TaxTMI 
TaxTMI 
Procedure for the purposes of furnishing and verification of Form 26A for removing of default of Short Deduction and/or Non Deduction of Tax at Source- Reg.
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....section 201 of Income-tax Act, 1961, any person, including the principal officer of a company, who fails to deduct the whole or any part of the tax in accordance with the provisions of Chapter XVII-B on the sum paid to a resident or on the sum credited to the account of a resident shall not be deemed to be an assessee in default in respect of such tax if such resident- (i) has furnished his return of income under section 139; (ii) has taken into account such sum for computing income in such return of income; and (iii) has paid the tax due on the income declared by him in such return of income, and the person furnishes a certificate to this effect from an accountant in such form as may be....
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....t on non-deduction of the whole or any part of the tax or failure in payment after deduction as required by or under this Act shall be paid before furnishing the statement in accordance with the provisions of the Act. [2] Furnishing of Form 26A in electronic shall be enabled with effect from 15.01.2017. 4. The procedure for electronic filing of Form 26A is as follows: 4.1 Role of Deductor: STEPS PLACE OF ACTION ACTION 1 TRACES Portal Get Details of Short Deduction: Deductor needs to submit request to get details of short deduction. 2. TRACES Portal Enter No Deduction transactions: Deductor needs to enter detail....
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....tions on which Form 26A effect is to be given: Locate and select No-Deduction transaction for which request for Form 26A is to be submitted. 6. E-Filing Portal Authorize Membership Number of Accountant : Deductor, after ascertaining the membership number of the accountant who is to certify Annexure A of Form 26A, needs to authorize such accountant by entering his membership number in respect of each of the Short-Deduction and Non-Deduction transactions(in one or more sessions) and submit these authorizations. 7. E-Filing Portal Certification from Authorized Accountant: On successful authorization by Deductor, the Accountant so authorized on E-Filing Portal may fill in the relevan....
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....countant has to get himself registered at E-Filing Portal and share his membership number with the Deductor desiring to authorize him with respect to Short-Deduction and/or Non-Deduction. 2. Receive DINs and/or Alpha-Numeric Strings with respect to each of the Short-Deduction and/or Non-Deduction from the Deductor. 3. After being so authorized by Deductor and upon receiving DINs and/or Alpha-Numeric Strings from Deductor; login to E- Fling Portal with Accountant credentials. 4. Use DINs and/or Alpha-Numeric Strings to identify the Deductee rows which are to be verified. 5. Complete Annexure A to Form 26A with respect to the concerned Deductee. 6. Submit the Annexure A so completed by digita....