CBDT Notifies TDS Return Form (Form 26QE) and TDS Certificate (Form 16E) for Crypto Transactions

CBDT Notifies TDS Return Form (Form 26QE) and TDS Certificate (Form 16E) for Crypto Transactions

CA Pratibha Goyal | Jun 22, 2022 |

CBDT Notifies TDS Return Form (Form 26QE) and TDS Certificate (Form 16E) for Crypto Transactions

CBDT Notifies TDS Return Form (Form 26QE) and TDS Certificate (Form 16E) for Crypto Transactions

In exercise of the powers conferred by section 295 read with sections 194B, 194-IA, 194R, 194S and section 206AB of the Income-tax Act, 1961, the Central Board of Direct Taxes (CBDT) vide notification Number 67/2022/F. No. 370142/23/2022-TPL dated 21st June 2022 has notified TDS Return Form (Form 26QE) and TDS Certificate (Form 16E) for Crypto Transactions.

Due Date of Depositing TDS

TDS Deducted in Section 194S will be paid to the credit of the Central Government within a period of thirty days from the end of the month in which the deduction is made and shall be accompanied by a challan-cum-statement in Form No. 26QE.

Due Date of issuing TDS Certificate

Every person, being a specified person referred to in section 194S and responsible for deduction of tax under that section shall furnish the certificate of deduction of tax at source in Form No.16E to the payee within fifteen days from the due date for furnishing the challan-cum-statement in Form No.26QE.

Click on Link Given below to Download the Notification:

StudyCafe Membership

Join StudyCafe Membership. For More details about Membership Click Join Membership Button
Join Membership

In case of any Doubt regarding Membership you can mail us at [email protected]

Join Studycafe's WhatsApp Group or Telegram Channel for Latest Updates on Government Job, Sarkari Naukri, Private Jobs, Income Tax, GST, Companies Act, Judgements and CA, CS, ICWA, and MUCH MORE!"




Author Bio
My Recent Articles
Due Date Compliance Calendar and List of Festivals in April 2024 New NPS rule from 1st April: Check What is Changed in New NPS Rule Due Date for Mutual Fund ELSS Investment for 80C is 28th March not 31st March: Hurry Up Late MSME Payment section 43B(h) now reality: What to do in this case These Income Tax High Value Transactions that May Trigger Notice from IT Department; Check ListView All Posts