Payment of tax deducted, certificate to deductee, etc.
198. (1) Every deductor shall pay the sum deducted to the credit of the Central Government within the time, and in the manner, prescribed.
(2) Every deductor shall furnish, within the prescribed time, to the deductee a certificate to the effect that tax has been deducted and specifying the particulars as may be prescribed.
(3) Every deductor shall deliver, or cause to be delivered, a return of tax deduction in accordance with sub-section (4).
(4) The Board shall prescribe the following in respect of the return of tax deduction:-
(a) the period in respect of which the return is to be furnished;
(b) the form of the return and the particulars therein;
(c) the manner of verification of the return;
(d) the time by, and the medium in, which the return is to be delivered;
(e) the income-tax authority, or any other person, authorised to receive the return; and
(f) any other matters connected therewith.
