Apr 252013
 

TDS Certificate in Form No 16 as notified vide Notification No. 11/2013 dated 19.02.2013 has two parts viz Part A and Part B (Annexure). Part A contains details of tax deduction and deposit and Part B (Annexure) contains details of income.

ISSUE OF PART A OF FORM NO. 16 FOR DEDUCTION OF TAX AT SOURCE MADE ON OR AFTER 01.04.2012:

All deductors (including Government deductors who deposit TDS in the Central Government Account through book entry) shall issue the Part A of Form No. 16, by generating and subsequently downloading through TRACES Portal, in respect of all sums deducted on or after the 1st day of April, 2012 under the provisions of section 192 of Chapter XVII-B. Part A of Form No 16 shall have a unique TDS certificate number.

AUTHENTICATION OF TDS CERTIFICATE IN FORM NO. 16:

The deductor, issuing the Part A of Form No. 16 by downloading it from the TRACES Portal, shall, before issuing to the deductee authenticate the correctness of contents mentioned therein and verify the same either by using manual signature or by using digital signature in accordance with sub-rule (6) of Rule 31.

Download Circular & New Form16

Apr 252013
 

Important Due dates for TDS and TCS return filing, March Deposit and Certificates (16,16A,27D)

  • Tax deducted for Salary & Non Salary in the Month of March 2013 –  Due date for deposit is 30th April 2013.
  • Tax colected in the Month of March 2013  Due date for deposit is 7th April 2013. (not 30th April 2013)
  • Salary (Form 24Q) Quarterly Return for 4th Quarter from 01-01-2013 to 31-03-2013  –  Due date for Filing is 15-05-2013
  • Non Salary (Form 26Q) Quarterly Return for 4th Quarter from 01-01-2013 to 31-03-2013  –  Due date for Filing is 15-05-2013
  • Payment to Non Residents (Form 27EQ) Quarterly Return for 4th Quarter from 01-01-2013 to 31-03-2013  –  Due date for Filing is 15-05-2013
  • Issuing of Form 16 (Salary) to Employees – Due date is 31-05-2013.
  • Issuing of Form 16A (Non Salary) for 4th Quarter from 01-01-2013 to 31-03-2013 – Due date is 30-05-2013.
  • TCS Certificate Form 27D – Due date is 30-05-2013