RBI/2004/234DGBA.GAD.No.H-1244/42.01.011/2003-04June 10, 2004 Jyeshtha 20, 1926(S)The Chairman/Managing Director, State Bank of India & its Associates, All Nationalized Banks, Jammu & Kashmir Bank Ltd., IDBI Bank Ltd./HDFC Bank Ltd./ ICICI Bank Ltd./UTI Bank Ltd. Dear Sir,Maintenance of Government Accounts – Interest on Delayed Remittances and Excess/Double Reimbursement Please refer to our Circular No.443/42.01.011/2003-04 dated November 5, 2003 on the above

RBI/2004/145DGBA.GAD.No. H-1068 /42.01.034/2003-04 April 16, 2004The Chairman & Managing Director / Managing DirectorState Bank of India and its AssociatesAll Nationalised BanksHDFC Bank Ltd., / ICICI Bank Ltd.,IDBI Bank Ltd., / UTI Bank Ltd.(as per list enclosed)Dear Sir,Accounting Procedure for On-line Tax Accounting System (OLTAS)Please refer to our Circular No. RBI/2004/129 (DGBA.GAD.No. 989/ 42.01.034/2003-04) dated March 31, 2004 advising you to extend the P

RBI/2004/129DGBA.GAD.No. 989 /42.01.034/2003-04 March 31, 2004The Chief Executive Officers of all Agency Banks(as per list enclosed)Dear Sir,Introduction of OLTASAs you are aware, the Pilot Study of On-line Tax Accounting System (OLTAS) Project is presently being implemented in 14 major cities. Progress in this regard has been reviewed at various meetings across the country and all the banks have expressed their confidence in extending the Pilot to all their branches.

RBI/2004/122DGBA.GAD.No.H-976 /42.01.029/2003-04 March 27, 2004The Chairman/Chairman & Managing Director/Managing DirectorState Bank of India & its Associate BanksAll Public Sector BanksJammu & Kashmir Bank Ltd.HDFC Bank Ltd./IDBI Bank Ltd.UTI Bank Ltd./ICICI Bank Ltd.Dear Sir, Annual Closing of Accounts - Receipt of Direct Taxes - Arrangements for the Current Financial YearWe have since received request from the Ministry of Finance, Department of Economic

RBI/2004/125DGBA.GAD.No. 979 /42.01.018/2003-04 March 27, 2004Chief Executive Officers of all Agency Banks(as per list enclosed)Dear Sir,Streamlining the Procedure for Issue of Income Tax Refund Orders (ITROs) Central Board of Direct Taxes, Government of India, New Delhi have since revised the procedure of issue of ITROs and discontinued the practice of forwarding Advice Notes to the paying banks separately in respect of refunds upto Rs.9999/- vide their Circular Inst

RBI/2004/121DGBA.GAD.No.H-972 /42.01.029/2003-04 March 26, 2004The Chairman/Chairman & Managing Director/Managing DirectorState Bank of India & its Associate BanksAll Public Sector BanksJammu & Kashmir Bank Ltd.HDFC Bank Ltd./IDBI Bank Ltd.UTI Bank Ltd./ICICI Bank Ltd.Dear Sir, Annual Closing of Accounts - Receipt of Central Taxes-Arrangements for the Current Financial YearWe have received a request from the Chief Commissioner of Income Tax, Mumbai that wi

RBI/2004/86DGBA.GAD.No.H-791/42.02.001/2003-04March 3, 2004The Chairman/Managing DirectorThe Chairman and Managing DirectorState Bank of India & its Associate Banks andAll Public Sector BanksDear Sir,Standing Committee Meeting to Review the Handling of Government Transactions by Banks Accredited to Civil Ministries/Departments – Para 2.4 Please refer to para 2.4 of minutes of the Standing Committee Meeting held on 6th & 7th November, 2003 at Bhubaneshwar. 2. P