Rule 5 - Furnishing of statement by a scheduled bank of number of taxable banking transactions entered into and banking cash transaction tax collected during a month
Banking Cash Transaction Tax Rules, 2005
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Furnishing of bank transaction statements required; submit monthly on approved computer media with decompression tool and virus-free certificate. Scheduled banks must file a monthly Form No.2 statement of taxable banking transactions and tax collected to the income-tax authority on approved computer ... Summary
Furnishing of bank transaction statements required; submit monthly on approved computer media with decompression tool and virus-free certificate.
Scheduled banks must file a monthly Form No.2 statement of taxable banking transactions and tax collected to the income-tax authority on approved computer media by the end of the month following the reporting month; if data are compressed the corresponding decompression utility or procedure must be supplied, and the submission must include a certificate that the data are clean and virus free.
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