<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Denial of income-tax clearance certificate to contractors on levy of penalty for concealment and/or conviction - Guidelines therefor</title>
    <link>https://www.taxtmi.com/circulars?id=4563</link>
    <description>Denial of income-tax clearance certificates is required for contractors penalised for concealment or convicted for specified tax or penal offences on or after April 1, 1975; the prohibition lasts three years from the penalty order (or Tribunal confirmation if appealed) or from the conviction order, and where both penalty and conviction arise it runs from the earlier of conviction or Tribunal confirmation. The clearance application form was amended to require disclosure of penalties, convictions, five-year contract receipts, assessment particulars and partner details, and the revised proforma is mandatory for subsequent applications.</description>
    <language>en-us</language>
    <pubDate>Mon, 24 Mar 1975 00:00:00 +0530</pubDate>
    <lastBuildDate>Wed, 30 Jul 2008 16:30:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=258876" rel="self" type="application/rss+xml"/>
    <item>
      <title>Denial of income-tax clearance certificate to contractors on levy of penalty for concealment and/or conviction - Guidelines therefor</title>
      <link>https://www.taxtmi.com/circulars?id=4563</link>
      <description>Denial of income-tax clearance certificates is required for contractors penalised for concealment or convicted for specified tax or penal offences on or after April 1, 1975; the prohibition lasts three years from the penalty order (or Tribunal confirmation if appealed) or from the conviction order, and where both penalty and conviction arise it runs from the earlier of conviction or Tribunal confirmation. The clearance application form was amended to require disclosure of penalties, convictions, five-year contract receipts, assessment particulars and partner details, and the revised proforma is mandatory for subsequent applications.</description>
      <category>Circulars</category>
      <law>Income Tax</law>
      <pubDate>Mon, 24 Mar 1975 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/circulars?id=4563</guid>
    </item>
  </channel>
</rss>