Tax clearance certificate requirement ensures disclosure of liabilities and AO certification before property registration proceeds. Application for a certificate under section 230A(1) requires detailed applicant identification and tax-assessment particulars, disclosure of existing liabilities under specified tax enactments, description of the property transaction and nature of interest, acquisition cost and funding sources, and identification of beneficial owners where applicable. The applicant must declare correctness and sign according to prescribed authorisation rules, submit the application in duplicate with the document copy, and obtain an Assessing Officer's certification regarding assessment status, provision for taxes and whether registration would prejudice tax recovery.
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Provisions expressly mentioned in the judgment/order text.
Tax clearance certificate requirement ensures disclosure of liabilities and AO certification before property registration proceeds.
Application for a certificate under section 230A(1) requires detailed applicant identification and tax-assessment particulars, disclosure of existing liabilities under specified tax enactments, description of the property transaction and nature of interest, acquisition cost and funding sources, and identification of beneficial owners where applicable. The applicant must declare correctness and sign according to prescribed authorisation rules, submit the application in duplicate with the document copy, and obtain an Assessing Officer's certification regarding assessment status, provision for taxes and whether registration would prejudice tax recovery.
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