Tax credit certificate loss in tax office: allow refund or adjustment without demanding duplicate, ensure no double credit. If an assessee has duly produced a Tax Credit Certificate before an Income-tax Officer but the certificate is later lost in the Income-tax Office, paragraph 15's duplicate-certificate rule-meant for losses attributable to the assessee-does not apply; the officer should allow adjustment or refund without requiring a duplicate, after ensuring the correct amount is paid and that no duplicate credit or refund is given. The same rule applies to other Tax Credit Certificate Schemes.
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 credit certificate loss in tax office: allow refund or adjustment without demanding duplicate, ensure no double credit.
If an assessee has duly produced a Tax Credit Certificate before an Income-tax Officer but the certificate is later lost in the Income-tax Office, paragraph 15's duplicate-certificate rule-meant for losses attributable to the assessee-does not apply; the officer should allow adjustment or refund without requiring a duplicate, after ensuring the correct amount is paid and that no duplicate credit or refund is given. The same rule applies to other Tax Credit Certificate Schemes.
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