Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Amendment to Section 204: Government Officers Now Accountable for Tax Transactions Effective July 1, 2012.</h1> Section 204 of the Income-tax Act was amended by the Finance Act, 2012, effective July 1, 2012. The amendment introduced a new clause (iv) specifying that in cases where a sum chargeable under the Act is credited or paid by or on behalf of the Central or State Government, the drawing and disbursing officer or any other designated person responsible for such transactions is accountable.