Section 203A of Income Tax Act for AY 2023-24

Section 203A of Income Tax Act 1961 amended by the Finance Act 2022 and Income-tax Rules, 1962. Tax deduction and collection account number.

Amended and updated notes on section 203A of Income Tax Act 1961 as amended by the Finance Act 2022 and Income-tax Rules, 1962. Detail discussion on provisions and rules related to Tax deduction and collection account number.

Chapter XVII (Sections 190 to 234G) of the Income Tax Act 1961 deals with the provisions related to collection and recovery of tax. Section 203A of IT Act 1961 provides for Tax deduction and collection account number.

Recently, we have discussed in detail section 203 (Certificate for tax deducted) of IT Act 1961. Today, we learn the provisions of section 203A of Income-tax Act 1961. The amended provision of section 203A is effective for financial year 2022-23 relevant to the assessment year 2023-24.

In this article, you will learn detail of the provisions of section 203A of the Income Tax Act, 1961 Bare Act read with the Income-tax Rules, 1962 as provided by Ministry of Law and Justice, Government of India.

Section-203A: Tax deduction and collection account number

Section 203A(1) of Income Tax Act

Every person, deducting tax or collecting tax in accordance with the provisions of this Chapter, who has not been allotted a tax deduction account number or, as the case may be, a tax collection account number, shall, within such time as may be prescribed, apply to the Assessing Officer for the allotment of a “tax deduction and collection account number”.

Section 203A(2) of Income Tax Act

Where a “tax deduction account number” or, as the case may be, a “tax collection account number” or a “tax deduction and collection account number” has been allotted to a person, such person shall quote such number—

  • (a) in all challans for the payment of any sum in accordance with the provisions of section 200 or sub-section (3) of section 206C;
  • (b) in all certificates furnished under section 203 or sub-section (5) of section 206C;
  • (ba) in all the statements prepared and delivered or caused to be delivered in accordance with the provisions of sub-section (3) of section 200 or sub-section (3) of section 206C;
  • (c) in all the returns, delivered in accordance with the provisions of section 206 or sub-section (5A) or sub-section (5B) of section 206C to any income-tax authority; and
  • (d) in all other documents pertaining to such transactions as may be prescribed in the interests of revenue.

Section 203A(3) of Income Tax Act

The provisions of this section shall not apply to such person, as may be notified by the Central Government in this behalf.


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