https://www.taxtmi.com/acts?id=4128 A representative assessee who pays tax may recover it from the principal or retain equivalent monies coming to him. If he may be assessed as such, he may retain an amount equal to his estimated liability and, on disagreement, obtain an Assessing Officer certificate fixing the sum to be retained pending final settlement; the final recoverable amount is generally limited to that certificate unless he holds additional assets of the principal. en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 04 Jul 2025 15:01:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4128 A representative assessee who pays tax may recover it from the principal or retain equivalent monies coming to him. If he may be assessed as such, he may retain an amount equal to his estimated liability and, on disagreement, obtain an Assessing Officer certificate fixing the sum to be retained pending final settlement; the final recoverable amount is generally limited to that certificate unless he holds additional assets of the principal. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4128