https://www.taxtmi.com/circulars?id=5171 Finance Act, 2005 added fringe benefit tax and banking cash transaction tax, requiring OLTAS and challan revisions. ITNS 280 remains for Major Heads 0020 and 0021 and must accept payments for non consecutive or block assessment periods. ITNS 281 continues for TDS/TCS with new three digit sub minor head codes under Section 206C for specified collection categories. ITNS 282 now includes Securities Transaction Tax as Major Head 0034 and Wealth Tax as Major Head 0032. A new ITNS 283 is created for Banking Cash Transaction Tax (Major Head 0036) and Fringe Benefit Tax (Major Head 0026) with minor heads for Advance, Self Assessment and Regular Assessment taxes. Banks must update OLTAS and notify branches. en-us Mon, 04 Jul 2005 00:00:00 +0530 Mon, 11 Aug 2008 17:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=5171 Finance Act, 2005 added fringe benefit tax and banking cash transaction tax, requiring OLTAS and challan revisions. ITNS 280 remains for Major Heads 0020 and 0021 and must accept payments for non consecutive or block assessment periods. ITNS 281 continues for TDS/TCS with new three digit sub minor head codes under Section 206C for specified collection categories. ITNS 282 now includes Securities Transaction Tax as Major Head 0034 and Wealth Tax as Major Head 0032. A new ITNS 283 is created for Banking Cash Transaction Tax (Major Head 0036) and Fringe Benefit Tax (Major Head 0026) with minor heads for Advance, Self Assessment and Regular Assessment taxes. Banks must update OLTAS and notify branches. Circulars Income Tax Mon, 04 Jul 2005 00:00:00 +0530 https://www.taxtmi.com/circulars?id=5171