Standing Order No. 2645/2012 of the Excise Department, Government of Assam dated 23rd August, 2012 on the distribution of dividends [C15-32C]

Standing Order No. 2645/2012

GOVERNMENT OF ASSAM

Excise Department, Government of Assam

Dispur, dated the 23rd August, 2012

STANDING ORDER

To

All Tax Recovery Officers,

Subject: The distribution of dividends by payers of dividend under the Assam Agricultural Income-tax Act, 1939, regarding.

In exercise of the powers conferred by section 9 of the Assam Agricultural Income-tax Act, 1939 (Assam Act 9 of 1939), the Excise Department, Government of Assam hereby issues the following Standing Order for the guidance of all officers subordinate to it:

1. References have been received seeking clarification on the manner in which section 9 applies to the distribution of dividends by payers of dividend.

2. The matter has been examined. Every payer of dividend carrying on the distribution of dividends shall make an application in Form 15G to the Commissioner within twenty-one days, accompanied by a fee of five hundred rupees.

3. The Tax Recovery Officer shall ensure that demand notice is dealt with as directed above, and shall report compliance to the Commissioner within twenty-one days.

4. Difficulties, if any, in the implementation of this standing order may be brought to the notice of the Excise Department, Government of Assam.

(Secretary to Government)