Get Form 402 (see Rule 40 Of The Maharashtra Value Added Tax Rules, 2005) Certificate Of Tax Deduction

Filling out the FORM 402 is crucial for ensuring proper tax deduction documentation under the Maharashtra Value Added Tax Act. This guide provides you with clear, step-by-step instructions to help you complete the form accurately and efficiently.

Follow the steps to complete the FORM 402 correctly.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Enter the date in the designated field to indicate when the certificate is being issued.
3. Fill in the certificate number in the specified space, ensuring it is unique and sequential.
4. Provide the name and full address of the employer. This should be detailed and accurate for identification.
5. Enter the Tax Deduction Account Number (TAN) of the employer in the appropriate section.
6. Input the Registration Certificate Number under the MVAT Act, 2002 of the employer, if applicable.
7. List the name and full address of the contractor who executed the works contract.
8. Provide the contractor’s Registration Certificate Number under the MVAT Act, 2002, if applicable.
9. Detail the particulars of tax deducted. This includes specifics of the works contract, contractor's bill number and date, the amount of the bill admitted, date of credit or payment, amount of tax deducted, and the date on which the tax deducted has been paid.
10. After reviewing the information entered, ensure accuracy, and provide a certification statement confirming the correctness of information.
11. Include the place in the designated field and sign as the person deducting tax.
12. Finally, review the completed form, save your changes, and choose to download, print, or share the form as required.

Complete your FORM 402 online and ensure your tax deductions are well-documented.