Section 83A
Section 83A
(a)
particulars of payment (whether in monetary form or otherwise) made during that year of assessment to that agent, dealer or distributor;
(b)
name and address of that agent, dealer or distributor; and
(c)
such other particulars as may be required by the Director
General.
(2)
For the purpose of subsection (1), the prescribed form shall be provided to the agent, dealer or distributor not later than 31 March in the year immediately following the year mentioned in that subsection.
Finance 15
(3)
The company shall keep and retain the prescribed form in safe custody and shall make it readily accessible to the Director
General.
(4)
In this section, “agent”, “dealer” or “distributor” means any person who is authorised by a company to act as its agent, dealer or distributor, and who receives payment (whether in monetary form or otherwise) from the company arising from sales, transactions or schemes carried out by him as an agent, dealer or distributor.”.
Amendment of section 97A