Interest tax classification moved to a separate major accounting head, standardizing revenue presentation and recordkeeping. Collections under the Interest Tax Act are to be accounted for under Major Head 024 - Interest Tax, with specified minor heads and sub heads opened for collection streams and receipts awaiting transfer; correction slips to the list of major and minor heads will be issued to implement this reclassification.
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Provisions expressly mentioned in the judgment/order text.
Interest tax classification moved to a separate major accounting head, standardizing revenue presentation and recordkeeping.
Collections under the Interest Tax Act are to be accounted for under Major Head 024 - Interest Tax, with specified minor heads and sub heads opened for collection streams and receipts awaiting transfer; correction slips to the list of major and minor heads will be issued to implement this reclassification.
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