Central Board of Direct Taxes has issued a notification vide G.S.R 546(E) dated 2nd June 2017, wherein the due date to issue Form 16(TDS Certificate-Salary) to the employees has been extended from 31st May to 15th June. The contents of the said notification is as under:
"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 (10th Amendment) Rules, 2017.
(2) They shall come into force from the date of their publication in the Official Gazette.
2. In the Income-tax Rules, 1962, in rule 31, in sub-rule (3), in the Table, against serial number 1, in column 4, for the figures, letters and words "31st day of May" the following figures, letters and words "15th day of June" shall be substituted."