Return of aggregate payments received must be furnished in the prescribed form and verified as required under the rules. The rule requires that the aggregate of payments received in respect of chargeable expenditure be furnished as a statutory return in Form No. 3 and be ... Summary
Return of aggregate payments received must be furnished in the prescribed form and verified as required under the rules.
The rule requires that the aggregate of payments received in respect of chargeable expenditure be furnished as a statutory return in Form No. 3 and be verified in the manner indicated in that form, making both filing in the prescribed form and the specified verification procedure mandatory under the Expenditure tax Rules, 1987.
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