Use of correct challans ensures proper classification of corporation-tax, income-tax and surcharge and accurate accounting. The instruction requires immediate supply and use of appropriate challans and correct sub headwise completion of challan counterfoils to ensure accurate classification of direct tax receipts. It emphasises the distinct accounting treatment of Corporation tax, Income tax (divisible with States), Interest tax, and Surcharge (Union), directs local printing or stamping of account heads if forms are unavailable, and mandates organisational meetings and taxpayer education to prevent misclassification.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Use of correct challans ensures proper classification of corporation-tax, income-tax and surcharge and accurate accounting.
The instruction requires immediate supply and use of appropriate challans and correct sub headwise completion of challan counterfoils to ensure accurate classification of direct tax receipts. It emphasises the distinct accounting treatment of Corporation tax, Income tax (divisible with States), Interest tax, and Surcharge (Union), directs local printing or stamping of account heads if forms are unavailable, and mandates organisational meetings and taxpayer education to prevent misclassification.
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