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Role of Banks

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Full Text of the Document

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....ionerate can enter the nonfinancial details and thereafter select any bank. (2). If the bank is authorized for collection for that Commissionerate, it will allow the assessee to complete the transaction (enter financial details), else not. (3). The website of participating banks will provide appropriate data entry screen for entry of payment details by the Assessee at their website in a secure m....

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Full Text of the Document

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....ed on the hard copy of the computerized acknowledgement. (7). The Banks will also print details of CIN and the transaction id in the customer's bank account statement/pass book so that the Assessee will have a permanent record of CIN details. (8). Banks should provide facility for re-generation of electronic challan counterfoil on the basis of transaction ID. (9). Banks should prominently d....