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RAMESH KUMAR VERMA (pursuing company secretary course)     03 November 2011

Change in tds rules effective from 01-11-2011

Change in TDS rules effective from 01-11-2011

Income tax department has amend some TDS rules which will be effective from 01-11-2011. Income tax department has issued a notification regarding this issue. In this notification income tax department amend rules which are as follows.

extending the time limit of submission of TDS statements by the Government deductors in view of filing of Form No.24G by them- compulsory uploading of particulars of amount paid without deduction of tax in view of furnishing of declaration under section 197A-  enlarging the scope for grant of TDS credit to person other than the deductee.Full notification is as under.



(Department of Revenue) 



New Delhi, the 24th October, 2011 


S.O. 2429 (E). In exercise of the powers conferred by section 295 of the Incometax Act,1961 (43 

of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the 

Incometax Rules, 1962, namely:

1. (1) These rules may be called the Incometax (Eighth Amendment) Rules, 2011. 


    (2) They shall come into force on the 1st day of November, 2011. 


2. In the Income-tax Rules, 1962, –   

   (A) in rule 31A – 


(a) for sub-rule (2), the following sub-rule shall be substituted, namely:- 

“(2) Statements referred to in sub-rule (1) for the quarter of the financial year ending 

with the date specified in column (2) of the Table below shall be furnished by –  

(i) the due date specified in the corresponding entry in column (3) of the said 

Table, if the deductor is an office of Government; and 

(ii) the due date specified in the corresponding entry in column (4) of the said Table, if the deductor is a person other than the person referred to in clause 




Date of ending of the

due date

due date

quarter of the



financial year




31st July of the financial year

15th July of the financial year





31st October of the financial year

15th October of the financial year





31st January of the financial year

15th January of the financial year





15th May of the financial

15th May of the financial


year immediately following

year immediately following


the financial year in which

the financial year in which


deduction is made

deduction is made






(b) in sub-rule (4), after clause (vi),the following clause shall be inserted, namely:- 

“(vii) furnish particulars of amount paid or credited on which tax was not deducted in 

view of the furnishing of declaration under sub-section (1) or sub-section (1A) or 

sub-section (IC) of section 197A by the payee.” 


(B)  in rule 37BA, in sub-rule (2), for clause (i), the following clause shall be substituted, namely:- 

 “(i)  where under any provisions of the Act, the whole or any part of the income on which 

tax has been deducted at source is assessable in the hands of a person other than the 

deductee, credit for the whole or any part of the tax deducted at source, as the case may 

be, shall be given to the other person and not to the deductee:  


Provided that the deductee files a declaration with the deductor and the deductor reports 

the tax deduction in the name of the other person in the information relating to 

deduction of tax referred to in sub-rule (1).” 

[Notification No.  57 /2011/F. No.142/23/2011-SO(TPL)] 


Director (Tax Policy and Legislation)


 1 Replies

Piyush Vaishnava (Advocate)     10 November 2011

thank you my friend.

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