Receipt number to be quoted in Form 16/16A will be generated by TIN. Receipt number will be generated for the quarterly TDS/TCS statements pertaining to FY 2010-11 and onwards uploaded to TIN. Receipt number generated will be of eight digits (alphabets) and will be applicable only for statements pertaining to FY 2010-11 and onwards. Eight digit receipt number can be obtained by viewing the status of the quarterly TDS/TCS statement at under Quarterly Statement Status feature available at TIN website (www.tin-nsdl.com).
Receipt number provided by TIN is in addition to the provisional receipt number provided on acceptance/upload of quarterly TDS/TCS statement. Provisional receipt number will be referred as Token no for the statements pertaining to FY 2010-11 and onwards.
Is the above amendment applicable for the TDS certificates to be issued for the 1st Quarter for the Financial Year 2010-2011
Required only in case of Government Deductor.
Is there a new form 16/16a which incorporates this receipt number?
As of now many Banks, Insurance Coys.etc., are issuing TDS certificates without the details pertaining to quarterly e-TDS returns. In future it is be seen how are they going to comply with the new requirement of quoting the eight degit (alphapet) receipt no. Unless the law is ammended to levy penalty for issuance of defective TDS Certificates there will not be any improvement in the system.