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Thursday, March 11, 2010

Form 17 & Amendment to Rules 30, 31, 31A and 31AA From 1/07/2009

May 12, 2009 by taxworry · Leave a Comment 

The CBDT has decided to defer the implementation of Notification No.31/2009 dated 25.3.2009 amending or substituting Rules 30, 31, 31A and 31AA of the Income Tax Rules, 1962. You can read the amendment by clicking New TDS Payment Challan Introduced and Now Deposit TDS/TCS By Online Method Mandatory For All!

CBDT has now postponed the implementation of change in the Rules. Read the press release below
No.402/92/2006-MC (11 of 2009)
Government of India / Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
***
New Delhi dated the 11th May 2009
PRESS RELEASE
The Central Board of Direct Taxes have decided to defer the implementation of
Notification No.31/2009 dated 25.3.2009 amending or substituting Rules 30, 31, 31A and 31AA of the Income Tax Rules, 1962. The amended / substituted Rules will now come into effect on 1st July 2009 instead of 1st April 2009.Tax deductors / collectors may continue to deposit TDS / TCS tax and file TDS / TCS returns as per the pre-amended provisions in the interim period.
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