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August 2009

New Scheme of TDS/TCS procedures deferred till further notice : Press Release dated 30-6-2009.

By Pinky Shah, Sonalee Godbole, Gaurang Gandhi, Tarun Ghia, Nimesh Dedhia, Vijay Kewalramani
Chartered Accountants
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Part A : Direct taxes

  1. New Scheme of TDS/TCS procedures deferred till further
    notice : Press Release dated 30-6-2009.

The CBDT has kept the new procedures prescribed under
Notification No. 31/2009 in abeyance till further notice. Accordingly
taxpayers can continue to follow the existing procedures till further
information is received from the Board. Returns can also be filed without
Unique Transaction Number (UTN).

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