TMI BlogTime and mode of payment to Government account of tax collected at source under section 206C.X X X X Extracts X X X X X X X X Extracts X X X X ..... ed in accordance with the provisions of 5 [ **** ] section 206C by collectors other than an office of the Government shall be paid to the credit of the Central Government within one week from the last day of the month in which the collection is made. (3) In the case of an office of the Government, where tax has been paid to the credit of the Central Government without the production of a challan, the Pay and Accounts Officer or the Treasury Officer or the Cheque Drawing and Disbursing Officer or any other person by whatever name called to whom the collector reports the tax so collected and who is responsible for crediting such sum to the credit of the Central Government, 2 [ shall submit a statement in Form No. 24G to the agency au ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ia or of any authorised bank. (ii) Where tax is to be deposited in accordance with clause (i), by persons referred to in sub-rule (1) of rule 125 , the amount collected shall be electronically remitted into the Reserve Bank of India or the State Bank of India or any authorised bank accompanied by an electronic income-tax challan. (6) For the purpose of this rule, the amount shall be construed as electronically remitted to the Reserve Bank of India or to the State Bank of India or to any authorised bank, if the amount is remitted by way of- (a) internet banking facility of the Reserve Bank of India or of the State Bank of India or of any authorised bank; or (b) debit card. (7) Where tax is collected before the 1st day of Apri ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... me and mode of payment to Government account of tax collected at source under Chapter XVII-BB 37CA. (1) All sums collected in accordance with the provisions of Chapter XVII-BB shall be paid to the credit of the Central Government within one week from the end of the month in which the collection is made. (2) The person responsible for making collection under Chapter XVII-BB shall, within the time specified in sub-rule (1),- (a) electronically furnish an income-tax challan in Form No.17; and (b) pay the amount so collected to the credit of the Central Government by electronically remitting it into the Reserve Bank of India, State Bank of India or any authorised bank. (3) For the purposes of this rule, the amount shall be const ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , w.e.f. 1st day of June, 2016 before it was read as, shall- (a) submit a statement in Form No. 24G within ten days from the end of the month to the agency authorised by the Director General of Income-tax (Systems) in respect of tax collected by the collectors and reported to him for that month; and (b) intimate the number (hereinafter referred to as the Book Identification Number) generated by the agency to each of the collectors in respect of whom the sum collected has been credited. 3. Inserted vide Not. 30/2016 - Dated 29-4-2016, w.e.f. 1st day of June, 2016 4. Substituted vide Not. 30/2016 - Dated 29-4-2016, w.e.f. 1st day of June, 2016 before it was read as, (4) For the purpose of sub-rule (3), the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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