"The Director General of Income-tax (Systems) or the person authorised by the Director General of Income-tax (Systems) shall deliver,—
(i) to every person from whose income the tax has been deducted; or
(ii) to the buyer referred to in sub-section (1) or, as the case may be, to the licencee or lessee referred to in sub-section (1C) of section 206C from whom the amount has been collected; or
(iii) to every person in respect of whose income the tax has been paid,
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 following the financial year during which taxes were deducted or collected or paid."
Extra Notes for Readers:
- Rule 31AB was introduced by the Income Tax (10th Amendment) Rules 2005, w.e.f. 30th March 2005
Reference/Source: Check at Income Tax site for latest version of the Rules - link