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CBDT circular 24 January 2017

Corrigendum 01/2017

Corrigendum to Circular No. 1/2017 dated 02.01.2017 on TDS under section 192 of Income-tax Act, 1961

What this is

Corrigendum 01/2017 was issued by the Central Board of Direct Taxes on 24 January 2017. Its subject is Corrigendum to Circular No. 1/2017 dated 02.01.2017 on TDS under section 192 of Income-tax Act, 1961.

The instrument itself

The text, read by machine from the scan

This is not the department’s typed text. The department published this one as a scanned image of a signed paper, so there is no text in the file to copy. What follows was read off that image by optical character recognition and is reproduced without correction — the mistakes you can see are the machine’s, and there may be others you cannot. It is here so the document can be found and read; it is not a substitute for the file, which is linked below. Do not quote from this page.

F.No. 275/192/2016-IT (B)
Government of India/ IRA AHN
Ministry of Finance/ face Aarert
Department of Revenue/ (tered Fasirer)
Central Board of Direct Taxes/ (edit Weaat FX ats)
KK KKK
North Block, New Delhi
24" January, 2017
CORRIGENDUM
Sub: Corrigendum to Circular No. 1/2017 dated 02.01.2017 on TDS under section
192 of Income-tax Act, 1961.
2k 2
In para 3.6.1 in clause (a) below the table at page 4 of the captioned Circular, the words “3 years” appearing in line 1 may be read as “5 years”,
2. The table in para 4.9.1 on page 9 of the captioned Circular may be read as under:
TABLE: Due dates of filing Quarterly Statements in Form 24Q
Sl. Date of ending of Due date
No. quarter of financial year
31* July of the financial year
30" September 31° October of the financial year
31° December 31" January of the financial year
4 | 31" March 31° May of the financial year immediately following the financial ear in which the deduction is made
[Refer to Notification No. 30/ 2016 dated 29.4.2016]
3. In para 5.5.10 in clause (d) at page 26 of the captioned Circular, the words
“Rs.2000/-” appearing in line 2 may be read as “Rs. 5000/-”.
(S p Singh)
Under Secretary to the Govt. of India
Copy to
1. All State Governments/Union Territories.
2. All Ministries/Departments of Government of India etc.
3. President's Secretariat
4. Vice-President's Secretariat
5. Prime Minister's Office
6. Lok Sabha Secretariat
7. Rajya Sabha Secretariat
8. Cabinet Secretariat
9. Secretarv. U.P.S.C.. Dholnur House New Nelhi

11. Supreme Court of India, New Delhi

12. Election Commission, New Delhi

13. Planning Commission, New Delhi

14. Secretariat of Governors/Lt. Governors of all States/Union Territories

15. All Integrated Financial Advisors to Ministries/Departments of Government of
India

16. All Heads of Departments & Offices subordinate to the Department of Revenue
CBDT, CBEC

17. Army Headquarters, New Delhi

18. Air Headquarters, New Delhi

19. Naval Headquarters, New Delhi

20. Director-General of Posts & Telegraphs, New Delhi(10 copies)

21. Comptroller & Auditor General of India (50 copies)

22. Accountant General - I, Andhra Pradesh, Hyderabad

23. Accountant General-II, Andhra Pradesh, Hyderabad

24. Accountant General, Assam, Shillong

25. Accountant General-I, Bihar, Ranchi

26. Accountant General-II, Bihar, Patna

27. Accountant General-I, Gujarat, Ahmedabad

28. Accountant General-II, Gujarat, Rajkot

29. Accountant General, Kerala, Thiruananthapuram

30. Accountant General, Madhya Pradesh, Gwalior

31. Accountant General, Tamil Nadu, Chennai

32. Accountant General-I, Maharashtra, Mumbai

33. Accountant General-II, Maharashtra, Nagpur

34. Accountant General, Karnataka, Bengaluru

35. Accountant General, Orissa, Bhubaneshwar

36. Accountant General, Punjab, Chandigarh

37. Accountant General, Himachal Pradesh, Simla

38. Accountant General, Rajasthan, Jaipur

39. Accountant General-I, I] & III, Uttar Pradesh, Allahabad

40. Accountant General, West Bengal, Kolkata

41. Accountant General, Haryana, Chandigarh

42. Accountant General, Jammu & Kashmir, Srinagar

43. Accountant General, Manipur, Imphal

44. Accountant General, Tripura, Agartala

45. Accountant General, Nagaland, Kohima

46. Director of Audit(Central)Kolkata

47. Director of Audit(Central Revenue), New Delhi

48. Director of Audit (Central), Mumbai

49. Director of Audit, Scientific & Commercial Department, Mumbai

50. All Banks (Public Sector, Nationalized including State Bank of India)

51. Secretary, Reserve Bank of India Central Office P.B.No.406, Mumbai-400001 (25
copies for distribution to its Branches).

