IT (nineteenth Amdt.) Rules, 2005

Income-tax (Nineteenth Amdt.) Rules, 2005 - Amendments in Rules 31A, 31AA, 31AB, 37 and 37A and substitution of rule 36A of Part VI; amendments in rules 37E and 37F of Part VIA; amendments in Form No. 16, Form No. 16A, Form No. 16AA and Form No. 27D; omission of Form No. 27 and insertion of Form No. 27Q of Appendix II of Income-tax Rules, 1962

Notification No. 178/2005 [F. No. 142/4/2005-TPL] Dated 30-6-2005

In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:—

1. (1) These rules may be called the Income-tax (Nineteenth Amendment) Rules, 2005.

(2) They shall come into force on the date of their publication in the Official Gazette.

2. In the Income-tax Rules, 1962,—

(A) in Part VI,—

  (a)   rule 31A shall be numbered as sub-rule (1) thereof and in sub-rule (1) as so numbered,—

   (i)   for the words “the prescribed income-tax authority or to the person authorised by such authority”, the words and brackets “the Director General of Income-tax (Systems) or the person authorised by the Director General of Income-tax (Systems)” shall be substituted;

  (ii)   for the words, figures and letters “on or before the 30th April”, the words, figures and letters “on or before the 15th June” shall be substituted;

  (b)   in rule 31A, after sub-rule (1), the following provisos shall be inserted, namely:—

           Provided that the person responsible for deducting tax at source in the case of every office of Government and the principal officer in the case of every company responsible for deducting tax at source 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.”;

   (c)   in rule 31A, after the provisos to sub-rule (1) as so inserted, the following shall be inserted, namely:—

           “(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.”;

  (d)   rule 31AA shall be numbered as sub-rule (1) thereof and in sub-rule (1) as so numbered, for the words “the prescribed income-tax authority or the person authorised by such authority”, the words and brackets “the Director General of Income-tax (Systems) or the person authorised by the Director General of Income-tax (Systems)” shall be substituted;

   (e)   in rule 31AA, after sub-rule (1), the following provisos shall be inserted, namely:—

           Provided that the person responsible for collecting tax at source on behalf of Government and the principal officer in the case of every company responsible for collecting tax at source 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 collecting 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).”;

   (f)   in rule 31AA, after the provisos to sub-rule (1) as so inserted, the following shall be inserted, namely:—

           “(2) The person responsible for collecting 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 collected by or on behalf of the Government;

  (ii)   quote the permanent account number of all persons in respect of whose income, tax has been collected;

(iii)   furnish particulars of the tax paid to the Central Government;

           (3) The person responsible for collecting 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 Collected at Source Scheme, 2005 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 collection 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.”

  (g)   in rule 31AB,—

   (i)   for the words, figures, letters and brackets “The prescribed income-tax authority or the person authorised by such authority referred to in section 203AA or the second proviso to sub-section (5) of section 206C”, the words and brackets “The Director General of Income-tax (Systems) or the person authorised by the Director General of Income-tax (Systems)” shall be substituted;

  (ii)   for the words, figures and letters “a statement in Form No. 26AS by the 15th June”, the words, figures, letters and brackets “a statement referred to in section 203AA or the second proviso to sub-section (5) of section 206C, in Form No. 26AS by the 31st July” shall be substituted;

  (h)   for rule 36A, the following rule shall be substituted, namely:—

           “36A. The returns referred to in rules 37 and 37A shall be furnished to the Director General of Income-tax (Systems) or the person or agency authorised by the Director General of Income-tax (Systems).”;

    (i)   in rule 37, for the words “Assessing Officer”, the words and brackets “Director General of Income-tax (Systems) or the person or agency authorised by the Director General of Income-tax (Systems)” shall be substituted;

    (j)   in rule 37A,

  (1)   for the words and figures “Form No. 27”, wherever they occur, the words, figures and letter “Form No. 27Q” shall be substituted;

  (2)   for the words “Assessing Officer” the words and brackets “Director General of Income-tax (Systems) or the person or agency authorised by the Director General of Income-tax (Systems)” shall be substituted;

(B) in Part VIA,

  (a)   in rule 37E, for the words “Income-tax Authority”, the words and brackets “Director General of Income-tax (Systems)” or the person or agency authorised by the “Director General of Income-tax (Systems)” shall be substituted;

  (b)   for rule 37F, the following rule shall be substituted, namely:—

           “37F. The return referred to in rule 37E shall be furnished to the Director General of Income-tax (Systems) or the person or agency authorised by the Director General of Income-tax (Systems).”

(C) in Appendix II,

  (a)   in Form No. 16,—

   (i)   after item 15, the following item shall be inserted, namely:—

           “15A. Education Cess

Rs..........”;

  (ii)   for item 17, the following item shall be substituted, namely:—

           “17. Tax payable (15+15A-16)

Rs.........”;

(iii)   for the table under the heading “Details of Tax Deducted And Deposited Into Central Government Account”, the following table shall be substituted, namely:—

“S. No.

TDS
Rs.

Surcharge
Rs.

Education Cess
Rs.

Total tax deposited
Rs.

Cheque /DD No.(if any)

BSR Code of Bank
branch

Date on which tax deposited (dd/mm/yy)

Transfer voucher/ Challan Identification No.”

1.

 

 

 

 

 

 

 

 

2.

 

 

 

 

 

 

 

 

3.

 

 

 

 

 

 

 

 

4.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  (b)   In Form No. 16A, for the table under the heading “Details of Payment, Tax Deduction And Deposit Of Tax Into Central Government Account”, the following table shall be substituted namely:—

S. No.

Amount paid/ credited

Date of payment/ credit

TDS
Rs.

Surcharge
Rs.

Education Cess
Rs.

Total tax deposited
Rs.

Cheque /DD No. (if any

BSR Code of Bank Branch

Date on which tax deposited (dd/mm/yy)

Transfer  voucher Challan Identifi-cation No.”

1.

 

 

 

 

 

 

 

 

 

 

 

2.

 

 

 

 

 

 

 

 

 

 

 

3.

 

 

 

 

 

 

 

 

 

 

 

4.