FORM  501B

 

CERTIFICATE OF TRANSFER OF TAX DEDUCTION AT SOURCE BY THE CONTRACTOR TO THE SUB CONTRACTOR.

(See Sec 22 (4) & Rules 18 (1)(e))

 

  Date            Month          Year

 

 

 

01.  Tax Office Address:....................................

       .............................................................

 

02. TIN of the Contractor                                           :
 

I / We__________________________________ being the contractors certify  that a sum  of     Rs._________________ was deducted as tax at source by the contractee from the amount payable to me.  An amount of Rs.____________ out of tax deducted at source is hereby authorized to be utilized by the sub contractor.

03

Name and address of the sub contractor

 

04

TIN of the sub contractor

 

05

Name and address of the contractee/ Employer

 

06.

Name and address of the (main) contractor

 

 

a) Date of the Contract/ supply order

 

 

b) Nature of Contract/ Supply  order

 

 

c) Full Value of Contract/Supply order

 

 

d) Amount paid as consideration.

 

 

e) Month and year in which the amount is paid

 

 

d) Bill No./Voucher Cash Memo

 

 

g) Amount of tax deducted at source

 

 

h) Remittance Particulars

i) Unique No of 501/501A

 

07

a) Date of the subcontract/supply order

 

 

b) Full Value of the subcontract/ Supply order

 

 

c) Amount being paid as consideration to the

    subcontractor

 

 

d) Amount of tax deducted at source being   

    transferred to subcontractor.

 

The particulars furnished above are true and correct.  I / We shall be held responsible in case the tax deducted is not correct in any manner and I / We shall be liable for penal action as per the provisions of the APVAT Act  

 

Signature of the contractor /  person responsible for transfer of amount