Standing Order No. 682/2017 of the Energy Department, Government of Assam dated 6th March, 2017 on the distribution of dividends [C19-8ZN]

Standing Order No. 682/2017

GOVERNMENT OF ASSAM

Energy Department, Government of Assam

Dispur, dated the 6th March, 2017

STANDING ORDER

To

All Assessings Officer of the charge,

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 Energy 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 Joint Commissioner within fifteen days, accompanied by a fee of one hundred rupees.

3. The Assessing Officer of the charge shall ensure that challan is dealt with as directed above, and shall report compliance to the Joint Commissioner within fifteen days.

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

(Secretary to Government)