Duty of person deducting tax.
200. 84[(1)] 85Any person deducting
any sum in accordance with 86[the
foregoing provisions of this Chapter] shall pay within the prescribed time, the
sum so deducted to the credit of the Central Government or as the Board
directs.
87[(2) Any
person being an employer, referred to in sub-section (1A) of section 192 shall pay, within the prescribed time,
the tax to the credit of the Central Government or as the Board directs.]
88[(3) Any
person deducting any sum on or after the 1st day of April, 2005 in accordance
with the foregoing provisions of this Chapter or, as the case may be, any
person being an employer referred to in sub-section (1A) of section 192 shall, after paying the tax deducted to
the credit of the Central Government within the prescribed time, 89[prepare such
statements for such period as may be prescribed] and deliver or cause to be
delivered to the prescribed income-tax authority90 or the person
authorised by such authority such statement in such form91 and verified in such
manner and setting forth such particulars and within such time as may be prescribed.]