F. No. Pro DGIT(S)/CPC(TDS)/Notification/2018-19
Notification No. 06/2018
Government of India
Ministry of Finance
Central Board of Direct Taxes
-Directorate of Income-tax (Systems)
New Delhi
th
Notification No. 06/2018 New Delhi, 06 December, 2018
Subject: - TDS deduction under section 194A of the Income-tax Act, 1961 in case of Senior
Citizens - reg.-
It has been brought to the notice of CBOT that incase of Senior Citizens, some
TDS deductors/Banks are making TDS deductions even when the amount of
income does not exceed fifty thousand rupees. The same is not in accordance
with the law as the Income-tax Act provides that no tax deduction at source
under section 194A shall be made in the case of Senior Citizens where the
amount of such income or, the aggregate of the amounts of such income
credited or paid during the financial year does not exceed fifty thousand rupees.
(Please refer to the third proviso to sub-section 3 of section 194A)
2. Under sub-rule (5) of Rule 31A of the Income-tax Rules, 1962, the Director
Generalof Income-tax (Systems) is authorized to specify the procedures, formats
and standards for the purposes of furnishing and verification of the statements
or claim for refund in Form 26B and shall be responsible for the day-to-day
administration in relation to furnishing and verification of the statements or
claim for refund in Form 26B in the manner so specified.
F. No. Pro DGIT(S)/CPC(TDS)/Notification/2018-19
Notification No. 06/2018
3. In exercise of the powers delegated by the Central Board of Direct Taxes (Board)
under sub-rule (5) of Rule 31A of the Income-tax Rules, 1962, the Principal
Director General of Income-tax (Systems) hereby clarifies that no tax deduction
at source under section 194A shall be made in the case of Senior Citizens where
the amount of such income or, the aggregate of the amounts of such income
credited or paid during the financial year does not exceed fifty thousand rupees.
( wangi Marthak)
Asstt. Commissioner of Income-tax (CPC-TDS),
0/0 the Pro Direc.tor General of Income-t~x (Systems),
New Delhi
Copy for kind information to:-
1. PPS to the Chairman and all Members, CBDT, North Block, New Delhi.
2. All Pro Chief Commissioners/Pro Director Generals of Income-tax/Chief Commissioners of
Income-tax/Pr. Commissioners of Income-tax/Commissioners of Income-
tax/Commissioners of income-tax (TDS) with a request to circulate amongst all officers
in their regions/charges.
3. JS (TPl)-1 & II / Media Coordinator and Official spokesperson of CBDT.
4. ADG(IT) / ADG(Audit) / ADG(Vig.) / ADG(Systems) 1, 2, 3,4, 5/ ADG(TPS) - 1, 2 / CiT{CPC~
ITR) / CIT (CPC-TDS).'
5. ADG (PR, PP & Ol).
6. Chief General Manager-in-Charge, Department of Government and Bank Accounts,
Reserve Bank of India, Opp. Mumbai Central Railway Station, Mumbai 400 008 with
request for wide circulation among Banks and necessary complaince.
7. TPl, ITA and IT(B) divisions of CBDT.
8. The Institution of Chartered Accountants of india, I.P. Estate, New Delhi.
9. The Web-Manager, 'incometaxindia.gov.in' for hosting on the website.
10. Database cell for uploading on www.irsofficersonline.gov.in and in DGIT(Systems)
corner.
11. ITBA publisher for uploading in ITBA portal.
12. ITO (CPC-TDS)-11 for uploading on TRACES portal.
Asstt. Commissioner of Income-tax (CPC-TDS),
0/0 the Pro Director General of Income-tax (Systems),
New Delhi
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