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TMI BlogFiling of returns of Tax Deduction at Source and Tax Collection at Source on Computer Media for deductions/collections up to 31st March, 2005X X X X Extracts X X X X X X X X Extracts X X X X ..... 4/2005, Dated 27-6-2005 1. Finance Act, 2003 amended section 206 of the Income-tax Act, 1961 to provide for mandatory filing of returns of tax deduction at source in computer media by principal officers of companies responsible for deducting tax in accordance with a scheme to be notified by the Board in the Official Gazette. The Electronic Filing of Returns of Tax Deducted at Source Scheme ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... furnishing of half yearly returns. 4. The provisions of sub-sections (5B) and (5C) of section 206C which provided for furnishing of returns of tax collected at source on computer media have also been amended to provide for furnishing of such returns in computer media in accordance with a scheme to be notified by the Board by notification in the Official Gazette. The filing of such returns has ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... g tax at source is clearly mentioned in Form No. 27A or Form No. 27B, as the case may be, as also in the TDS/TCS return, as required by sub-section (2) of section 203A of the Income-tax Act. (iii)The particulars relating to deposit of tax at source in bank are correctly and properly filled in the table at item no. 6 of Form No. 24 or item no. 4 of Form No. 26 or item no. 4 of Form No. 27 or item ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... corresponding totals in the return for tax collection at source in Form No. 27E. 6. In case the return on the computer readable media is found to be corrupted or does not fulfil any of the above guidelines, the computer readable media shall be returned to the deductor for appropriate correction and resubmission. 7. The guidelines returns to filing of returns relating to tax deduction at so ..... X X X X Extracts X X X X X X X X Extracts X X X X
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