Guidelines for Closing 2014-15 Financial Year: March Transactions Due by April 15; Special Processing Required.

The circular outlines procedures for reporting and accounting of tax and departmental transactions for the financial year 2014-15. It mandates that residual transactions for March 2015 be closed by April 15, 2015. Special arrangements like courier services are advised for timely processing at receiving branches. Nodal/Focal Point branches must prepare separate scrolls for March residual and April transactions to ensure accurate financial year reporting. This procedure applies to both departmentalized and non-civil ministries. Instructions are to be issued immediately to relevant bank branches to facilitate compliance with these guidelines.

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