Seeks to notify special procedure for making payment of 35% as tax liability in first two month
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....rst two months - Notification - Orders - Issued. Revenue (CT-II) Department G.O.Ms.No. 29 Dated: 04-03-2021 Read the following:- 1. Government of India, Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs, New Delhi, Notification No. 85/2020- Central Tax, Dt. 10-11-2020. 2. From the Commissioner of Commercial Taxes, Telangana, Hyderabad, Ref No....
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.... the tax due under proviso to sub-section (7) of section 39 of the said Act, by way of making a deposit of an amount in the electronic cash ledger equivalent to, - (i) thirty five per cent of the tax liability paid by debiting the electronic cash ledger in the return for the preceding quarter where the return is furnished quarterly; or (ii) the tax liability paid by debiting the ....
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