RBI /2005-06/85
DGBA. GAD. No. H- 414 /42.01.001/ 2005-06
July 30, 2005
The Chairman/Chairman and Managing Director All Agency Banks
including
Jammu and Kashmir Bank Ltd.
Dear Sir,
Obligation of Schedule Banks to furnish information
on Banking Cash Transaction Tax (BCTT)-
We forward herewith a copy of letter F. No.
Addl. DIT (inv.) (HQ) /BCTT/2005-06 dated July 27, 2005 received from the Directorate
General of Income Tax (investigation), Delhi on the captioned subject, the contents
of which are self explanatory.
2. As per Rule No. 5 of the Government Notifications
No. 156/2005, dated May 30, 2005 you are required to furnish a statement of
number of taxable banking transactions entered into and Banking Cash Transaction
Tax collected during the month on or before the expiry of the month immediately
following the relevant month on a computer media.
3. The monthly statement for the month of June
2005 is required to be furnished by July 31, 2005. you may, therefore, furnish
the information in the manner and media as prescribed in the Rules at the address
mentioned below immediately :
Directorate General of Income Tax
(investigation)
E-2, ARA Centre, 3rd Floor, Jhandelwalan Extension
New Delhi 110 055
4. You may download the above Notification
and forms from the website www.taxmann.com.
Yours faithfully,
(M.T. Varghese)
General Manager
|