Rule 31AA - Statement of collection of tax under proviso to sub-section (3) of section 206C. - Income-tax Rules, 1962

1 [Statement of collection of tax under proviso to sub-section (3) of section 206C . 31AA . (1) Every collector, shall, in accordance with the provisions of the proviso to sub-section (3) of section 206C , deliver, or cause to be delivered, to the Director General of Income-tax (Systems) or the person authorised by the Director General of Income-tax (Systems), a quarterly statement in Form No. 27EQ . (2) Statements referred to in sub-rule (1) for the quarter of the financial year ending with the date specified in column (2) of the Table below shall be furnished by the due date specified in the corresponding entry in column (3) of the said Table:- Sl. No. Quarter of the financial year ended Due date (1) (2) (3) 1. 30th June 15th July of the financial year 2. 30th September 15th October of the financial year 3. 31st December 15th January of the financial year 4. 31st March 15th May of the financial year immediately following the financial year in which collection is made (3) (i) The statement referred to in sub-rule (1) may be furnished in any of the following manners, namely:- (a) furnishing the statement in paper form; 2 [(b) furnishing the statement electronically under digital signature in accordance with the procedures, formats and standards specified under sub-rule (5); (c) furnishing the statement electronically along with the verification of the statement in Form 27A or verified through an electronic process in accordance with the procedures, formats and standards specified under sub-rule (5)] (ii) Where,- (a) the collector is an office of the Government; or (b) the collector is the principal officer of a company; or (c) the collector is a person who is required to get his accounts audited under section 44AB in the immediately preceding financial year; (d) the number of collectee's records in a statement for any quarter of the financial year are twenty or more, the collector shall furnish the statement in the manner specified in 3 [item (b) or item (c) of clause (i)]. (iii) Where the collector is a person other than the person referred to in clause (ii), the statement referred to in sub-rule (1) may, at his option, be delivered or cause to be delivered in the manner specified in 4 [item (b) or item (c) of clause (i)]. (4) The collector at the time of preparing statements of tax collected shall,- (i) quote his tax deduction and collection account number (TAN) in the statement; (ii) quote his permanent account number (PAN) in the statement except in the case where the collector is an office of the Government; (iii) quote the permanent account number of all collectees; (iv) furnish particulars of the tax paid to the Central Government including book identification number or challan identification number, as the case may be. 5 [(v) furnish particulars of amount received or debited on which tax was not collected in view of the furnishing of declaration under sub-section (1A) of section 206C by the buyer.] 7 [ (vi) furnish particulars of amount received or debited on which tax was not collected,- (a) by the authorised dealer from the buyer under the first proviso to sub-section (1G) of section 206C; (b) by the authorised dealer under 8 [ fifth proviso ] to sub-section (1G) of section 206C; and (c) by the authorised dealer or seller of an overseas tour program from the buyer under clause (i) or clause (ii) of the 9 [ sixth proviso ] of sub-section (1G) of section 206C or in view of any notification issued under clause (ii) of the 9 [ sixth proviso ] of sub-section (1G) of section 206C (vii) furnish particulars of amount received or debited on which tax was not collected from the buyer,- (a) under second proviso to sub-section (1H) of section 206C; and (b) under sub-clause (A) or sub-clause (B) or sub-clause (C), or in view of any notification issued under sub-clause (C), of clause (a) of the Explanation to sub-section (1H) of 10 [ section 206C; ]] 11 [ (viii) furnish particulars of amount received or debited on which tax was not collected or tax was collected at a lower rate in view of any notification issued under sub-section (12) of section 206C. ] 6 [(5) The Director General of Income-tax (Systems) shall specify the procedures, formats and standards for the purposes of furnishing and verification of the statements and shall be responsible for the day-to-day administration in relation to furnishing and verification of the statements in the manner so specified.] (6) Where a statement of tax collected at source is to be furnished for tax collected before the 1st day of April, 2010, the provisions of this rule shall apply as they stood immediately before their substitution by the Income-tax (6th Amendment) Rules, 2010 . ] *************** NOTES:- 1. Substituted vide notification no. 41/2010 dated 31-5-2010 [Income-tax (6th Amendment) Rules, 2010 .] w.e.f. 1-4-2010, before substitution it was read as, Quarterly statement of collection of tax under sub-section (3) of section 206C . 31AA. (1) Every person, being a person responsible for collecting tax under section 206C shall, in accordance with the proviso to sub-section (3) of section 206C , deliver or cause to be delivered to the Director-General of Income-tax (Systems) or the person authorized by the Director General of Income-tax (Systems), quarterly statement in Form No. 27EQ 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 30th April following the last quarter of the financial year : Provided that where,- (a) the collector is an office of Government; or (b) the collector is a company; or (c) the collector is a person required to get his accounts audited under section 44AB in the immediately preceding financial year; or (d) the number of collectees' records in a quarterly statement for any quarter of the immediately preceding financial year is equal to or more than fifty, the person responsible for collecting tax at source, and the principal officer in the case of a company shall deliver or cause to be delivered such quarterly statements on computer media (3.5 1.44 MB floppy diskette or CD-ROM of 650 MB capacity): Provided further that a person other than a person referred to in the first proviso, responsible for collecting tax at source, may at his option, deliver or cause to be delivered the quarterly statements