Thursday 25 March 2010

Corrigenda to TDS Rules – Amendment in IT (First Amendment) Rules, 2010

Notification No. 18/2010, New Delhi, the 23rd March, 2010, INCOME-TAX
S.O._____(E) In the notification of Government of IndiaMinistry of Finance, Department of Revenue (Central Board of Direct taxes), number 9/2010 dated 18-02-2010 bearing S.O. 424(E) and published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii), dated 18th February, 2010 –
(i) at page 31 of the Gazette Notification, in fourth line of clause (i) of sub-rule (3), for “Form No.27B”, read “Form No. 27A”;
(ii) at page 32 of the Gazette Notification, in eighth line of Rule 37A, for “shall send within fourteen days from the end of the quarter”, read “shall send on or before the 15th July, the 15th October, the 15th January in respect of the first three quarters of the financial year and on or before the 15th June following the last quarter of the financial year”; and
(iii) At page 32 of the Gazette Notification, in Rule 37A, the proviso shall be omitted.
2. The other contents of the Gazette Notification shall remain unchanged.
Notification No. 18/2010/F.No.142/27/2009-SO(TPL)
Under Secretary (TPL-III)

No comments:

Post a Comment

New Tax Regime or Old – What should you choose?

The budget 2020 saw the finance minister Nirmala Sitraman announce a new tax regime with more tax slabs and lower tax rates. This was long...