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    <title>Seeks to notify special procedure for making payment of 35% as tax liability in first two month</title>
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    <description>Notification permits specified registered persons who opt for quarterly returns to follow a special procedure requiring an advance deposit into the electronic cash ledger in the first and/or second month of a quarter equal to a portion of tax liability computed from the preceding quarter&#039;s return (or last month of the immediately preceding quarter for monthly filers). No deposit is required where electronic cash or credit ledger balances are adequate or where there is nil liability. Eligibility requires furnishing the return for a complete preceding tax period.</description>
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      <description>Notification permits specified registered persons who opt for quarterly returns to follow a special procedure requiring an advance deposit into the electronic cash ledger in the first and/or second month of a quarter equal to a portion of tax liability computed from the preceding quarter&#039;s return (or last month of the immediately preceding quarter for monthly filers). No deposit is required where electronic cash or credit ledger balances are adequate or where there is nil liability. Eligibility requires furnishing the return for a complete preceding tax period.</description>
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      <pubDate>Fri, 11 Dec 2020 00:00:00 +0530</pubDate>
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