TMI BlogInterest Tax accounting under a separate major Head.X X X X Extracts X X X X X X X X Extracts X X X X ..... resent interest tax is accounted for under the minor head collection under interest Tax Act 1974 below the major Head 028-taxes on Income and Expenditure. With the re-imposition of Interest Tax w.e.f. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... decided that the following minor heads and sub-heads of accounts should be opened under the major head "024-Interest Tax". MAJOR HEAD MINOR HEAD 024-Interest tax collection under Interest Tax Act 19 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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