Financials for India - EBS (MOSC)

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How to get Latest format of India localization TDS/TCS Certificate - 2009 which is incorporated as

edited Jul 2, 2009 4:28PM in Financials for India - EBS (MOSC) 7 commentsAnswered

Government Of India has issued the NOTIFICATION NO. 31/2009[F.NO.142/22/2008-TPL]/S.O.858(E), DATED 25-3-2009 for changes in the TDS / TCS Reporting with effective from April 1,2009.

Major changes as per the notification are
-->Form No17 introduced in place of ITNS 281 for monthly Deposit of TDS / TCS
-->Form 24C introduced for better compliance of TDS / TCS
-->Form 16A/Form 27D/26Q,27Q have been modified
-->Unique Transaction Number has to be given in all the forms expect for 24C and the same is generated at the time of making payment to the government against each supplier’s PAN number along with TDS / TCS amount deposited on account of deductions from the previous month by the Deductor.

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