CA Final · Direct Tax Laws & International Taxation · Basic Concepts
Kiran Pvt Ltd issued a Form 131 certificate to a vendor, who reported losing the original. Kiran Pvt Ltd also wishes to digitally sign certificates. Which statement is correct under Rule 215?
A duplicate Form 131 can be issued on the deductee's request if certified as duplicate. Digital signing is optional, but if used the contents must not be changeable and each certificate needs a control number, with the deductor maintaining a log, under Rule 215(3) to (5).
- AA duplicate may be issued only for Form 130 and not for Form 131
- BA duplicate Form 131 may be issued on request and must be certified as duplicate; if digitally signed, contents must not be amenable to change and each certificate must carry a control number, with a log maintained by the deductorCorrect
- CA duplicate may be issued without certification as duplicate, provided it carries a control number
- DDigital signatures are mandatory for all certificates, and a duplicate must be re-signed with changed contents
Explanation
Rule 215(3) allows a duplicate in Form 130, 131 or 133 if the original is lost and a request is made, certified as duplicate. Rule 215(4) makes digital signatures optional. Rule 215(5) requires contents to be unchangeable once signed and a control number with a log maintained by the deductor. Option A wrongly excludes Form 131.
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