Form 17 New

This query is : Resolved

bhagwati saran (Querist)
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12 May 2009 Dear Friends
Good Day

My Organisation is Corporate. During the F. Y. 2008-09 TDS on Salary and Other than Salary was deposited through our Banker i.e. not on-line.

Is it mandatory to issue the TDS form in New Form 17 instead of form 16 & 16A for the F. Y. 2008-09 or we can issue in old form 16 & 16A.

Further what is Unique Transation Number mentioned in New form 17 and how can we find the same.

Regards
Saran

CA.Tarun Maheshwari

CA.Tarun Maheshwari (Expert)
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12 May 2009 First of all, pls be clear that Form 17 is not a TDS certificate, it is a challan form for online deposit of TDS. Secondly this form is applicable from FY 2009-10 onwards. All the TDS certificates for FY 2008-09 has to be issued in old forms, i.e Form 16 and 16A (Old). Thirdly, Procedure for getting the UTN is still pending to be circulated. A detailed circular for procedure of new rules of TDS is yet to come. Just wait and watch.