TMI BlogCentralised Processing of Statements of Tax Deducted at Source Scheme, 2013.X X X X Extracts X X X X X X X X Extracts X X X X ..... e, namely:- Short title and commencement 1. (1) This scheme may be called the Centralised Processing of Statements of Tax Deducted at Source Scheme, 2013. (2) It shall come into force on the date of its publication in the Official Gazette. Definitions 2. (1) In this scheme, unless the context otherwise requires,- (a) "Act" means the Income -tax Act, 1961 (43 of 1961); (b) "Assessing Officer" means the Assessing Officer who is ordered or directed under section 120 of the Act to exercise or perform all or any of the powers and functions conferred on, or assigned to, an Assessing Officer under Chapter XVII of the Act; (c) "authorised agency" me ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t defined and defined in the Act shall have the meaning respectively assigned to them in the Act. Centralised Processing Cell 3. The Board may set up as many Centralised Processing Cells as it may deem necessary and specify their respective jurisdictions. Furnishing of correction statement of tax deducted at source 4. (1) A deductor shall furnish the correction statement of tax deducted at source in the form specified by the Director General- (a) at the authorised agency through electronic mode; or (b) online through the portal. (2) The correction statement referred to in sub-paragraph (1) shall be furnished under digital signature or verified through a process ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ied by the Director General. (4) Where an amendment has the effect of reducing a refund already made or increasing the liability of the deductor, the order under section 154 of the Act passed by an Income-tax authority of the Cell shall be deemed to be a notice of demand under section 156 of the Act. Adjustment against outstanding tax demand 7. Where a refund arises from the processing of a statement under this scheme, the provisions of section 245 of the Act shall, so far as may be, apply. Appeal 8. (1) Where a statement of tax deducted at source is processed at the Cell, the appeal proceedings relating to the processing of the statement shall lie with the Commissioner of Income-tax (Ap ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... b) by placing such copy in the registered electronic account of the deductor on the portal of the Cell; or (c) by any mode mentioned in sub-section (1) of section 282 of the Act. (2) The date of posting of any communication under sub-paragraph (1) in the electronic mail or electronic account of the deductor in the portal of the Cell shall be deemed to be the date of service of such communication. (3) The intimation, orders and notices shall be computer generated and need not carry physical signature of the person issuing it. Power to specify procedure and processes 11. The Director General may specify procedures and processes, from time to time, for effective functioning of the Cel ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
