Home Acts & Rules Income Tax Rule Income-tax Rules, 1962 Chapters List Chapter VI DEDUCTION OF TAX AT SOURCE This
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Rule 31A - Quarterly statement of deduction of tax or collection of tax - Income-tax Rules, 1962Extract 1 [ Statement of deduction of tax under sub-section (3) of section 200 . 31A . (1) Every person responsible for deduction of tax under Chapter XVII-B, shall, in accordance with the provisions of sub-section (3) of section 200 , deliver, or cause to be delivered, the following quarterly statements to the Director General of Income-tax (Systems) or the person authorised by the Director General of Income-tax (Systems), namely:- (a) Statement of deduction of tax under section 192 23 [ and section 194P ] in Form No. 24Q ; (b) Statement of deduction of tax under sections 193 to 196D 24 [ (other than section 194P ) ] in- (i) Form No. 27Q in respect of the deductee who is a non-resident not being a company or a foreign company or resident but not ordinarily resident; and (ii) Form No. 26Q in respect of all other deductees. 28 [ Provided that where the Exchange has, in accordance with the guidelines issued under sub-section (6) of section 194S, agreed to pay tax in relation to a transaction of transfer of a virtual digital asset, owned by it as an alternative to tax required to be deducted by the buyer of such asset under section 194S, the Exchange shall deliver or cause to be delivered, a quarterly statement of such transactions in Form No. 26QF to the Principal Director General of Income-tax (Systems) or Director General of Income-tax (Systems) or the person authorised by the Principal Director General of Income-tax (Systems) or the Director General of Income-tax (Systems). Explanation: For the purposes of this sub-rule, (i) Exchange means a person that operates an application or platform for transfer of virtual digital assets, which matches buy and sell trades and execute the same on their application or platform; (ii) virtual digital asset shall have same meaning as assigned to it in clause (47A) of section 2. ] 12 [(2) Statements referred to in sub-rule (1) for the quarter of the financial year ending with the date specified in column (2) of the Table below shall be furnished by the due date specified in the corresponding entry in column (3) of the said Table: Table Sl. No. Date of ending of quarter of financial year Due date (1) (2) (3) 1. 30th June 31st July of the financial year 2. 30th September 31st October of the financial year 3. 31st December 31st January of the financial year 4. 31st March 31st May of the financial year immediately following the financial year in which the deduction is made] (3) (i) The statements referred to in sub-rule (1) may be furnished in any of the following manners, namely:- (a) furnishing the statement in paper form; 5 [(b) furnishing the statement electronically under digital signature in accordance 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)] (ii) Where,- (a) the deductor is an office of the Government; or (b) the deductor is the principal officer of a company; or (c) the deductor is a person who is required to get his accounts audited under section 44AB in the immediately preceding financial year; or (d) the number of deductee's records in a statement for any quarter of the financial year are twenty or more, the deductor shall furnish the statement in the manner specified in 6 [item (b) or item (c) of clause (i)]. (iii) Where deductor is a person other than the person referred to in clause (ii), the statements referred to in sub-rule (1) may, at his option, be delivered or cause to be delivered in the manner specified in 7 [item (b) or item (c) of clause (i)]. 8 [(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 14 [ or verified through an electronic process ] in accordance with the procedures, formats and standards specified under sub-rule (5).] 25 [ (3B) Specified bank responsible for deduction of tax under section 194P shall furnish evidence produced by the specified senior citizen for claiming deduction under chapter VI-A to the Principal Director General of Income-tax (Systems) or Director General of Income-tax (Systems) or to any other person authorised by the Principal Director General of Income-tax (Systems) or Director General of Income-tax (Systems), as and when required. ] (4) The deductor at the time of preparing statements of tax deducted shall,- (i) quote his tax deduction and collection account number (TAN) in the statement; (ii) quote his permanent account number (PAN) in the statement except in the case where the deductor is an office of the Government; (iii) quote the permanent account number of all deductees; (iv) furnish particulars of the tax paid to the Central Government including book identification number or challan identification number, as the case may be. 2 [(v) furnish particulars of amount paid or credited on which tax was not deducted in view of the issue of certificate of no deduction of tax under section 197 by the Assessing Officer of the payee; (vi) furnish particulars of amount paid or credited on which tax was not deducted in view of the compliance of provisions of sub-section (6) of section 194C by the payee.] 