Cut-off time for e-payment transactions: same-day credit before evening cut-off, later receipts treated next working day. E-payment receipts received up to 8:00 PM are to be treated as received on that day; receipts after that time are treated as received on the next working day. This rule determines the reckoning of tax deposit deadlines, remittance to RBI CAS Nagpur, delayed remittance calculations and penal interest. Nominated banks must ensure cyber receipts under EASIEST show CIN, unique transaction number, payment details and the clear date and time of the transaction, and be issued implementing instructions.
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Provisions expressly mentioned in the judgment/order text.
Cut-off time for e-payment transactions: same-day credit before evening cut-off, later receipts treated next working day.
E-payment receipts received up to 8:00 PM are to be treated as received on that day; receipts after that time are treated as received on the next working day. This rule determines the reckoning of tax deposit deadlines, remittance to RBI CAS Nagpur, delayed remittance calculations and penal interest. Nominated banks must ensure cyber receipts under EASIEST show CIN, unique transaction number, payment details and the clear date and time of the transaction, and be issued implementing instructions.
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