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of <h1>Ceylon Tax Relief: Finality Certificates Required for Double Taxation Avoidance; Payment Deferral Allowed if Delay Proven.</h1> The circular addresses the issue of delays in obtaining finality certificates from Ceylon income-tax authorities, which are necessary for granting double income-tax relief under the Double Taxation Avoidance Agreement between India and Ceylon. It highlights that some Income-tax Officers have been allowing relief based on assessment notices without requiring these certificates, which is problematic as assessments may change. The Board instructs that no relief should be granted without the finality certificate. However, if there is a delay beyond one year, tax payment can be deferred if the assessee proves the delay was not due to their neglect.
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