CBDT Circular-TDS Return Due Date Extention to 31.03.2014 for FY 2012-13 2013-14

CircularNo. 07/2014

F. No.275/27/2013-IT(B)

Governmentof India

Ministryof Finance

Departmentof Revenue

CentralBoard of Direct Taxes

 

NewDelhi, the 4th March, 2014

All Chief Commissioners ofIncome-tax

All Directors General ofIncome-tax

 

Sub: Ex-post facto extension of due date for filing TDS/TCSstatements for FYs 2012-13 and 2013-14 – regarding

 

TheCentral Board of Direct Taxes (‘the Board’) has received several petitions fromdeductors/collectors, being an office of the Government (‘Government deductors’),regarding delay in filing of TDS/TCS statements due to late furnishing of theBook Identification Number (BIN) by the Principal Accounts Officers (PAO) /District Treasury Office (DTO) / Cheque Drawing and Disbursing Office (CDDO).This has resulted in consequential levy of fees under section 234E of theIncome-Tax Act, 1961( ‘the Act’).

2. The matter has been examined.In case of Government deductors, if TDS/TCS is paid without production ofchallan, TDS/TCS quarterly statement is to be filed after obtaining the BINfrom the PAOs / DTOs / CDDOs who are required to file Form 24G (TDS/TCS Book AdjustmentStatement) and intimate the BIN generated to each of the Government deductorsin respect of whom the sum deducted has been credited. The mandatory quoting ofBIN in the TDS/TCS statements, in the case of Government deductors wasapplicable from 01-04-2010. However, the allotment of Accounts OfficersIdentification Numbers (AIN) to the PAOs/DTOs/CDDOs (a pre-requisite for filingForm 24G and generation of BIN) was completed in F.Y. 2012-13. This hasresulted in delay in filing of TDS/TCS statements by a large number of Governmentdeductors.

 

3. In exercise of the powersconferred under section 119 of the Act, the Board has decided to, ex-postfacto, extend the due date of filing of the TDS/TCS statement prescribed undersubsection (3) of section 200 /proviso to sub-section (3) of section 206C ofthe Act read with rule 31A/31AA of the Income-tax Rules, 1962. The due date ishereby extended to 31.03.2014 for a Government deductor and mapped to a validAIN for –

 

(i) FY 2012-13 - 2nd to 4th Quarter

(ii) FY 2013-14 - 1st to 3rd Quarter

 

4. However, any fee under section234E of the Act already paid by a Government deductor  shall not be refunded.

 

5. Timely filing of TDS/TCSstatements is essential to ensure timely reconciliation of Government accountsand for providing tax credit to the assessees while processing their Income-taxReturns. Therefore, it is clarified that the above extension is a one timeexception in view of the special circumstances referred to above. Since theGovernment deductor and the associated PAO/ DTO/ CDDO belong to the sameadministrative setup that regulates the clearance of expenditure, thedeductors/collectors may be advised to co-ordinate with the respectivePAO/DTO/CDDO to ensure timely receipt of BIN/filing of TDS/TCS statements.

 

6. This circular may be broughtto the notice of all officers for compliance.

 

7. Hindi version shall follow.

 

(SandeepSingh)

UnderSecretary to Government of India

Copy to:

1. The Comptroller and AuditorGeneral of India (40 copies)

2. All Secretaries of Governmentof India

3. Chief Secretaries/Administrators of all the States and Union Territories of India

4. The DGIT (Systems) New Delhifor necessary action

5. The Director General ofIncome-tax, NADT, Nagpur

6. The Director (PR, PP &OL), Mayur Bhawan, New Delhi for printing in the quarterly tax

bulletin and for circulation asper usual mailing list (100 copies)

7. DIT (Systems-II), Commissionerof Income-tax, (CPC) TDS, Vaishali

8. All Commissioners ofIncome-tax (TDS)
9. Gurad File