TMI BlogClarification on the use of challan forms with only three counterfoils for payment of advance tax and self-assessment taxX X X X Extracts X X X X X X X X Extracts X X X X ..... ee counterfoils for payment of advance tax and self-assessment tax. Some problems have been reported in the implementation of the above decision. It has been reported that banks receiving payment of tax are retaining two counterfoils and returning only one foil to the taxpayer. As the taxpayer is expected to enclose proof of payment of advance tax and self-assessment tax along with the return of i ..... X X X X Extracts X X X X X X X X Extracts X X X X
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