Collection of Tax
The bank accepts direct tax like Income Tax, Corporate Tax, Wealth Tax, Gift Tax,
Estate Duty, Indirect tax like Excise duty, Customs duty and Service Tax and State Tax
like Sales tax and Professional Tax through the designated branches. Tax payers are
required to fill up the respective Challans correctly for prompt credit of the Tax amount
to Govt. A/c. In case of payment by cheque, double stamping of dates indicating the date
of tender and date of realization of cheque is affixed on the Challan and the Challan is
released after realization. If the assessee reports loss of receipted copy of Challan, its
duplicate is not issued. Instead a certificate is issued recording the details of Tax
payment.
Click here for State Wise List of Authorised Branches for collection of Direct Taxes
|