Non acceptance of Tax under PMGKY-2016 by banks due to lack of awareness of prescribed challan and certain technical reasons. CBDT direction to banks
F. No. 370/06/20 16-IT(B)
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
North Block , New Delhi
22nd February, 2017
To,
All Pr. Chief Commissioners of Income-Tax
Subject:- Non acceptance of Tax under PM Garib Kalyan Yojna (PMGKY)-regarding.
Madam/Sir,
I am directed to say that it has been brought to the notice of the Board that many banks are not accepting payments of tax/surcharge/penalty under the Prime Minister Garib Kalyan Yojna (PMGKY) due to lack of awareness of prescribed challan and certain technical reasons.
2. Accordingly , the matter was referred to Principal Chief Controller of Accounts, CBDT, for issuance of suitable directions to all the authorized banks for accepting the payment under the The O/o Pr. CCA, CBDT vide its letter No. 101/22/PCCA/287/RC/2017 dated 20.02.2017 had issued the necessary directions to all the authorized banks in this regard . A copy of the same is enclosed for information and necessary action.
Yours faithfully
(Sandeep Singh)
Under Secretary to the Govt. of Ind ia
Tele/Fax 011-2309 4182
Government of India
Ministry of finance,
Department of Revenue
Office of the Principal Chief Controller of Accounts
Central Board of Direct Taxes, 9th floor,
Lok Nayak Bhawan, Khan Market, New Delhi·110003
No. 101/22/PCCA/287/RC/2017/BOI-1334 Dated 20th Feb, 2017
To
The Head of Govt. Business/Accounts Department
All Agency Banks,
Sub. : Non acceptance of Tax under PM Garib Kalyan Yojna (PMGKY)-reagrding
In pursuance to Ministry of Finance, Department of Revenue letter no. xxxxxxxxxxxxxxxxx (copy enclosed along with Format of Challan No. 287) on captioned subject. It is directed to convey that all the authorized banks must receipt the tax/surcharge/penalty under the Prime Minister Garib Kalyan Yojna (PMGKY) as per following rate declared vide above mentioned letter of Min. of Finance, Deptt. of Revenue:-
(i) Tax @ 30% of income declared under the Scheme
(ii) Surcharge @33% of Tax and
(iii) Penalty @10% of Income declared under the Scheme
2. Accordingly, all the heads of the authorized banks are requested to issue suitable directions to all authorized branches for making necessary changes in their system/software to accept the aforesaid tax etc.
3. Non compliance of this order may be viewed seriously and may leads to de-authorisation of that branch in case of refusal to accept taxes etc.
This Issues with the approval of Competent Authority.
(Dr. Dilip Kumar)
Controller of Accounts
Tel . No. 011-24645053
