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An assessee files Form No. 71 electronically to claim tax deduction at source credit under sub-section (20) of section 155. The rules apply from the first day of October, 2023. The assessee submits the form to the Principal Director General of Income-tax (Systems) or the Director General of Income-tax (Systems) or an authorised person. The form uses a digital signature or an electronic verification code. A successor entity or a legal heir furnishes the form for a predecessor entity or a deceased person. The systems authority specifies the procedures for furnishing the form and forwards it to the Assessing Officer.
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MINISTRY OF FINANCE (Department of Revenue) (Central Board of Direct Taxes) NOTIFICATION New Delhi, the 30th August, 2023 INCOME-TAX
G.S.R. 637(E).—In exercise of the powers conferred by sub-section (20) of section 155 read with section 295 of the Income-tax Act, 1961, the Central Board of Direct Taxes, hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:–
“FORM NO. 71 [See rule 134] [e-Form] Application under sub-section (20) of section 155 for credit of tax deduction at source (TDS) (1) Name of the person furnishing the application :
(2) PAN and Aadhaar number (if available) of the person furnishing the application :
(3) Name of the person in respect of which the application is being furnished (if different from (1)) (See note 1) :
(4) PAN of the person in respect of which the application is being furnished (if different from (2)) (See note 1) :
(5) Whether the deductee is resident or non-resident? :
(6a) Address of the person furnishing the application :
(6b) PIN/ Zip Code of the person furnishing the application :
(7) E-mail Id :
(8) Mobile Number :
(9) Relevant Assessment Year referred to in sub-section (20) of section 155 (see Note 2) :
(10) Subsequent financial year referred to in sub-section (20) of section 155 :
(11) Date on which return of income for relevant assessment year was furnished (dd/mm/yyyy) :
(12) Details with reference to Relevant Assessment Year referred to in (9) :
TABLE
| S. No. | Total income/ deemed total income / loss of assessee returned in the relevant assessment year (See Note 3) | Amount of Specified income* included in return of income (See Note 4) | Nature of specified income (See Note 4) | Rate at which the specified income was subject to tax | Amount of tax deducted on specified income in subsequent financial year (See Note 4) | Date of deduction of tax (dd/mm/ yyyy) |
|---|---|---|---|---|---|---|
| (1) | (2) | (3) | (4) | (5) | (6) | (7) |
| Total |
| Rate at which tax deducted | Date of payment of tax deducted to the Central Government (dd/mm/ yyyy) | Section of Income-tax Act 1961 under which tax deducted | Amount of tax out of (6) claimed for relevant assessment year | Name of deductor | TAN of deductor | PAN of deductor |
|---|---|---|---|---|---|---|
| (8) | (9) | (10) | (11) | (12) | (13) | (14) |
| Total |
*Specified income means any income referred to in sub-section (20) of section 155 which has been included in the return of income of relevant assessment year and tax on such income is deducted at source and paid to the credit of the Central Government in accordance with the provisions of Chapter XVII-B in a subsequent financial year.
VERIFICATION I……………………….…….… son/daughter of…………..……………………..having PAN/Aadhaar number …………………... do hereby declare that: -
