Income-tax Clearance Certificate: revised mandatory form requires contractor income, partners and recent contract payment disclosures before contract award. The Income-tax Clearance Certificate proforma for contractors has been amended to require disclosure of income returned, details of partners and contract payments in the last five years; certificates B(i) and B(ii) are omitted, and the revised form is mandated as the sole acceptable application format from the effective date, with all Ministries, subordinate offices, Public Sector Undertakings and procurement agencies instructed to insist on the amended certificate before awarding contracts or orders.
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.
Income-tax Clearance Certificate: revised mandatory form requires contractor income, partners and recent contract payment disclosures before contract award.
The Income-tax Clearance Certificate proforma for contractors has been amended to require disclosure of income returned, details of partners and contract payments in the last five years; certificates B(i) and B(ii) are omitted, and the revised form is mandated as the sole acceptable application format from the effective date, with all Ministries, subordinate offices, Public Sector Undertakings and procurement agencies instructed to insist on the amended certificate before awarding contracts or orders.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
