Tax clearance exemption: grant only in genuine cases with paid taxes, adequate assets, or a suitable guarantee. The Board directs that exemption certificates under the proviso to section 230(1) be issued only in absolutely genuine cases and only where outstanding taxes have been paid, adequate assets in India exist to satisfy present or potential tax demands, or a suitable guarantee is furnished by the applicant; officers must apply greater care when exercising their discretion to issue such certificates to protect revenue.
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.
Tax clearance exemption: grant only in genuine cases with paid taxes, adequate assets, or a suitable guarantee.
The Board directs that exemption certificates under the proviso to section 230(1) be issued only in absolutely genuine cases and only where outstanding taxes have been paid, adequate assets in India exist to satisfy present or potential tax demands, or a suitable guarantee is furnished by the applicant; officers must apply greater care when exercising their discretion to issue such certificates to protect revenue.
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