Procedure relating to manner of payment.
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....period of one month from the end of the month in which the declaration is made, by way of an order in such form and manner, as may be prescribed. (2) The assessee shall pay the amount determined under sub-section (1) within a period of two months from the end of the month in which the order referred to in the said sub-section was received by him and the payment shall be made in such manner, as ....
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....an order certifying the payment of the amount as per the declaration, shall be communicated electronically to the assessee, in such form and manner, as may be prescribed, within one month from the end of the month of receipt of such intimation. (6) Every order made under sub-section (5) shall be conclusive as to the matters stated therein. - Clauses 114 to 128 of the Bill seeks to insert a....
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.... tax, penalty or fee payable, subject to specified monetary thresholds and conditions; (e) the provisions relating to the manner, form and verification of the declaration and the circumstances in which such declaration shall be deemed invalid; (f) the provisions relating to electronic verification of declarations, determination of the amount payable, time limits for payment, levy....
TaxTMI