Rule-31AB (of Income Tax Rules, 1962), Annual statement of tax deducted or collected or paid
Rule-31AB (of Income Tax Rules, 1962), Annual statement of tax deducted or collected or paid
Annual statement of tax deducted or collected or paid.
[The Director General of Income-tax (Systems) or the person authorised by the Director General of Income-tax (Systems)] shall deliver,—
(i) to every person from whose income the tax has been deducted; or
(ii) to the buyer referred to in sub-section (1) or, as the case may be, to the licencee or lessee referred to in sub-section (1C) of section 206C (of Income Tax Act, 1961) from whom the amount has been collected; or
(iii) to every person in respect of whose income the tax has been paid,
[a statement referred to in section 203AA (of Income Tax Act, 1961) or the second proviso to sub-section (5) of section 206C (of Income Tax Act, 1961), in Form No. 26AS by the 31st July] following the financial year during which taxes were deducted or collected or paid.]
