Latest Expert Exchange Queries

Make your inventory and invoicing software GST Ready from Binarysoft
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
Popular Search: cpt :: TAX RATES - GOODS TAXABLE @ 4% :: empanelment :: due date for vat payment :: TDS :: ACCOUNTING STANDARD :: ACCOUNTING STANDARDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT RATES :: list of goods taxed at 4% :: form 3cd :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT Audit :: articles on VAT and GST in India :: Central Excise rule to resale the machines to a new company
« Latest Circulars »
 Results of Underwriting Auctions Conducted on July 20, 2017
 Master Circular – Detection and Impounding of Counterfeit Notes
 Monitoring of Foreign Investment under PIS in Indian Companies – M/s The Byke Hospitality Limited - 1. Increase in FIIs/FPIs Investment limit under Portfolio Investment Scheme from 24% to 40% Removal from the FIIs/ FPIs Caution List
 RBI's Monthly Bulletin for July 2017
 Financial Action Task Force (FATF) Public Statement dated June 23, 2017
 All-India House Price Index (HPI) recorded marginal increase in Q4:2016-17
 Auction of Government of India Dated Securities July 17, 2017
 RBI-Interest rates for Small Savings Schemes
 Priority Sector Lending – Status, Issues and Future Agenda (Shri S S Mundra, Deputy Governor - June 27, 2017 - at the ”Conference on Credit flow to Priority Sector – Policy and Implementation” held at College of Agricultural Banking, Pune1)
 Audit Committee of the Board of Directors – Nomination of Non-Executive Chairman
 Investment in plant and machinery for the purpose of classification as Micro, Small and Medium Enterprises – documents to be relied upon

Scheme for Collection of Dues of (i) Central Board of Direct Taxes (ii) Central Board of Excise and Customs (iii) Departmentalised Ministries Account Furnishing of Statement of Residual transactions - Financial Year 2014-15
March, 30th 2015


March 27, 2015

The Chairman/Chief Executive Officer
All Agency Banks

Dear Sir / Madam,

Scheme for Collection of Dues of (i) Central Board of Direct Taxes (ii) Central Board of Excise and Customs (iii) Departmentalised Ministries Account – Furnishing of Statement of Residual transactions - Financial Year 2014-15

Please refer to Circular DGBA.GAD.No.H - 4285/42.01.029/2014-15 dated March 25, 2015, advising the procedure to be followed for reporting and accounting of collection of Direct Taxes (CBDT) and Indirect Taxes (CBEC) and transactions of Departmentalised Ministries at the Receiving/Nodal/Focal Point branches of your bank for the Financial Year 2014-15.

2. In view of the bank holidays from April 1 to 5, 2015 in various centres, the reporting of the actual position of revenue collection for the financial year 2014-15 may get delayed. In order to ensure prompt reporting of the tax collection figures for the year ending March 2015, the following procedure may be adopted. In the normal course, the settlement figures with Reserve Bank of India, Central Accounts Section (CAS) are captured in the daily reporting of agency banks to them while the pipeline residual transactions are reported till April 15, 2015.

In addition to the above, agency banks are advised to provide the residual figures separately for MIS purpose as per format given in the Annex on a daily basis for April 1, 2 and 3, 2015 to email. For this purpose agency banks may arrange to keep such branches, Focal Point Branches, Link Cells and other administrative offices open as may be required.

3. It is also imperative that agency banks report their March 2015 collections including residual transactions to NSDL and CBDT/CBEC promptly without any delay.

Yours faithfully

(K. Ganesha)
Deputy General Manager

Encl : one


(Statement to be furnished on April 1, 2015, April 2, 2015 and April 3, 2015)

Reporting of March Residual Transactions – March 2015

Name of the Bank:

Position as on:

(Amount in Rupees)
Tax Particulars (1) Mode of Collection(2) Total tax collections (3)
Out of which already been reported to CAS
The remaining portion which has to be reported and settled
CBDT (ZAO wise) Physical      
CBEC (ZAO wise) Physical      
Departmentalised ministry accounts and others Physical      
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Outsourcing Company Offshore Software Outsourcing Software Outsourcing Company India Offshore Outsourcing Company India Software BPO Software Business Process Outsourcing Software Outsourcing India Offsho

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions