Notice of demand for banking cash transaction tax: payment required, interest, penalty and recovery consequences apply. Notice of demand requires payment of a specified banking cash transaction tax sum to the designated bank within the stated period, with a challan ... Summary
Notice of demand for banking cash transaction tax: payment required, interest, penalty and recovery consequences apply.
Notice of demand requires payment of a specified banking cash transaction tax sum to the designated bank within the stated period, with a challan supplied; authorised shorter payment periods require supervisory approval, and requests for extensions or instalments must be made before the expiry of that period.
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