Amendment status not verified — confirm the current text below against the official source.
Security - (I) Subject to such rules. as may be prescribed, the prescribed authority may require tbe assessee I proprietor of an entertainment to deposit as security an amount not exceeding and total entertainments tax chargeable for the full fortnight as calculated with reference to the number of exhibitions; Provided that the said authority may - · (i) vary the amount of security form tirne to time if he considers this to be necessary; (ii) forfeit the security in whole or part if the returns are riot furnished on the due date along with the receipt for the payment of the tax in respect of admission otherwise or if the returns are found to be incorrect and false. (iii) adjust in the event of default, the amount of the arrears of entertainments tax due or penalty, if any, from the amount of security and direct the assessee I proprietor to make good the amount of security before the tax for the next fortnight falls due. I serial number 4, 5 and 6 of the schedule: by 7lli day of the month after the expiry of the respective month. Explanation - If the specified date happens to be holiday, the next working day shall be treated to be the payment day.