Standing Order No. 3707/2022 of the General Administration Department, Government of Assam dated 19th November, 2022 on the distribution of dividends [C15-Z87]

Standing Order No. 3707/2022

GOVERNMENT OF ASSAM

General Administration Department, Government of Assam

Dispur, dated the 19th November, 2022

STANDING ORDER

To

All Income-tax 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 General Administration 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 3CD to the Board within thirty days, accompanied by a fee of one hundred rupees.

3. The Income-tax Officer shall ensure that certificate is dealt with as directed above, and shall report compliance to the Board within thirty days.

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

(Secretary to Government)