Section 203:
Certificate for tax deducted.
1,2
(1) Every person deducting tax in accordance with 3
the
foregoing provisions of this Chapter4
shall, within such period as may be prescribed from the time of
credit or payment of the sum, or, as the case may be, from the time of issue of a cheque or warrant for
payment of any dividend to a shareholder, furnish to the person to whose account such credit is given or
to whom such payment is made or the cheque or warrant is issued, a certificate to the effect that tax has
been deducted, and specifying the amount so deducted, the rate at which the tax has been deducted and
such other particulars as may be prescribed.
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(2) Every person, being an employer, referred to in sub-section (1A) of section 192 shall, within
such period, as may be prescribed, furnish to the person in respect of whose income such payment of tax
has been made, a certificate to the effect that tax has been paid to the Central Government, and specify the
amount so paid, the rate at which the tax has been paid and such other particulars as may be prescribed.
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Notes:
1. Subs. by Act 20 of 1967, s. 30, for section 203, (w.e.f. 1-4-1967).
2. Section 203 renumbered as sub-section (1) thereof by Act 20 of 2002, s. 90 (w.e.f. 1-6-2002).
3. Subs. by Act 23 of 2004, s. 44, for the portion beginning with the words “the provisions of section 192” and ending with
the words “section 196D” (w.e.f. 1-10-2004).
4. Subs. by Act 11 of 1987, s. 54, for “shall, at the time of credit of payment of the sum, or, as the case may be, at the time
of issue of a cheque or warrant for payment of any dividend to a shareholder” (w.e.f. 1-6-1987).
5. Ins. by Act 20 of 2002, s. 90 (w.e.f. 1-6-2002).
6. Sub-section (3) omitted by Act 14 of 2010, s. 43 (w.e.f. 1-4-2010).