Collector Shri P.S.Elma issued a letter to all the drawing and disbursing officers posted in the district and directed them to clear doubts by organizing a one-day workshop on TDS in coordination with the Income Tax Department and the District Treasury. In pursuance of the above instructions, a workshop was organized on November 11 in the District Panchayat meeting hall from 3 pm, in which the Withdrawal Disbursement Officers (DDOs) posted in all government offices were given detailed information regarding reduction in the source of income. Went. In the workshop, Income Tax Officer Mr. Sunil Kumar told that on whom is the responsibility of deduction of source or the responsibility of collection on any payment in the government office and the provision and prescribed time limit regarding collection (deduction), deposit and declaration of tax. Information was also given in the workshop, along with it, it was also told that how the burden of tax liability falls on the DDO due to violation of the prescribed time limit at any level. In the same sequence, other exemptions such as House Rent Allowance, Relief under Section 89 of Income Tax, included in the income return of the government servant, were also discussed. Apart from this, Section 194 of the Income Tax Act has been explained as to how TDS deduction is to be determined while making lump sum payments to contractors, rent, plant machinery, professional or technical services. The Income Tax Officer also explained in detail about the online module “Traces” of the Income Tax Department, such as how a DDO can login to it and get complete information regarding the income tax of his office, in this on the “TEN” of the office, if the If the demand of the department is pending, its details can also be observed year-wise and such demand is the personal responsibility of the DDO, for non-payment of which provision of penalty in various sections of Income Tax was explained. Senior Treasury Officer Mr. RK Sahu told that many government servants have a tendency to pay income tax in the last month of the financial year, which is not appropriate according to the provisions of income tax and as a result, income tax has to pay interest even after the amount of tax payable. Penalty gets imposed. Apart from this, all government servants were informed about the necessity of filing returns on this occasion. In the closing session of the workshop, a live demo was given by logging on to the Traces portal and an attempt was made by the Income Tax Officer and his team present in the workshop to clear the doubts of the present DDOs. Like this:Like Loading… Continue Reading