https://www.taxtmi.com/notifications?id=5392 Scheduled banks must maintain daily particulars of taxable banking transactions at each branch in Form No.1, classify transactions by prescribed codes, remit collected banking cash transaction tax to the Central Government via RBI, SBI or authorised banks with a challan, and furnish monthly statements in Form No.2 on specified computer media. Annual returns in Form No.3 with Schedules A and B on prescribed media are due by 31 July following the financial year. Returns and electronic submissions must be signed and verified by authorised officers; notices, demands, refunds and appeals follow prescribed forms and procedures. en-us Mon, 30 May 2005 00:00:00 +0530 Wed, 01 Oct 2008 14:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=5392 Scheduled banks must maintain daily particulars of taxable banking transactions at each branch in Form No.1, classify transactions by prescribed codes, remit collected banking cash transaction tax to the Central Government via RBI, SBI or authorised banks with a challan, and furnish monthly statements in Form No.2 on specified computer media. Annual returns in Form No.3 with Schedules A and B on prescribed media are due by 31 July following the financial year. Returns and electronic submissions must be signed and verified by authorised officers; notices, demands, refunds and appeals follow prescribed forms and procedures. Notifications Income Tax Mon, 30 May 2005 00:00:00 +0530 https://www.taxtmi.com/notifications?id=5392