Provisional certificate review requires reassessment to withdraw excess dividend relief and notify commissioners promptly and report to the Board. Review provisional certificates issued under section 197(3) during the last four financial years to ascertain whether excess dividend relief under section 80K was allowed due to non revision after regular assessments; ITOs assessing companies must intimate Commissioners so excess relief can be withdrawn from shareholders, and a report identifying counts of certificates, completed assessments, required withdrawals, and sent intimations must be submitted to the Board by 11th November 1974.
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.
Provisional certificate review requires reassessment to withdraw excess dividend relief and notify commissioners promptly and report to the Board.
Review provisional certificates issued under section 197(3) during the last four financial years to ascertain whether excess dividend relief under section 80K was allowed due to non revision after regular assessments; ITOs assessing companies must intimate Commissioners so excess relief can be withdrawn from shareholders, and a report identifying counts of certificates, completed assessments, required withdrawals, and sent intimations must be submitted to the Board by 11th November 1974.
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