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    <title>Income Tax Clearance Certificate/No Objection Certificate from Income Tax Authorities – Revision of format of undertaking and certificate</title>
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    <description>Remitters must furnish revised proforma undertakings accompanied by an accountant&#039;s certificate certifying the nature and amount of income, tax payable and tax paid; authorised dealers and the Reserve Bank shall obtain and forward these documents to the Assessing Officer. The new formats replace earlier proformas to ensure correct deduction of tax at source, require particulars and reasons for nil or lower withholding claims, and reiterate remitter liability for any shortfall with interest and penal consequences.</description>
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    <pubDate>Tue, 26 Nov 2002 00:00:00 +0530</pubDate>
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      <description>Remitters must furnish revised proforma undertakings accompanied by an accountant&#039;s certificate certifying the nature and amount of income, tax payable and tax paid; authorised dealers and the Reserve Bank shall obtain and forward these documents to the Assessing Officer. The new formats replace earlier proformas to ensure correct deduction of tax at source, require particulars and reasons for nil or lower withholding claims, and reiterate remitter liability for any shortfall with interest and penal consequences.</description>
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      <pubDate>Tue, 26 Nov 2002 00:00:00 +0530</pubDate>
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