CBDT amends Income Tax Rule 31A and Forms 26Q, 27Q & 27EQ related to TDS returns

CBDT amends Income Tax Rule 31A and Forms 26Q, 27Q & 27EQ related to TDS returns

CBDT has notified Income-tax 17th Amendment Rules 2021 amending Rule 31A related to statement/return of Tax Deducted at Source (TDS).

Rule 31A provides for the various forms for furnishing of TDS returns, manners, due dates etc.

As per the Notification No. 71/2021 the following information shall be provided 

Particulars of amount paid or credited on which tax was not deducted or deducted at lower rate in view of the notification issued under sub-section (5) of section 194A or in view of exemption provided under clause (x) of sub-section (3) of section 194A  

Particulars of amount paid or credited on which tax was not deducted in view of clause (d) of the second proviso to section 194 or in view of the notification issued under clause (e) of the second proviso to section 194

Particular of amount paid or credited on which tax was not deducted in view of proviso to sub-section (1A) or in view of sub-section (2) of section 196D

Corresponding changes have been made to Form 26Q / 27EQ / 27Q in Annexure of Deductee/Payee wise breakup of TDS/TCS.

Download Notification Click Here >>

• Modified Norms for Nomination in Demat Accounts and Mutual Fund Folio
• CSR implementation through zero coupon zero principal instruments
• Bar Council of India notifies the directions for the election disputes in 2026 State Bar Council election
• IOB Concurrent Audit Empanelment for the Financial Year 2026-27 Last Date: 10.06.2026
• Once CoC decides to reject Resolution Plan and liquidate CD for SRA’s default, no interference can be made