TMI BlogNew accounting codeX X X X Extracts X X X X X X X X Extracts X X X X ..... nted for under a separate new minor head "Collection under Interest Tax Act, 1974" under the major head "028 other taxes on Income and Expenditure". It has also been decided that the following sub-heads should be opened under the minor head "Collection under Interest Tax Act, 1974" :- (a) Advance Interest Tax from Banks which are companies. (b) Ordinary collections of Interest Tax from Banks w ..... X X X X Extracts X X X X X X X X Extracts X X X X
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