SUBSCRIBE(free)-Daily Updates (Click Verification Link Received in Your Email)

Rule 114A of Income Tax Rules 1962: TAN Application

Rule 114A : Application for allotment of a tax deduction and collection account number
(Part XV : Miscellaneous)

"(1) An application under sub-section (1) of section 203A for the allotment of a tax deduction and collection account number shall be made in duplicate in Form No. 49B:

Provided that in case of an applicant, being a company which has not been registered under the Companies Act, 2013 (18 of 2013), the application for allotment of a tax deduction and collection account number may be made in Form No.INC-7 specified under sub-section (1) of section 7 of the said Act for incorporation of the company.

(2) An application referred to in sub-rule (1) shall be made,—
(i) in cases where the function of allotment of tax deduction and collection account number under section 203A has been assigned by the Chief Commissioner or Commissioner to any particular Assessing Officer, to that Assessing Officer;
(ii) in any other case, to the Assessing Officer having jurisdiction to assess the applicant.
(3) The application referred to in sub-rule (1) shall be made,—
(i) in a case where a person has deducted tax or collected tax in accordance with the provisions of Chapter XVII under the heading 'B.—Deduction at source' or 'BB.—Collection at source', as the case may be, prior to the 1st day of October, 2004, on or before the 31st day of January, 2005;
(ii) in a case where a person has,—
(a) deducted or deducts tax in accordance with the provisions of Chapter XVII under the heading 'B.—Deduction at source'; or
(b) collected or collects tax in accordance with the provisions of Chapter XVII under the heading 'BB.—Collection at source',
on or after the 1st day of October, 2004, within one month from the end of the month in which the tax was deducted or collected, as the case may be, or the 31st day of January, 2005, whichever is later."



Extra Notes for Readers:

- Rule 114A was substituted by the Income Tax (20th Amendment) Rules, 2004, w.e.f. 8-12-2004


Reference/Source: Check at Income Tax site for latest version of the Rules - link

This page was last updated on 17th October 2016.
Submit/See Comments With: or

No comments:

Post a Comment