TMI BlogCollection and recovery of banking cash transaction tax.X X X X Extracts X X X X X X X X Extracts X X X X ..... llection and recovery of banking cash transaction tax. 97. (1) Every scheduled bank shall collect the banking cash transaction tax from every person, being a person referred to in clause ( i ) or ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... llowing the said calendar month. (3) Any scheduled bank, who fails to collect the tax in accordance with the provisions of sub-section (1) , shall, notwithstanding such failure, be liable to pay th ..... X X X X Extracts X X X X X X X X Extracts X X X X
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