Income tax amendment expands payment agents to authorised banks for collection and replaces Treasury references in forms. Defines authorised bank as a bank appointed by the Reserve Bank of India under section 45(1) of the RBI Act and substitutes references to Government Treasury in rule 30 and rule 112(12) with branches of the Reserve Bank of India, the State Bank of India or any authorised bank; inserts 'or the authorised bank' after subsidiaries and omits 'free of charge.' Appendix II forms and notes are amended to replace Treasury/Sub Treasury designations with Manager/authorised bank or a branch of the authorised bank.