Annual Closing of Accounts - Receipt of Direct Taxes - Arrangements for the Current Financial Year - ಆರ್ಬಿಐ - Reserve Bank of India
Annual Closing of Accounts - Receipt of Direct Taxes - Arrangements for the Current Financial Year
RBI/2004/122 March 27, 2004
The Chairman/Chairman & Managing Director/Managing Director Dear Sir,
Annual Closing of Accounts - Receipt of Direct Taxes - Arrangements for the Current Financial Year
We have since received request from the Ministry of Finance, Department of Economic Affairs (Banking Division) that with a view to facilitating tax payers, Offices of Reserve Bank and branches of Agency Banks conducting Government Business be kept open on March 30, 2004 (Tuesday/Holiday) and suitably extend the working hours on March 27, 2004 (Saturday). In order to cope with the expected rush on account of closing of Government Accounts for the current Financial Year (2003-04), it has been decided that the agency banks and Reserve Bank Offices should put in place the following arrangements to facilitate the payment of taxes by assessees :
1. March 27, 2004 (Saturday) i) The branches of Agency Banks and Reserve Bank Offices should provide all facilities to assessees for deposit of taxes on March 27, 2004. Depending on the Government requirements and the rush of the assessees for payment of taxes, the banking hours should be suitably extended and counters kept open for the purpose. No assessee should be turned away from the bank without payment of tax.
2. March 30, 2004 (Tuesday/Holiday)
3. The instructions as above apply only to collection of Taxes.
4. Hindi version will follow. Yours faithfully,
(R.C. Das)
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