RBI/2005-2006/240 Ref.No.DGBA.CDD15.15.001/H- 8662 /2005-06 December 23 ,2005 Pausha 2, 1927 (S) The Chairman and Managing Director Government Accounts Department, Head Office, State Bank of India/State Bank of Indore/State Bank of Patiala/ State Bank of Bikaner & Jaipur/State Bank of Saurashtra/ State Bank of Travancore/State Bank of Hyderabad/State Bank of Mysore/ Allahabad Bank/Bank of Baroda/Bank of India/ Bank of Maharashtra/Canara Bank/Central Bank of India/

RBI/2005/209 DGBA.GAD.No.H.5872/42.01.011/2005-06 November 18, 2005 Kartika 27, 1927 (S) The Chairman/Managing Director, State Bank of India & its Associates, All Nationalized Banks, Jammu & Kashmir Bank Ltd., IDBI 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.RBI/2005/457(DGBA.GAD.No.H.5724/42.01.011/ 2004-05) dat

RBI /2005-06 /188 DGBA. GAD. No.H-412/42.01.034/2005-06 October 25, 2005 Kartika 3, 1927 (S) The Chairman/Chairman and Managing Director All Agency Banks including Jammu and Kashmir Bank Ltd. Dear Sir,OLTAS – Drop Box facility for Direct Tax Challans It has been reported by the Directorate of Income Tax (systems) that a large number of data entry errors are being detected in respect of PAN/TAN under On Line Tax Accounting System (OLTAS). One of the reasons for such er

RBI/2005-06/185 DGBA. GAD. No. H- 4141/42.01.001/ 2005-06 October 20, 2005 The Chairman/Chairman and Managing Director All Agency Banks including Jammu and Kashmir Bank Ltd. Dear Sir, New Major Head for Securities Transaction Tax- Clarification We invite your attention to our circular DGBA.GAD.No.H-297/42.01.001/2005-06 dated July 18, 2005 advising you about the new major and minor heads for Securities Transaction Tax. In this connection, further clarification regardi

RBI/2005-06/174 DGBA. GAD. No.H 3095/41.07.001/2005-06 October 06, 2005 Chairman & Managing Director/Managing Director All Agency Banks Dear Sir, Conduct of Government business – Providing e-payment facilities to Tax Payers - Guidelines for Internet Banking We have been receiving references from Agency banks seeking our permission for introducing e-payment arrangement for collection of taxes on behalf of Government Departments. 2. In this connection, we feel that

RBI/2005-06/97 Ref. DGBA.GAD. No.H. 488 /42.01.034 /2005-06 August 6, 2005The Chairman/Chairman and Managing Director All Agency Banks including Jammu and Kashmir Bank Ltd. Dear Sir, Tax Counterfoil for Cash Payments/ Debit to A/c. with the designated branch As you are aware, under Online Tax Accounting System (OLTAS), banks are required to deliver taxpayers’ counterfoil across the counter in case of cash payments or where amount is collected by transfer entry in the

RBI/2005-06/98 DGBA. GAD. No. H- 492 /42.01.034/ 2005-06 August 6, 2005 The Chairman/Chairman and Managing Director All Agency Banks including Jammu and Kashmir Bank Ltd. Dear Sir, OLTAS- Software Validations at Banks As you are aware, validation of software of banks is essential for ensuring quality of data transmitted by banks to TIN and CAS, RBI, Nagpur under OLTAS. One of the reasons for errors in the data reported has been attributed to non-validation of the soft

RBI/2005-06/96 Ref.No.DGBA.CDD.13.01.299 / H - 739 -768 / 2005-06 August 5, 2005 Shravana 14, 1927 (S) The Chairman/ Managing Director State Bank of India/Associate Banks/ 17 Nationalised Banks/ UTI Bank Ltd., ICICI Bank Ltd., HDFC Bank Ltd., IDBI Bank Ltd./ Stock Holding Corporation of India Ltd. Dear Sir, Submission of Annual Information Return relating to issue of Bonds for Rs. 5 lakh or more under Section 285 BA of Income Tax Act, 1961 You have been authorized to

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

RBI/2005-06/86 DGBA. GAD. No. H-412 /42.01.034/ 2005-06 July 30, 2005 The Chairman/Chairman and Managing Director All Agency Banks including Jammu and Kashmir Bank Ltd. Dear Sir, Data Entry Errors – OLTAS It has been reported by Directorate of Income Tax (systems) that there are still a large number of data entry errors in respect of the following two fields, while reporting data under On Line Tax Accounting System (OLTAS): i. Assessment year ii. Minor Head 2. In this