Payment into Public Account requires a certified tribunal order or liquidator endorsed challan and notice with bank receipt. Payments directed by a Tribunal into the Public Account of India or a designated Scheduled Bank must be made with a certified copy of the order or a payment challan endorsed by the Liquidator; the money is credited to the Liquidator's account and the payer must notify the Liquidator and produce the Bank receipt.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Payment into Public Account requires a certified tribunal order or liquidator endorsed challan and notice with bank receipt.
Payments directed by a Tribunal into the Public Account of India or a designated Scheduled Bank must be made with a certified copy of the order or a payment challan endorsed by the Liquidator; the money is credited to the Liquidator's account and the payer must notify the Liquidator and produce the Bank receipt.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
