Income Tax Act, 2025
Section 8: Ins. by Act 23 of 2003, s. 50 (w.e.f. 12005).
8. Ins. by Act 23 of 2003, s. 50 (w.e.f. 12005).
9. Subs. by Act 33 of 2009, s. 70, for “prepare quarterly statements for the period ending on the 30th June, the
30th September, the 31st December and the 31st March in each financial year” (w.e.f. 12009).
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1[(3A) In case of an office of the Government, where the amount collected under sub-section (1) 2[or
sub-section (1C)] 3*** has been paid to the credit of the Central Government without the production of a
challan, the Pay and Accounts Officer or the Treasury Officer or the Cheque Drawing and Disbursing
Officer or any other person, by whatever name called, who is responsible for crediting such tax to the
credit of the Central Government, shall deliver or cause to be delivered to the prescribed income-tax
authority, or to the person authorised by such authority, a statement in such form, verified in such manner,
setting forth such particulars and within such time as may be prescribed.
(3B) The person referred to in the proviso to sub-section (3) may also deliver to the prescribed
authority under the said proviso, a correction statement for rectification of any mistake or to add, delete or
update the information furnished in the statement delivered under the said proviso in such form and
verified in such manner, as may be specified by the authority.]
4[(4) Any amount collected in accordance with the provisions of this section and paid to the credit of
the Central Government shall be deemed to be a payment of tax on behalf of the person from whom the
amount has been collected and credit shall be given to such person for the amount so collected in a
particular assessment year in accordance with the rules as may be prescribed by the Board from time to
time.]
(5) Every person collecting tax in accordance with the provisions of this section shall within 5[such
period as may be prescribed from the time of debit] or receipt of the amount furnish to the 6[buyer or
licensee or lessee] to whose account such amount is debited or from whom such payment is received, a
certificate to the effect that tax has been collected, and specifying the sum so collected, the rate at which
the tax has been collected and such other particulars as may be prescribed:
7[* * * * *
Provided 8*** that the prescribed income-tax authority or the person authorised by such authority
referred to in sub-section (3) shall, within the prescribed time 9[after the end of each financial year
beginning on or after the 1st day of April, 2008], prepare and deliver to the buyer referred to in subsection (1) or, as the case may be, to the licensee or lessee referred to in sub-section (1C), a statement in
the prescribed form specifying the amount of tax collected and such other particulars as may be
prescribed.]
10[(5A) Every person 11[collecting tax before the 1st day of April, 2005] in accordance with the
provisions of this section shall 12[prepare within the prescribed time after the end of each financial year],
and deliver or cause to be delivered to the 13[prescribed income-tax authority or such other authority or
agency as may be prescribed] such returns in such form and verified in such manner and setting forth
such particulars and within such time as may be prescribed:]
In case of an office of the Government, where the amount collected under sub-section
2[or
sub-section
The person referred to in the proviso to sub-section
may also deliver to the prescribed
authority under the said proviso, a correction statement for rectification of any mistake or to add, delete or
update the information furnished in the statement delivered under the said proviso in such form and
verified in such manner, as may be specified by the authority.]
4[
Any amount collected in accordance with the provisions of this section and paid to the credit of
the Central Government shall be deemed to be a payment of tax on behalf of the person from whom the
amount has been collected and credit shall be given to such person for the amount so collected in a
particular assessment year in accordance with the rules as may be prescribed by the Board from time to
time.]
Every person collecting tax in accordance with the provisions of this section shall within 5[such
period as may be prescribed from the time of debit] or receipt of the amount furnish to the 6[buyer or
licensee or lessee] to whose account such amount is debited or from whom such payment is received, a
certificate to the effect that tax has been collected, and specifying the sum so collected, the rate at which
the tax has been collected and such other particulars as may be prescribed:
7[* * * * *
Provided 8*** that the prescribed income-tax authority or the person authorised by such authority
referred to in sub-section
shall, within the prescribed time 9[after the end of each financial year
beginning on or after the 1st day of April, 2008], prepare and deliver to the buyer referred to in subsection
or, as the case may be, to the licensee or lessee referred to in sub-section
Every person 11[collecting tax before the 1st day of April, 2005] in accordance with the
provisions of this section shall 12[prepare within the prescribed time after the end of each financial year],
and deliver or cause to be delivered to the 13[prescribed income-tax authority or such other authority or
agency as may be prescribed] such returns in such form and verified in such manner and setting forth
such particulars and within such time as may be prescribed:]