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of <h1>CBDT Updates Proforma for Interest-Tax Estimates; New Deadlines: Nov 5 for 6-Monthly, Dec 20 for 9-Monthly Submissions.</h1> The circular, dated October 13, 1978, from the Central Board of Direct Taxes (CBDT), revises the proforma for submitting 6-monthly and 9-monthly estimates of Interest-tax. This change follows the rationalization of accounts and the discontinuation of interest-tax for scheduled banks after February 28, 1978, as per the Finance Act. The revised proforma aims to streamline the submission process, with deadlines set for November 5 for 6-monthly estimates and December 20 for 9-monthly estimates. The circular emphasizes timely submission to avoid delays in forwarding estimates to the Department of Economic Affairs.
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