Head wise tax collection reporting: updated statement proforma required to align collections with revised account heads. Revised reporting requirement mandates use of a modified Monthly Additional Information Statement to report net collections head wise and charge wise following reclassification of minor and sub heads of direct tax receipts; several prior minor/sub heads have been abolished and a revised proforma has been prescribed for Income tax, Corporation tax and Interest tax collections, to be used from the month following issuance.
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Head wise tax collection reporting: updated statement proforma required to align collections with revised account heads.
Revised reporting requirement mandates use of a modified Monthly Additional Information Statement to report net collections head wise and charge wise following reclassification of minor and sub heads of direct tax receipts; several prior minor/sub heads have been abolished and a revised proforma has been prescribed for Income tax, Corporation tax and Interest tax collections, to be used from the month following issuance.
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