OF TDS (Please use separate Annexure for each line-item in Table at Sl. No. 04 of main Form 27Q) Details of amount paid/credited during the quarter ended.... ..(dd/mm/yyyy) and of tax deducted at source Name of the Deductor TAN Name of the Section code Date of Amount Tax payment paid or deductee (See Note 4) or credit credited (dd/mm/y Surcharge Education Total tax Total tax Cess deducted deposited [722+723+ 724] non- yyy) Date of Rate at Reason for Number of Whether Nature of deduction which the the rate (dd/mm/yy deducted deduction/ certificate of TDS is yy) lower issued by as per deduction/ the Unique Remittance Acknowledgement grossing up/Higher Assessing Officer for IT Act (a) DTAA(b) of the corresponding Form No. 15CA, if available Deduction (see notes 1 to 3) non- deduction/ lower deduction Country to which remittance is made (714 [715] [716] (717) (718) 719 720] [721] [722] [723] [724] 725] 1 [726] [727] 728] [729] (730) [731] 1732] [733] [734] 2 3 Total Verification Place: Date: Note: hereby certify that all the particulars furnished above are correct and complete. Signature of the pe....