Verification of income-tax returns: specified persons authorised to verify returns for each taxpayer class and special corporate situations. Section 265 specifies authorised verifiers for returns filed under section 263 by matching taxpayer categories to designated persons: individuals (self, guardian, competent person or authorised attorney); Hindu undivided families (karta or adult member); firms and LLPs (managing partner, designated partner or alternate partner/prescribed person); companies (managing director or alternate/prescribed person; non-resident by power of attorney; liquidator for winding up; principal officer where government takes over; insolvency professional in admitted insolvency); and principal officers or competent persons for local authorities, political parties, associations and other persons.
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.
Verification of income-tax returns: specified persons authorised to verify returns for each taxpayer class and special corporate situations.
Section 265 specifies authorised verifiers for returns filed under section 263 by matching taxpayer categories to designated persons: individuals (self, guardian, competent person or authorised attorney); Hindu undivided families (karta or adult member); firms and LLPs (managing partner, designated partner or alternate partner/prescribed person); companies (managing director or alternate/prescribed person; non-resident by power of attorney; liquidator for winding up; principal officer where government takes over; insolvency professional in admitted insolvency); and principal officers or competent persons for local authorities, political parties, associations and other persons.
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