CBDT has issued a circular No.18/2016 on 23.05.2016 relaxing
the condition of furnishing of unique
identification number allotted by the deductor for the
quarterly statement for the quarter ending 31-122015 and 31-03-2016.
As per the amended Rule 29C effective from 1st October,2015 which
provides for online filing of self declaration for non- deduction of TDS under
Section 197A and notification number 76/2015 on 29.09.15 the Tax deductor has
to follow the procedure laid down for filing Self Declaration ( Form 15G or 15H ) and
furnishing of the same with Income Tax Department.
Sub –Rule (3) of Rule 29C provides for allotment of UID ( Unique
Identification number of Declaration) along with the transactions covered under
Form 15G/Form 15H in Quarterly TDS statements after 01.10.2015. Due to
constraints such transactions could not be included during the furnishing of
TDS Statements for the Quarter ended on
31.12.2015 and 31.03.2016, the CBDT has relaxed the same for such quarters.