4 [( vii ) furnish particulars of amount paid or credited on which tax was not deducted in view of the furnishing of declaration under sub-section (1) or sub-section (1A) or sub-section (IC) of section 197A by the payee.] 9 [(viii) furnish particulars of amount paid or credited on which tax was not deducted 18 [ or deducted at lower rate ] in view of the notification issued under sub-section (1F) of section 197A ] 30 [ (ix) furnish particulars of amount paid or credited on which tax was not deducted or deducted at lower rate in view of the notification issued under second proviso to section 194N or in view of the exemption provided in fourth proviso to section 194N or in view of the notification issued under fifth proviso to section 194N; ] 20 [ 21 [ (x) furnish particulars of amount paid or credited on which tax was not deducted or deducted at lower rate in view of the notification issued under sub-section (5) of section 194A or in view of exemption provided under clause (x) of sub-section (3) of section 194A . ] (xi) furnish particulars of amount paid or credited on which tax was not deducted under sub-section (2A) of section 194LBA. (xii) furnish particulars of amount paid or credited on which tax was not deducted in view of clause (a) or clause (b) of sub-section (1D) of section 197A. (xiii) furnish particulars of amount paid or credited on which tax was not deducted in view of the exemption provided to persons referred to in Board Circular No. 3 of 2002 dated 28th June 2002 or Board Circular No. 11 of 2002 dated 22nd November 2002 or Board Circular No. 18 of 2017 dated 29th May 2017. ] 22 [ (xiv) furnish particulars of amount paid or credited on which tax was not deducted in view of clause (d) of the second proviso to section 194 or in view of the notification issued under clause (e) of the second proviso to section 194 ; (xv) furnish particular of amount paid or credited on which tax was not deducted in view of proviso to sub-section (1A) or in view of sub-section (2) of section 196D .; (xvi) furnish particulars of amount paid or credited on which tax was not deducted in view of sub-section (5) of section 194Q with effect from 1st day of July,2021. ] 26 [ (xvii) furnish particulars of amount deposited being prerequisite for releasing (a) winnings in terms of proviso to section 194B; 31 [ (aa) winnings in terms of sub-section (2) of section 194BA; ] (b) benefit or perquisite in terms of first proviso to sub-section (1) of section 194R; and (c) consideration in terms of proviso to sub-section (1) of section 194S along with the challan details such as BSR code of the bank, date of payment and challan serial number. ] 11 [ (4A) Notwithstanding anything contained in sub-rule (1) or sub-rule (2) or sub-rule (3) or sub rule (4), every person responsible for deduction of tax under section 194-IA shall furnish to the Director General of Income-tax (System) or the person authorised by the Director General of Income-tax (System) a challan-cum-statement in Form No.26QB electronically in accordance with the procedures, formats and standards specified under sub-rule (5) within 13 [ thirty days ] from the end of the month in which the deduction is made. ] 15 [(4B) Notwithstanding anything contained in sub-rule (1) or sub-rule (2) or sub-rule (3) or sub-rule (4), every person responsible for deduction of tax under section 194-IB shall furnish to the Principal Director General of Income-tax (Systems) or Director General of Income-tax (System) or the person authorised by the Principal Director General of Income-tax (Systems) or the Director General of Income-tax (Systems) a challan-cum-statement in Form No.26QC electronically in accordance with the procedures, formats and standards specified under sub-rule (5) within thirty days from the end of the month in which the deduction is made.] 17 [ (4C) Notwithstanding anything contained in sub-rule (1) or sub-rule (2) or sub-rule (3) or sub-rule (4), every person responsible for deduction of tax under section 194M shall furnish to the Principal Director General of Income-tax (Systems) or Director General of Income-tax (System) or the person authorised by the Principal Director General of Income-tax (Systems) or the Director General of Income-tax (Systems) a challan-cum-statement in Form No.26QD electronically in accordance with the procedures, formats and standards specified under sub-rule (5) within thirty days from the end of the month in which the deduction is made. ] 27 [ (4D) Notwithstanding anything contained in sub-rule (1) or sub-rule (2) or sub-rule (3) of sub-rule (4), every specified person referred to in section 194S and responsible for deduction of tax under that section shall furnish to the Principal Director General of Income-tax (Systems) or Director General of Income-tax (Systems) or the person authorised by the Principal Director General of Income-tax (Systems) or the Director General of Income-tax (Systems), a challan-cum-statement in Form No. 26QE electronically in accordance with the procedures, formats and standards specified under sub-rule (5) within thirty days from the end of the month in which the