I Have a big doubt in my mind regarding the New TDS Forms 16 & 16a is Applicable or Not for the Assessment Year 2010-11 or Can I Issue Old Format if Issued is There Any Problem. And What is That NSDL No Issued By Inome Tax dept Is Acknowledgement Number or Else Please Tell me Very Very Urgent
28 May 2010
There was a recent notification stating the changes in TDS. Notification Number 9/2010 dated 18-02-2010 bearing S.O. 424(E). This notification has no major change, but a statutory update to reverse the changes made in earlier notification (which said about Form 24C / UTN / etc.) issued last year. So, this notification makes it legally valid to use earlier Form 16 / 16A formats. So Form 16 / 16A should be issued in the existing format only.
Acknowledgement number is no. issued by NSDL at the time of filing of quarterly returns.
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