|
| ||||
Home>>Bare Acts>>Back to Index | |||||
| |||||
5. Authorisation of e-Return Intermediary.- (1) The e-Return Administrator may authorise one or more companies, having adequate financial capacity, physical and Information Technology infrastructure, proven experience in the field of providing financial services, to be an e-Return Intermediary as per the guidelines issued by the Board from time to time in this behalf: Provided that no company which has defaulted in payment of income tax or having a criminal record shall be authorised to be an e-Return Intermediary. (2) A Company desirous to be authorised as an e-Return Intermediary may submit an application to the e-Return Administrator. (3) The e-Return Administrator shall evaluate the technical suitability of a company including successful check for data transmission before authorising it to be an e-Return Intermediary. (4) Notwithstanding anything contained in sub-para (1) and (3), the Board may authorise a company to be an e-Return Intermediary for the financial year 2003-04. (5) The e-Return Administrator shall issue an identification Number to be called e-Return Intermediary Identification Number (ERIIN) and a password to each e-Return Intermediary, which shall be valid for a particular financial year. (6) The Board may revoke the authorisation of an e-Return Intermediary, on grounds of improper conduct, misrepresentation, unethical practices, fraud or established lack of service to the eligible persons, or on such other ground as it may deem fit. | |||||
| |||||
| |||||
| |||||
Home | Law Dictionary | Law Schools | Law Digest | Bare Acts | Disclaimer | Privacy Policy | |||||
| |||||
|
Copy right : Indu Info (All rights reserved)