Income Tax - TDS - How to mention acknowledgement number - CBDT clarifies
In the new forms 16 & 16A the deductor is required to quote acknowledgement numbers in respect of all quarterly statements of TDS as provided by TIN facilitation centre or NSDA website.
It has been pointed out to the Board that this is an impossible situation as far as the returns for the last quarter are concerned because the TDS certificates in Form 16 & 16A are issued by 30th April whereas the quarterly statement for the last quarter can be submitted before 15th of June.
Board has now clarified that in cases where the last Quarterly Statement has not been furnished as on the date of issuance of Form No.16 or Form No.16A and Acknowledgement No. is, therefore, not available, the deductor may mention - 'Not Available as the last Quarterly Statement is yet to be furnished'.
However if the quarterly statement has been furnished, the acknowledgement number should be mentioned in the Form 16 and 16A.
F.No. , Dated April 25, 2007