CBDT revises procedures laid down for sharing info. with tax deductors/collectors

Notification no. 1 of 2022, dated 09-06-2022

The Central Board of Direct Taxes (CBDT) vide Circular no. 10/2022, dated 17-05-2022, had amended the logic of the functionality ‘Compliance Check for Sections 206AB & 206CCA’ incorporating the changes introduced by the Finance Act, 2022 in the provisions of such sections.

Now the board has revised the procedures laid down for sharing information with tax deductors/collectors for Sections 206AB & 206CCA. The Board has earlier laid down the procedure vide Notification No. 01 of 2021 dated 22nd June 2021. The procedures have been laid down with respect to:

a) Registration of deductors/collectors on the e-filing portal;
b) Accessing the Compliance Check functionality;
c) Using compliance check through ‘PAN’ search mode; and
d) Using compliance check through through ‘Bulk Search’ mode.

Click Here To Read The Full Notification