TIOL-DDT 547 · Wednesday, 7 February 2007 · story 5 of 6

O-41 for Service Tax!

We are in receipt of a copy of a letter from a Superintendent’s Association asking the Board to prescribe a register like O-41 for Service Tax. O-41 for the uninitiated was a magical, any day- better than a computer- record of revenue realization. The TEM as it was called is a masterpiece and if our present day administration has a fraction of the vision you can find in the manual, 90% of the confusion prevalent today could be avoided.