What is the meaning of Oltas on Nsdl site and what is the use of it .
plz can someone explain to me .
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Meaning Of OLTAS
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ONLINE TAX ACCOUNTING SYSTEM
| Originally posted by : Swapnil Shah ( pune) | ||
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ONLINE TAX ACCOUNTING SYSTEM |
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It is a system introduced in April, 2004 for collection, accounting and reporting of the receipts and payments of Direct Taxes on-line through a network of bank branches. The tax payers’ data flow from banks directly to Tax Information Network (TIN) maintained by National Securities Depository Ltd.
www.gyandaata.com/notes
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