The following Important poinst to remember while issuing TDS (Form 16/Form16A) Certificate.
Deductor must Check: Certificate of tax deducted at source shall specify as -
1. Valid permanent account number (PAN) of the deductee
2. Valid tax deduction and collection account number (TAN) of the deductor
(i) book identification number (s) where deposit of tax deducted is without production of challan in case of an office of the Government
(ii) challan identification number(s) in case of payment through bank
(iii) receipt number of the relevant quarterly statement of tax deducted at source which is furnished in accordance with the provisions of rule 31 A
(iv) receipt numbers of all the relevant quarterly statements in case the statement referred to in clause (i) is for tax deducted at source from income chargeable under the head “Salaries”
3. Where tax is deducted before the 1st day of April, 2010, the provisions of this rule shall apply as they stood immediately before their substitution by the Income tax (Amendment) Rules, 2010.
Deductor must Check: Certificate of tax deducted at source shall specify as -
1. Valid permanent account number (PAN) of the deductee
2. Valid tax deduction and collection account number (TAN) of the deductor
(i) book identification number (s) where deposit of tax deducted is without production of challan in case of an office of the Government
(ii) challan identification number(s) in case of payment through bank
(iii) receipt number of the relevant quarterly statement of tax deducted at source which is furnished in accordance with the provisions of rule 31 A
(iv) receipt numbers of all the relevant quarterly statements in case the statement referred to in clause (i) is for tax deducted at source from income chargeable under the head “Salaries”
3. Where tax is deducted before the 1st day of April, 2010, the provisions of this rule shall apply as they stood immediately before their substitution by the Income tax (Amendment) Rules, 2010.
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