Declaration by person claiming receipt of certain incomes without deduction of tax under section 393(6)

Declaration by person claiming receipt of certain incomes without deduction of tax under section 393(6).

211. (1) A declaration under section 393(6) shall be furnished in Form No. 121.

(2) The declaration referred to in sub-rule (1) may be furnished in any of the following manner:—

(a) electronically after duly verifying through an electronic process; or

(b) in paper form.

(3) The person responsible for paying any income or sum of any nature referred to in section 393(6), shall allot a unique identification number to each declaration received by him in Form No. 121, during every quarter of the financial year in accordance with the procedures, formats and standards specified by the Director General of Income-tax (Systems).

(4) The person responsible for paying any income or sum of any nature referred to in section 393(6), shall furnish the statement of deduction of tax referred to in rule 219, containing the particulars of declaration received by him during each quarter of the tax year along with the unique identification number referred to in sub-rule (3), regardless of the fact that no tax has been deducted in the said quarter.

(5) Subject to the provisions at sub-rule (4), an income-tax authority may, before the end of seven years from the end of the tax year in which the declaration has been received, require the person referred to in sub-rule (3) to furnish or make available the declaration for the purposes of verification or any proceeding under the Act.