deduction is made. ] 29 [ (4E) The Exchange referred to in sub-rule (1) shall, at the time of preparing the quarterly statement in Form No. 26QF, furnish particulars of amount paid or credited on which tax was not deducted in accordance with guidelines issued under sub-section (6) of section 194S. ] 10 [(5) The Director General of Income-tax (Systems) shall specify the procedures, formats and standards for the purposes of furnishing and verification of the statements or claim for refund in Form 26B and shall be responsible for the day-to-day administration in relation to furnishing and verification of the statements or claim for refund in Form 26B in the manner so specified.] (6) Where a statement of tax deducted at source is to be furnished for tax deducted before the 1st day of April, 2010, the provisions of this rule and rule 37A shall apply as they stood immediately before their substitution or omission by the Income-tax (6th Amendment) Rules, 2010 .] ************** Notes. 1. Substituted vide notification no. 41/2010 dated 31-5-2010 [Income-tax (6th Amendment) Rules, 2010 .] w.e.f. 1-4-2010, before substitution it was read as, Quarterly statement of deduction of tax under sub-section (3) of section 200 . 31A.(1) Every person, being a person responsible for deducting tax under Chapter XVII-B shall, in accordance with the provisions of sub-section (3) of section 200 , deliver or cause to be delivered to the Director-General of Income-tax (Systems) or the person authorized by the Director General of Income-tax (Systems), quarterly statement- (i) in Form No. 24Q in respect of deduction of tax at source under sub-sections (1) and (1A) of section 192 ; and (ii) in Form No. 26Q in respect of other cases of deduction of tax at source, on or before the 15th July, the 15th October, the 15th January in respect of the first three quarters of the financial year and on or before the 15th June following the last quarter of the financial year : Provided that where,- (a) the deductor is an office of Government; or (b) the deductor is a company; or (c) the deductor is a person required to get his accounts audited under section 44AB in the immediately preceding financial year; or (d) the number of deductees' records in a quarterly statement for any quarter of the immediately preceding financial year is equal to or more than fifty, the person responsible for deducting tax at source, and the principal officer in the case of a company shall deliver or cause to be delivered such quarterly statements on computer media (3.5 1.44 MB floppy diskette or CD-ROM of 650 MB capacity): Provided further that a person other than a person referred to in the first proviso, responsible for deducting tax at source, may at his option, deliver or cause to be delivered the quarterly statements on computer media (3.5 1.44 MB floppy diskette or CD-ROM of 650 MB capacity): Provided also that a person responsible for deducting tax at source from the payments referred to in rule 37A shall furnish quarterly statements in accordance with the provisions of rule 37A and rule 37B . (2) The person responsible for deducting tax at source and preparing quarterly statements shall,- (i) quote his tax deduction and collection account number (TAN) and permanent account number (PAN) in the quarterly statement: Provided that the permanent account number shall not be required to be quoted where tax has been deducted by or on behalf of the Government; (ii) quote the permanent account number of all persons in respect of whose income, tax has been deducted: Provided that the permanent account number shall not be quoted in respect of the persons to whom the second proviso to sub-section (5B) of section 139A of the Act applies; (iii) furnish particulars of the tax paid to the Central Government. (3) The person responsible for deducting tax at source and preparing quarterly statements on computer media shall, in addition to the provisions in sub-rule (2),- (i) prepare the quarterly statement as per the data structure provided by the e-filing Administrator designated by the Board for the purposes of administration of Electronic Filing of Returns of Tax Deducted at Source Scheme, 2003 supported by a declaration in Form No. 27A in paper format: Provided that in case any compression software has been used for preparing the quarterly statement on computer media, such compression software shall be furnished on the same computer media; (ii) affix a label indicating name, permanent account number, tax deduction and collection account number and address of the person responsible for deduction of tax at source, the period to which the statement pertains and the volume number of the said computer media in case more than one volume of such media is used] ************ Earlier it was Substituted vide notification no. 9/2010 dated 18-2-2010 [Income-tax (First Amendment) Rules, 2010] w.e.f. 1-4-20009, before substitution it was read as, [ Quarterly statement of deduction of tax or collection of tax 31A.