CBDT has vide notification No. Notification No. 3/2013, dated 15-1-2013 introduced ‘Centralised Processing of Statements of Tax Deducted at Source Scheme, 2013’ for centralised processing of statements of tax deducted at source. Vide clause 4 of the notification CBDT has specified that correction statement of tax deducted at source shall be furnished under digital signature or verified through a process in accordance with the procedure, formats, and standards specified by the Director General.
Relevant Potion of the above Circular is as follows :-
“Furnishing of correction statement of tax deducted at source
4. (1) A deductor shall furnish the correction statement of tax deducted at source in the form specified by the Director General-
(a) at the authorised agency through electronic mode; or
(b) online through the portal.
(2) The correction statement referred to in sub-paragraph (1) shall be furnished under digital signature or verified through a process in accordance with the procedure, formats, and standards specified by the Director General.”
Please do not misguide the readers. The Scheme does not make use of DSC mandatory. Mark the words “or verified through a process in accordance with the procedure, formats, and standards specified by the Director General.” Till the time the process is not defined, we can not say that DSCs are mandatory.