Clearance certificate consultation requirement: tax officers must obtain TRO reports before issuing certificates to defaulters with TRCs. Income-tax Officers must obtain reports from the concerned Tax Recovery Officers before issuing clearance certificates under section 230A in cases where ... Summary
Clearance certificate consultation requirement: tax officers must obtain TRO reports before issuing certificates to defaulters with TRCs.
Income-tax Officers must obtain reports from the concerned Tax Recovery Officers before issuing clearance certificates under section 230A in cases where Tax Recovery Certificates have been issued, because the existence of a TRC indicates an existing liability and issuing certificates without TRO consultation can allow defaulters to alienate attached property and frustrate recovery.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.