52. Accounts Officer, Inspector General of Assam Rifles, (Hqrs), Shillong

53. All Chambers of Commerce & Industry

54. Lok Sabha /Rajya Sabha Secretariat Libraries(15 copies each)

55. All Officers and Sections in Technical Wing of CBDT

56. Asstt. Chief Inspector, RBI Inspection Deptt. Regional Cell Mumbai/Kolkata/
Chennai/New Delhi/and Kanpur.

57. Controller of Accounts, Deptt. Of Economic Affairs, New Delhi

58. Manager , Reserve Bank of India, Public Debt Office, Ahmedabad/Bengaluru/
Bhubaneswar/ Mumbai/Kolkata/Hyderabad/Kanpur/Jaipur/Chennai/Nagpur/New
Delhi/ Patna/ Guwahati/Trivandrum.

59. Accountant General, Post & Telegraph, Simla.

60. Controller General of Defence Accounts, New Delhi.

41. Directorate af Andit Nefanca Cervicac Naw: DNathi

63. International Labour Office, India Branch, New Delhi.
64. Secretary, Indian Red Cross Society, New Delhi
65. Atomic Energy Deptt. Mumbai.
66. Secretary, Development Board, Ministry of Commerce & Industry.
67. National Saving Organisation, Nagpur.
68. Deputy Accountant General, Post & Telegraph, Kolkata.
69. The Legal Adviser, Export-Import Bank of India, P.B.No.19969, umbai.4000021.
70. Manager, State Bank of India, Local Head Office :-
i. Jeevan Deep Building, 1 Middleton Street, Kolkata.
ii. Circle Top House, Rajai Salai, Chennai-600001.
ili. Lucknow, Uttar Pradesh.
iv. Bank Street, Hyderabad-500001
v. Hamida Road, Bhopal-462001
vi. Shop Nos.101 to 105, Sector 17-B, Chandigarh vii. New Amn.Building, Madam Cama Road, Mumbai-400021
viii. 9, Parliament Street, New Delhi-110001
ix. Bhedru, Ahmedabad-380001
x. Judges Court Road, Post Box No.103, Patna-800001
xi. 59, Forest Park, Bhubaneshwar xii. Guwahati, Assam
71. Chief Controller of Accounts, CBDT, Lok Nayak Bhawan, Khan Market, New Delhi
72. State Bank of Patiala, (Head Office), The Mall, Patiala
73. State Bank of Bikaner and Jaipur, Head Office, Tilak Marg, 'C' Scheme Jaipur
74. State Bank of Hyderabad, Head Office, Gun Factory, Hyderabad
75. State Bank of Indore, 5 Yashwant Nivas Road, Indore.
76. State Bank of Mysore (Head Office), K.G.Road, Bengaluru
77. State Bank of Saurashtra, Behind Satyanarayan Road, Bhavnagar, Gujarat
78. State Bank of Travancore, Post Box No.34, Thiruanathpuram
79. N. S. Branch, Department of Economic Affairs, New Delhi
80. The Editor, "The Income-tax Reporter’ Company Law Institute of India (P) Ltd., 88,
Thyagaraja Road, Thyagaraja Nagar, Chennai-600017
81. The Editor, Chartered Secretary, The Institute of Company Secretaries of India, 'ICSI
House, 22, Institutional Area, Lodhi Road, New Delhi-1 10003
82. The Editor, "Taxation" 174, Jorbagh, New Delhi
83. The Editor, "The Tax Law Review" Post Box No.152, Jallandhar-144001
84. The Editor, "Taxmann" Allied Services (P)Ltd., 1871, Kucha Chelan, Khari Baoli,
Delhi-110006
85. The Min. of Law (Deptt. of Legal Affairs), Shastri Bhawan New Delhi.
86. Food Corporation of India, 16-17, Barakhamba Lane, New Delhi-110001
87. IFCI, Bank of Baroda Building, 16, Parliament Street, New Delhi
88. IDBI, IDBI Tower, Cuffe Parad, Mumbai-400 005
89. ICICI, 163, Backbay Reclamation, Mumbai-400 020
90. NABARD, Poonam Chambers, Dr.Annie Besant Road, P.B.No.552,Worli, Mumbai
91. National Housing Bank, 3rd Floor, Bombay Life Building, 45, Veer Nariman Road,
Mumbai
92. IRBI, 19, Netaji Subhash Road, Kolkata
93. All Foreign Banks operating in India
94. Air India, New Delhi
95. University Grants Commission, Bahadur Shah Jafar Marg, New Delhi
96. The Deputy Director(Admn.), NSSO (FOD), Mahalonobis Bhavan, 6th Floor, 164,
G.L.Tagore Road, Kolkata-700108.
Under Secretary to the Govt. of India

Source: the department’s scanned file.

← Circular No. 6/2017  ·  Circular No. 5/2017 →

A circular binds the department, not you and not a court. The Board issues a circular to its own officers. An assessee may hold the department to a circular that helps him; the department cannot hold an assessee to one that hurts him, and the Tribunal and the courts decide the law for themselves.

Source: the Income Tax Department’s own published text — its page for this instrument.