on computer media (3.5 1.44 MB floppy diskette or CD-ROM of 650 MB capacity). (2) The person responsible for collecting tax at source and preparing quarterly statements shall,- (i) quote his tax deduction and collection account number (TAN) and permanent account number (PAN) in the quarterly statement: Provided that the permanent account number shall not be required to be quoted where tax has been collected by or on behalf of the Government; (ii) quote the permanent account number of all persons in respect of whose income, tax has been collected; (iii) furnish particulars of the tax paid to the Central Government. (3) The person responsible for collecting tax at source and preparing quarterly statements on computer media shall, in addition to the provisions in sub-rule (2),- (i) prepare the quarterly statement as per the data structure provided by the e-filing Administrator designated by the Board for the purposes of administration of Electronic Filing of Returns of Tax Collected at Source Scheme, 2005 supported by a declaration in Form No. 27A in paper format: Provided that in case any compression software has been used for preparing the quarterly statement on computer media, such compression software shall be furnished on the same computer media; (ii) affix a label indicating name, permanent account number, tax deduction and collection account number and address of the person responsible for collection of tax at source, the period to which the statement pertains and the volume number of the said computer media in case more than one volume of such media is used.] Earlier it was Inserted vide notification no. 9/2010 dated 18-2-2010 [Income-tax (First Amendment) Rules, 2010] [ As corrected vide CORRIGENDUM notification no. 18/2010 dated 23-3-2010 w.e.f. 1-4-20009, earlier it was omitted because, Rules 30, 31, 31A and 31AA was Substituted with Rules 30, 31 and 31A vide notification no. 31/2009 dated 25-3-2009 (Income-tax (8th Amendment) Rules, 2009) ] , prior to substitution / omission it was read as under [Quarterly statement of collection of tax under sub-section (3) of section 206C. 31AA. (1) Every person, being a person responsible for collecting tax under section 206C shall, in accordance with the proviso to sub-section (3) of section 206C, deliver or cause to be delivered to the Director-General of Income-tax (Systems) or the person authorised by the Director General of Income-tax (Systems), quarterly statement in Form No. 27EQ 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 30th April following the last quarter of the financial year : Provided that where,- (a) the collector is an office of Government: or (b) the collector is a company; or (c) the collector is a person required to get his accounts audited under section 44AB in the immediately preceding financial year; or (d) the number of collectees records in a quarterly statement for any quarter of the immediately preceding financial year is equal to or more than fifty, the person responsible for deducting tax at source, and the principal officer in the case of a company shall deliver or cause to be delivered such quarterly statements on computer media (3.5 1.44 MB floppy diskette or CD-ROM of 650 MB capacity):; Provided further that a person other than a person referred to in the first proviso, responsible for collecting tax at source, may at his option, deliver or cause to be delivered the quarterly statements on computer media (3.5 1.44 MB floppy diskette or CD-ROM of 650 MB capacity). (2) The person responsible for collecting tax at source and preparing quarterly statements shall,- (i) quote his tax deduction and collection account number (TAN) and permanent account number (PAN) in the quarterly statement: Provided that the permanent account number shall not be required to be quoted where tax has been collected by or on behalf of the Government; (ii) quote the permanent account number of all persons in respect of whose income, tax has been collected; (iii) furnish particulars of the tax paid to the Central Government. (3) The person responsible for collecting tax at source and preparing quarterly statements on computer media shall, in addition to the provisions in sub-rule (2),- (i) prepare the quarterly statement as per the data structure provided by the e-filing Administrator designated by the Board for the purposes of administration of Electronic Filing of Returns of Tax Collected at Source Scheme, 2005 supported by a declaration in Form No. 27B in paper format: Provided that in case any compression software has been used for preparing the quarterly statement on computer media, such compression software shall be furnished on the same computer media; (ii) affix a label indicating name, permanent account number, tax deduction and collection account number and address of the person responsible for collection of tax at source, the period to which the statement pertains and the volume number of the said computer media in case more than one volume of such media is used.] 2 . Substituted vide Notification No. 11/2013, dated 19/2/2013 , before it was read as : (b) furnishing the statement electronically in accordance with the procedures, formats and standards specified under sub-rule (5) alongwith the verification of the statement in Form 27A . 3. Substituted vide Notification No. 11/2013, dated 19/2/2013 , before it was read as: item (b) of clause (i) . 4. Substituted vide Notification No. 11/2013, dated 19/2/2013 , before it was read as: item (b) of clause (i) . 5. Inserted vide Notification No. 11/2013, dated 19/2/2013 . 6. Substituted vide Notification No. 11/2013, dated 19/2/2013 , before it was read as : (5) The Director General of Income-tax (Systems) shall specify the procedures, formats and standards for the purposes of furnishing of the statements and shall be responsible for the day to day administration in relation to furnishing of the statements in the manner so specified. 7. Inserted vide NOTIFICATION NO. 54/2020 dated 24-07-2020 w.e.f. 01-10-2020 8. Substituted vide Notification No. 114/2024 dated 16-10-2024 before it was read as, fourth proviso 9. Substituted vide Notification No. 114/2024 dated 16-10-2024 before it was read as, fifth proviso 10. Substituted vide Notification No. 114/2024 dated 16-10-2024 before it was read as, section 206C. 11. Inserted vide Notification No. 114/2024 dated 16-10-2024