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

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