Daily collection register reforms require standardized formats for income-tax, TDS, surtax, refunds and control records. Instruction prescribes new standardized formats for the maintenance of Daily Collection Register and Daily Refund Register for income-tax and related levies. Separate DCRs are specified for company and non-company collections for regular, advance and self-assessment tax; a unified TDS DCR covers salary and non-salary deductions with recipient-status classification. Formats include surtax, and provisions allow recording of expenditure and interest tax within amended DCRs. Registers serve as source and control records subject to audit; central printing and contingency local printing are provided, and implementation queries are to be referred to the Board.
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Daily collection register reforms require standardized formats for income-tax, TDS, surtax, refunds and control records.
Instruction prescribes new standardized formats for the maintenance of Daily Collection Register and Daily Refund Register for income-tax and related levies. Separate DCRs are specified for company and non-company collections for regular, advance and self-assessment tax; a unified TDS DCR covers salary and non-salary deductions with recipient-status classification. Formats include surtax, and provisions allow recording of expenditure and interest tax within amended DCRs. Registers serve as source and control records subject to audit; central printing and contingency local printing are provided, and implementation queries are to be referred to the Board.
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