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Who can sign TDS certificates

hetal shah (CA) (21 Points)

12 November 2010

1. To sign TDS certificate, is it necessary for signing authority to must have on payroll of that company itself?

2. Can employee of holding company sign TDS certificate to be issued by its subsidiary / associate companies?

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2 Replies

Aditya Maheshwari (CA in Practice) (35867 Points)
Replied 12 November 2010

Person responsible for deducting TDS should sign the form as mentioned in form 27A for filing eTDS return.

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Mushak shareef (eFiling Consultant) (144 Points)
Replied 14 November 2010

Dear Hetal Sir,

Certificate of tax deducted at source to be furnished under section 203.

31. (1) The certificate of deduction of tax at source by any person in accordance with Chapter XVII-B or the certificate of payment of tax by the employer on behalf of the employee under sub-section (1A) of section 192 shall be in—

(a) Form No. 16, if the deduction or payment of tax is under section 192; and

(b) Form No. 16A if the deduction is under any other provision of Chapter XVII-B.

“31. Certificate of tax deducted at source or tax paid under sub-section (1A) of section 192.—(1) The certificate of deduction of tax at source or, the certificate of payment of tax by the employer on behalf of the employee, under section 203 to be furnished by any person deducting tax in accordance with the provisions of—

If the person (Deductor) Who is deducting tax at source from the payment of some one (deductee) has responsible to deduct, then the same one has to sign in the certificate to conform his deduction.