Receipt requirement: Issuers must provide a receipt for every payment or recovery made under the Income-tax Act. A mandatory obligation requires issuance of a receipt for any money paid or recovered under the Income-tax Act, creating a documentary requirement on the recipient to furnish evidence of payment or recovery and thereby providing a formal record for transactions under the Act.
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.
Receipt requirement: Issuers must provide a receipt for every payment or recovery made under the Income-tax Act.
A mandatory obligation requires issuance of a receipt for any money paid or recovered under the Income-tax Act, creating a documentary requirement on the recipient to furnish evidence of payment or recovery and thereby providing a formal record for transactions under the Act.
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