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))
____________________________________________
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.
i) Unique No of 501/501A
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