RECENTLY NSDL/INCOME TAX HAS ISSUED INSTRUCTION REGARDING TO QUOTE BIN( BOOK IDENTIFICATION NUMBER)IN ALL ETDS RETURNS OF GOVT DEDUCTORS WHERE TAX IS REMITTED THROUGH TREASURY.
WE ARE FACING FOLLOWING PROBLEMS IN THIS REGARD:
1. TREASURY ARE FILING DATA OF TDS , DDO WISE NOT TAN WISE I.E , IF MANY OFFICES ARE HAVING DIFFERENT TAN IN THEIR NAME BUT HAVING COMMON DDO , TREASURY IS FILING DATA DDO WISE NOT TAN WISE. IT MEANS ALL DATA OF DIFFRENT TAN HOLDER IS POOLED UNDER COMMON DDO TAN. DATA OF BOOK IDENTIFICATION NUMBER IS NOT SHOWING IN THE TAN HOLDER NAME , IF IT IS SHOWING IT IS WRONG. IF BOOK IDENTIFICATION WILL NOT SHOWN THEN GOVT OFFICES WOULD NOT BE ABLE TO FILE THEIR ETDS RETURNS. AND INCOME TAX PENALTY WOULD BE ATTRACTED TO THESE TYPE OF CASES.
EXAMPLE: ONE INTER COLLEGE HAVING TAN MRTP00120B AND ANOTHER INTER COLLEGES MRTK00240C, AND THIRD INTER COLLEGE TAN IS MRTH00480C HAVE DEDUCTED TDS RS 1000, 2000, 3000 AND REMITTED TO TREASURY OF UTTAR PRADESH. THESE SCHOOLS ARE HAVING COMMON DDO SAY CONTROLER OF COLLEGES HAVING TAN NO. MRTC00960C. TREASURY IS REMITTING TDS RS 6000/-THROUGH DDO TAN(MRTC00960C) NOT BY ABOVE COLLEGES TAN. IT MEANS DDO TAN MRTC00960C IS HAVING TDS AMOUNT IN ITS 24G INFORMATION AND ANOTHER INTER COLLEGES’S 24 G INFORMATION IS SHOWING NIL INFORMATION. TREASURY OFFICE IS FILING DATA OF TDS THROUGH DDO TAN ONLY.
2. GOVT OFFICES WILL NOW FILE THEIR ETDS RETURNS AFTER FILING OF FORM 24-G BY TREASURY OFFICE , IF WRONG DATA OF 24-G HAS BEEN FILED THEN GOVT OFFICES WILL FACE MANY PROBLEMS. IN THIS CASE ALL GOVT OFFICES ARE DEPENDENT TO TREASURY OFFICE. IF WRONG DATA HAS BEEN ENTERED BY TREASURY OFFICE ,THEN GOVT OFFICE WILL REQUEST TO TREASURY OFFICE TO RECTIFY THE DATA AFTER THAT GOVT DATA WILL BE RECTIFIED.
3. IF WRONG TAN IS MENTIONED AS I DISCUSSED IN FIRST PARA THEN GOVT OFFICE WILL NOT BE ABLE TO FILE THEIR RETURN AS BIN WOULD NOT SHOWN IN THEIR TAN DATA AND BOOK IDENTIFICATION NUMBER IS COMPULSORY TO FILE ETDS RETURNS. IF ETDS RETURN OF GOVT OFFICES HAVE NOT BEEN FILED OR FILED WRONG . THE DATA OF VARIOUS GOVT EMPLOYEES WOULD NOT SHOWN IN 26 AS.
4. IN THE MY OPINION ALL OTHER PERSONS ARE ALSO FACING THIS TYPE OF PROBLEMS. AND IF CONSIDER THE DATA OF FILING THE ETDS REPORTS OF GOVT DEPATMENTS YOU WILL JUDGE THAT MANY OF GOVT OFFICES HAVES NOT FILES TDS RETURNS DUE TO THIS REASONS.
MY SUGGESTION IS THAT TDS OF ALL GOVT OFFICES SHOULD BE DEPOSITED THROUGH BANK ONLY OR GUIDE TREASURY OFFICES TO FILE CORRECT DATA TAN WISE NOT DDO WISE AT RIGHT TIME OR OLD SYSTEM OF FILING OF GOVT ETDS RETRUNS SHOULD BE FOLLOWED TILL THE NEW SOLUTION.