Para 4 - Procedure to be followed by the agency - Scheme for Furnishing of Paper Returns of Tax Collected at Source, 2005

Procedure to be followed by the agency 4. (1) The agency shall receive the TCS Return from the collector and check the same for the details of permanent account number and tax deduction and collection account number of the collector, details of deposit of tax collected at source in bank and the permanent account number of the persons from whom tax has been collected. (2) In case all the details referred to in paragraph (1) above are filled in, a receipt shall be issued to the collector. (3) After receiving the TCS Return, the agency shall digitise the same. (4) After digitisation, the TCS Returns will be sent to the concerned Assessing Officer who shall maintain the TCS Returns as record. (5) Where the details of the permanent account number of the persons from who tax has been collected are not given in the TCS Return, the agency shall give a deficiency memo to the collector with a request to remove the deficiencies within seven days of receipt of the same. (6) In case there is no deficiency in the TCS Return, the digitised data shall be transmitted to the e-filing administrator. (7) Where the deficiencies indicated in the deficiency memo are not removed by the collector within seven days, the agency shall flag the same in the digitised data and transmit to the e-filing administrator.