Clarification regarding preserving of DVAT 43 by the contractors.

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..... cation regarding preserving of DVAT 43 by the contractors Sub rule (2) of rule 59 of DVAT Rules, 2005 stipulates that a person who has deducted tax under sub section (1) of section 36 A of DVAT Act, 2004 shall issue a certificate of deduction of tax in form DVAT-43. Such certificate shall be issued in triplicate. The first copy shall be furnished by the contractee t .....

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..... the DVAT return in form DVAT-16 or DVAT-17. The above three provisions of DVAT Act and Rules read together mean that the contractee will furnish one copy of certificate in form DVAT-43 to the contractor whereas the contractor is required to submit this certificate with his DVAT return and also to preserve it for seven years. In view of this apparent contradiction in the diff .....

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