Statement periodicity changed: prescribed reporting periods now replace fixed quarterly dates under tax collection rules. The proviso to the provision is amended to substitute the requirement to prepare quarterly statements for specified quarter-end dates with a requirement to 'prepare such statements for such period as may be prescribed,' thereby replacing fixed quarterly reporting dates with prescribed reporting periods and delegating the determination of reporting intervals to subordinate prescription, effective from the stated commencement date in the amendment.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Statement periodicity changed: prescribed reporting periods now replace fixed quarterly dates under tax collection rules.
The proviso to the provision is amended to substitute the requirement to prepare quarterly statements for specified quarter-end dates with a requirement to "prepare such statements for such period as may be prescribed," thereby replacing fixed quarterly reporting dates with prescribed reporting periods and delegating the determination of reporting intervals to subordinate prescription, effective from the stated commencement date in the amendment.
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