(1) Every person who has been allotted a tax deduction and collection account number under section 203A shall deliver, or cause to be delivered the following quarterly statements; namely:- (a) the TDS Compliance Statement in Form No.24C; (b) the Quarterly Statement of deduction of tax under section 192 in Form No.24Q; (c) the Quarterly Statement of deduction of tax under sections 193 to 196D in- (i) Form No.27Q in respect of the deductee other than a company, being a non-resident or resident but not ordinarily resident, or the deductee being a foreign company; and (ii) Form No.26Q in respect of all other deductees; and (d) the Quarterly Statement for collection of tax under section 206C in Form No.27EQ. (2) Every person, who is required to deliver, or cause to be delivered, under sub-rule (1), the statements referred to therein, shall deliver, or cause to be delivered, such statements electronically to the Director General of Income Tax (Systems) or the person authorised by the Director General of Income Tax (Systems). (3) The statement in Form No.24C referred to in sub-rule (1), shall be delivered, or caused to be delivered, on or before the 15th July, the 15th October, the 15th January in respect of the first three quarters of the financial year, respectively, and on or before the 15th June following the last quarter of the financial year. (4) The statements in Form No.24Q, Form No.26Q, Form No.27Q and Form No.27EQ referred to in sub-rule (1), shall be delivered, or caused to be delivered, on or before the 15th June following the financial year.] ------------------ Earlier it was substituted vide notification no. 31/2009 dated 25-3-2009 (Income-tax (8th Amendment) Rules, 2009) , prior to substitution it was read as under [Quarterly statement of deduction of tax under sub-section (3) of section 200. 31A . (1) Every person, being a person responsible for deducting tax under Chapter XVII-B shall, in accordance with the provisions of sub-section (3) of section 200, deliver or cause to be delivered to the Director-General of Income-tax (Systems) or the person authorised by the Director General of Income-tax (Systems), quarterly statement- (i) in Form No. 24Q in respect of deduction of tax at source under sub-sections (1) and (1A) of section 192; and (ii) in Form No. 26Q in respect of other cases of deduction of tax at source, on or before the 15th July, the 15th October, the 15th January in respect of the first three quarters of the financial year and on or before the 15th June following the last quarter of the financial year : Provided that where,- (a) the deductor is an office of Government: or (b) the deductor is a company; or (c) the deductor is a person required to get his accounts audited under section 44AB in the immediately preceding financial year; or (d) the number of deductees records in a quarterly statement for any quarter of the immediately preceding financial year is equal to or more than fifty, the person responsible for deducting tax at source, and the principal officer in the case of a company shall deliver or cause to be delivered such quarterly statements on computer media (3.5 1.44 MB floppy diskette or CD-ROM of 650 MB capacity):; Provided further that a person other than a person referred to in the first proviso, responsible for deducting tax at source, may at his option, deliver or cause to be delivered the quarterly statements on computer media (3.5 1.44 MB floppy diskette or CD-ROM of 650 MB capacity): Provided also that a person responsible for deducting tax at source from the payments referred to in rule 37A shall furnish quarterly statements in accordance with the provisions of rule 37A and rule 37B. (2) The person responsible for deducting tax at source and preparing quarterly statements shall,- (i) quote his tax deduction and collection account number (TAN) and permanent account number (PAN) in the quarterly statement: Provided that the permanent account number shall not be required to be quoted where tax has been deducted by or on behalf of the Government; (ii) quote the permanent account number of all persons in respect of whose income, tax has been deducted: Provided that the permanent account number shall not be quoted in respect of the persons to whom the second proviso to sub-section (5B) of section 139A of the Act applies; (iii) furnish particulars of the tax paid to the Central Government. (3) The person responsible for deducting tax at source and preparing quarterly statements on computer media shall, in addition to the provisions in sub-rule (2),- (i) prepare the quarterly statement as per the data structure provided by the e-filing Administrator designated by the Board for the purposes of administration of Electronic Filing of Returns of Tax Deducted at Source Scheme, 2003 supported by a declaration in Form No. 27A in paper format: Provided that in case any compression software has been used for preparing the quarterly statement on computer media, such compression software shall be furnished on the same computer media; (ii) affix a label indicating name, permanent account number, tax deduction and collection account number and address of the person responsible for deduction of tax at source, the period to which the statement pertains and the volume number of the said computer media in case more than one volume of such media is used.] 2. Inserted vide notification no. 16/2011 dated 29-3-2011 3. Substituted vide notification no. 57/2011 dated 24-10-2011 , before it was read as, (2) Statements referred to in sub-rule (1) for the quarter of the financial year ending with the date specified in column (2) of the Table below shall be furnished by the due date specified in the corresponding entry in column (3) of the said Table:- Table Sl. No. Date of ending of the quarter of the financial year Due date (1) (2) (3) 1. 