TaxTMI 
TaxTMI 
Dear Expert,
What is the validity of a CT-3 (time limit) ?
Anand
validity of CT3
13 Dec 2014 
3 Replies 
4084 Views Asked by
CT-3 validity varies by bond period or issuing authority; verify the CT-3 and bond terms for applicability.
Validity of CT-3 depends on the underlying bond period and the issuing authority's stated endorsement; practitioners report practices ranging from limiting CT-3 to the bond period, to treating it as aligned with the financial year absent specific legal backing, to a brief fixed validity from the date of issue, so verification against the bond and the CT-3 issuance is required. (AI Summary)
Validity of CT-3 depends on the underlying bond period and the issuing authority's stated endorsement; practitioners report practices ranging from limiting CT-3 to the bond period, to treating it as aligned with the financial year absent specific legal backing, to a brief fixed validity from the date of issue, so verification against the bond and the CT-3 issuance is required. (AI Summary)