Due date of furnishing Annually Form 16 (Salary Certificate) is extended from 31st day of May of the financial year immediately following the financial year in which the income was paid and tax deducted to 15th day of June.

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
(CENTRAL BOARD OF DIRECT TAXES)

Notification No. 42/2017

New Delhi, dated the, 2nd June 2017

INCOME-TAX

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G.S.R 546(E).—In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes, hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:-

1.    (1) These rules may be called the Income-tax (10th Amendment) Rules, 2017.

(2) They shall come into force from the date of their publication in the Official Gazette.

2.    In the Income-tax Rules, 1962, in rule 31, in sub-rule (3), in the Table, against serial number 1, in column 4, for the figures, letters and words “31st, day of May” the following figures, letters and words “15th day of June” shall be substituted.

[Notification No. 42/2017, F.No.370 142/17/2017-TPL]

(LAKSHMI NARAYANAN)

UNDER SECRETRAY (TAX POLICY AND LEGISLATION)

Note: The principal rules were published in the Gazette of India, Extraordinary, Part 11, Section 3, Sub-section vide notification number S.O. 969 (E.) dated the 26th March, 1962 and last amended vide notification number S.O. 1381 (E). dated the 02.05.2017.

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Category : Income Tax (25168)
Type : Notifications (15282) Notifications/Circulars (30310)
Tags : Form 16 (45) Income Tax Notifications (9579) TDS (901) tds on salary (49)

One response to “Due date to furnish form 16 (Salary Certificate) extended to 15th June”

  1. GANDHI MOHAN BHARATI says:

    Will the Government also extend the last date for filing ITR?
    Invariably there is a delay in Form 26AS showing the credit.
    OR
    if there is a difference and one has to sort it out with the employer and resolve it, sufficient time is not available to Assesses.
    Why not do away with TDS and provide a Form 15J so that individual undertakes to pay the TDS as Advance Tax and any delay beyond 15 days in remitting the same to attract :Late Fees.
    TDS and reconciliation adds the problem only to Assesses.
    Ther is not a single year in which all TDS has been reflected correctly in my case and it is nightmare to fight with deductors particularly with Banks like SBI..

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