30th June 15th July of the financial year 2. 30th September 15th October of the financial year 3. 31st December 15th January of the financial year 4. 31st March 15th May of the financial year immediately following the financial year in which deduction is made 4. Inserted vide notification no. 57/2011 dated 24-10-2011 5. Substituted vide Notification No. 11/2013, dated 19/02/2013 , before it was read as: (b) furnishing the statement electronically in accordance with the procedures, formats and standards specified under sub-rule (5) alongwith the verification of the statement in Form 27A . 6. Substituted vide Notification No. 11/2013, dated 19/02/2013 , before it was read as item (b) of clause (i) . 7. Substituted vide Notification No. 11/2013, dated 19/02/2013 , before it was read as item (b) of clause (i) . 8. Inserted vide Notification No. 11/2013, dated 19/02/2013 9. Inserted vide Notification No. 11/2013, dated 19/02/2013 10. Substituted vide Notification No. 11/2013, dated 19/02/2013 , before it was read as: (5) The Director General of Income-tax (Systems) shall specify the procedures, formats and standards for the purposes of furnishing of the statements and shall be responsible for the day to day administration in relation to furnishing of the statements in the manner so specified. 11. Inserted vide NOTIFICATION NO. 39/2013 dated 31 st May, 2013 12. Substituted vide Not. 30/2016 - Dated 29-4-2016, w.e.f. 1st day of June, 2016 before it was read as, 3 [(2) Statements referred to in sub-rule (1) for the quarter of the financial year ending with the date specified in column (2) of the Table below shall be furnished by ( i ) the due date specified in the corresponding entry in column (3) of the said Table, if the deductor is an office of Government; and ( ii ) the due date specified in the corresponding entry in column (4) of the said Table, if the deductor is a person other than the person referred to in clause( i ) Table Sl. No. Date of ending of the quarter of the financial year Due date Due date (1) (2) (3) (4) 1. 30th June 31st July of the financial year 15th July of the financial year 2. 30th September 31st October of the financial year 15th October of the financial year 3. 31st December 31st January of the financial year 15th January of the financial year 4. 31st March 15th May of the financial year immediately following the financial year in which deduction is made 15th May of the financial year immediately following the financial year in which deduction is made] 13. Substituted vide Not. 39/2016 - Dated 31-5-2016 , w.e.f 1 st day of June, 2016, before it was read as, seven days 14. Inserted vide Not. 45/2017 - Dated 5-6-2017 15. Inserted vide Not. 48/2017 - Dated 8-6-2017 16. Inserted vide Notification No. G.S.R.858(E) dated 18-11-2019 17. Inserted vide Notification No. G.S.R.858(E) dated 18-11-2019 18. Inserted vide NOTIFICATION NO. 43/2020 dated 03-07-2020 19. Substituted vide NOTIFICATION NO. 43/2020 dated 03-07-2020 w.e.f. 01-07-2020 before it was read as 16 [ (ix) furnish particulars of amount paid or credited on which tax was not deducted in view of the exemption provided in clause (iii) or clause (iv) of the proviso to section 194N or in view of the notification issued under clause (v) of the proviso to section 194N . ] 20. Inserted vide NOTIFICATION NO. 43/2020 dated 03-07-2020 21. Substituted vide NOTIFICATION NO. 71/2021 dated 08-06-2021 before it was read as (x) furnish particulars of amount paid or credited on which tax was not deducted or deducted at lower rate in view of the notification issued under sub-section (5) of section 194A. 22. Inserted vide NOTIFICATION NO. 71/2021 dated 08-06-2021 23. Inserted vide NOTIFICATION NO. 99/2021 dated 02-09-2021 24. Inserted vide NOTIFICATION NO. 99/2021 dated 02-09-2021 25. Inserted vide NOTIFICATION NO. 99/2021 dated 02-09-2021 26. Inserted vide NOTIFICATION NO. 67/2022 dated 21-06-2022 w.e.f. 01-07-2022 27. Inserted vide NOTIFICATION NO. 67/2022 dated 21-06-2022 w.e.f. 01-07-2022 28. Inserted vide NOTIFICATION NO. 73/2022 dated 30-06-2022 w.e.f. 01-07-2022 29. Inserted vide NOTIFICATION NO. 73/2022 dated 30-06-2022 w.e.f. 01-07-2022 30. Substituted vide NOTIFICATION NO. 28/2023 dated 22-05-2023 w.e.f. 01-07-2023 before it was read as, 19 [ (ix) furnish particulars of amount paid or credited on which tax was not deducted or deducted at lower rate in view of the notification issued under second proviso to section 194N or in view of the exemption provided in third proviso to section 194N or in view of the notification issued under fourth proviso to section 194N ] 31. Inserted vide NOTIFICATION NO. 28/2023 dated 22-05-2023 w.e.f. 01-07-2023
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