Equalisation levy processing scheme sets defined institutional roles and electronic filing requirements for statement submission. The scheme defines terms for centralised processing of equalisation levy statements, identifying controlling statutes and institutional roles (Centre, ... Summary
Equalisation levy processing scheme sets defined institutional roles and electronic filing requirements for statement submission.
The scheme defines terms for centralised processing of equalisation levy statements, identifying controlling statutes and institutional roles (Centre, Commissioner, Director General) and relying on Income-tax Act definitions. It provides electronic filing concepts including a registered electronic account, a designated portal for submissions, a wide definition of e-mail, and specifies that "Equalisation Levy Statement" means the statement furnished under the Act.
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