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Procedure for the purposes of furnishing and verification of Form 26A for removing of default of Short Deduction and/or Non Deduction of Tax at Source- Reg.

Income Tax - 11/2016 - Dated:- 2-12-2016 - F. No. DGIT(S)CPC(TDS)/NOTIFICATION/2016-17 Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income-tax (Systems) New Delhi. Notification No. 11/2016 New Delhi, 02 December, 2016 Subject: - 1. As per first proviso to sub-section (1) of section 201 of Income-tax Act, 1961, any person, including the principal officer of a company, who fails to deduct the whole or any part of the tax in accordance with the provisions of .....

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m as may be prescribed. 2. As per sub-rule (1) of Rule 31ACB of Income-tax Rules, 1962, the certificate from an accountant under the first proviso to sub-section (1) of section 201 shall be furnished in Form 26A to the Principal Director General of Income-tax (Systems) or the person authorised by the Director General of Income-tax (Systems) in accordance with the procedures, formats and standards specified under sub-rule (2), and verified in accordance with the procedures, formats and standards .....

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5: 1 2 3 4 5 Authorised A.O. Form Type Mode of furnishing Form A.M. To be used exclusively for defaults under Section Field Assessing Officer(TDS) 26A Paper Up to & including 2016-17 201(1) and/or 40(a)(ia) CPC-TDS 26A Electronic[2] Up to & including 2016-17 200A CPC-TDS 26A Electronic[2] Including & from 2017-18 200A; 201(1) and/or 40(a)(ia) [1] The AO should ensure that interest on non-deduction of the whole or any part of the tax or failure in payment after deduction as required .....

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enter details of No Deduction transaction at TRACES, if any and submit transaction details at TRACES in the rows provided for this purpose. 3. TRACES Portal Submit Request: On submitting request, a Unique Request Number will be generated for further reference. The Short-Deduction and/or Non-Deduction request so submitted will be processed by TRACES and the successful transaction will be displayed to the Deductor after certain time. A unique DIN [3] will be generated by TDSCPC for unique Short d .....

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of the Short-Deduction and/or Non-Deduction transactions to the accountant identified for certifying Annexure A and obtain the membership no. of such accountant to be used in step no. 5. 5. E-Filing Portal (Login as Deductor) Locate DIN on which Form 26A effect is to be given: Locate and select relevant DIN in menu driven option for which request for Form 26A is to be submitted. Locate No Deduction Transactions on which Form 26A effect is to be given: Locate and select No-Deduction transaction f .....

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uthorization by Deductor, the Accountant so authorized on E-Filing Portal may fill in the relevant details in Annexure A to Form 26A with respect to the Deductee in question and certify by digitally signing Annexure A. The details of unique DINs and Alpha-Numeric Strings will become visible to the authorized accountant(when he logs into his own account as a registered accountant on E-Filing Portal) only when Deductor has authorized such an accountant with respect to any Short-Deduction and/or No .....

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t will be generated accordingIy, which can be viewed b Deductor. 10. NSDL\TRACES portal Make payment for Modified Late Deduction Interest: Deductor needs to pay Late deduction Interest amount, according to the modified computation. [3] DIN is unique identification number of single Deductee row. [4] Accountant shall have meaning assigned to it in the Explanation to sub-section (2) of section 288 of the I.T. Act, 1961. 4.2 Role of Accountant at E-Filing: 1. Accountant has to get himself registered .....

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