Rule 37A - Omitted [Old: Returns regarding tax deducted at source in the case of non-residents.] - Income-tax Rules, 1962

1 [ Omitted ] ************* Notes. 1. Omitted vide notification no. 41/2010 dated 31-5-2010 [Income-tax (6th Amendment) Rules, 2010 .] w.e.f. 1-4-2010 , before omission it was read as, Returns regarding tax deducted at source in the case of non-residents. 37A. The person making deduction of tax in accordance with sections 193 , 194 , 194E , 195 , 196A , 196B , 196C and 196D of the Act from any payment made to- (i) a person, not being a company, who is a non-resident or a resident but not ordinarily resident, or (ii) a company which is neither an Indian company nor a company which has made the prescribed arrangements for the declaration and payment of dividends within India ; 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 c [ Old: shall send within fourteen days from the end of the quarter ] a statement in Form No. 27Q to the Director General of Income-tax (Systems) or the person or agency authorized by the Director General of Income-tax (Systems) referred to in rule 36A : c [ Proviso omitted] [Old: Provided that where the income by way of interest on securities referred to in section 193 or the payment to non-resident sportsmen or sports associations referred to in section 194E or the interest or any other sum referred to in section 195 or the income of a foreign company referred to in sub-section (2) of section 196A or the income from units referred to in section 196B or the income from foreign currency bonds or shares of an Indian company referred to in section 196C or the income of Foreign Institutional Investors from securities referred to in section 196D is credited by a person to the account of the payee as on the date up to which the accounts of such person are made, the statement in Form No. 27Q shall be sent within fourteen days after the expiry of two months from the month in which income is so credited." [ c ] [ As corrected vide CORRIGENDUM notification no. 18/2010 dated 23-3-2010 ] Earlier it was Inserted vide notification no. 9/2010 dated 18-2-2010 [Income-tax (First Amendment) Rules, 2010] w.e.f. 1-4-20009, earlier it was omitted vide notification no. 31/2009 dated 25-3-2009 (Income-tax (8th Amendment) Rules, 2009) , prior to omission it was read as under Returns regarding tax deducted at source in the case of non-residents. 37A. The person making deduction of tax in accordance with sections 193, 194, 194E, 195, 196A, 196B, 196C and 196D of the Act from any payment made to (i) a person, not being a company, who is a non-resident or a resident but not ordinarily resident, or (ii) a company which is neither an Indian company nor a company which has made the prescribed arrangements for the declaration and payment of dividends within India ; 2 [ 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 ] a statement in Form No. 27Q to the Director General of Income-tax (Systems) or the person or agency authorised by the Director General of Income-tax (Systems) referred to in rule 36A : 3 [****] 2. Substituted vide notification no. 11/2009 dated 21/1/2009 - Income-tax (Fourth Amendment) Rules, 2009, earlier it was read as, "shall send within fourteen days from the end of the quarter." 3. Proviso omitted vide notification no. 11/2009 dated 21/1/2009 - Income-tax (Fourth Amendment) Rules, 2009, before omission it was read as: "Provided that where the income by way of interest on securities referred to in section 193 or the payment to non-resident sportsmen or sports associations referred to in section 194E or the interest or any other sum referred to in section 195 or the income of a foreign company referred to in sub-section (2) of section 196A or the income from units referred to in section 196B or the income from foreign currency bonds or shares of an Indian company referred to in section 196C or the income of Foreign Institutional Investors from securities referred to in section 196D is credited by a person to the account of the payee as on the date up to which the accounts of such person are made, the statement in Form No. 27Q shall be sent within fourteen days after the expiry of two months from the month in which income is so credited."