Withdrawal of challan forms with three counterfoils for payment of advance tax and self-assessment tax--Regarding - Income Tax - 709

Withdrawal of challan forms with three counterfoils for payment of advance tax and self-assessment tax--Regarding. Circular No. 709 Dated 19/7/1995 Board's Circular No. 697 [F. No. 385/76/90-IT(B)] dated 16th December, 1994 (see [1995] 211 ITR (St.) 99), states that where the challan forms with three counterfoils are used, the taxpayer may enclose with his return of income a photocopy of foil No. 3 in compliance with the provisions of section 139(9) of the Income-tax Act, 1961. 2. Having regard to the difficulties faced by the taxpayers, it has been decided to withdraw challan forms with three counterfoils. Henceforth, challan forms will have four counterfoils. However, where the challans with the three counterfoils have been used, Circular No. 697 will continue to be in force. (Sd.) Anjani Kumar, Director (Budget).