https://www.taxtmi.com/acts?id=6665 Branches of scheduled banks must maintain daily records in Form No.1 of account number, taxable transaction code, value of taxable banking transaction, tax collected, and number and aggregate value of transactions not liable to tax. Four coded categories cover cash withdrawals and term-deposit encashments with aggregation rules for multiple transactions by the same person in a single day. Daily and monthly totals for taxable values, tax collected, and non-liable transaction counts and values are required. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 12 Mar 2009 14:21:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=6665 Branches of scheduled banks must maintain daily records in Form No.1 of account number, taxable transaction code, value of taxable banking transaction, tax collected, and number and aggregate value of transactions not liable to tax. Four coded categories cover cash withdrawals and term-deposit encashments with aggregation rules for multiple transactions by the same person in a single day. Daily and monthly totals for taxable values, tax collected, and non-liable transaction counts and values are required. Act-Rules Direct Taxes Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=6665