Form No. 150 - Form for furnishing accountant certificate under section 398(2) for person responsible for collection of tax as per section 394(1)[Table: Sl. No. 1 to 5 and 9] not to be deemed to be an assessee in default
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Accountant certificate for tax collection compliance under section 398(2) sets out transaction details, return filing, and income accounting requirements. Form No. 150 prescribes the format for furnishing an accountant's certificate under section 398(2) in relation to collection of tax under section 394(1). The form captures particulars of the seller, the collector, the buyer, and the transaction, including amounts involving non-collection or short-collection of tax, interest under section 398(3)(a), and payment details. Annexure A requires the accountant to certify receipt of income, filing of return, accounting of the sum in taxable income, and truth and completeness of the information furnished.
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Provisions expressly mentioned in the judgment/order text.
Accountant certificate for tax collection compliance under section 398(2) sets out transaction details, return filing, and income accounting requirements.
Form No. 150 prescribes the format for furnishing an accountant's certificate under section 398(2) in relation to collection of tax under section 394(1). The form captures particulars of the seller, the collector, the buyer, and the transaction, including amounts involving non-collection or short-collection of tax, interest under section 398(3)(a), and payment details. Annexure A requires the accountant to certify receipt of income, filing of return, accounting of the sum in taxable income, and truth and completeness of the information furnished.
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