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    <title>Manner of furnishing undertaking under rule 11UE.</title>
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    <description>The rule prescribes a form based procedure for furnishing an undertaking under rule 11UE for indirect transfers before 28 May 2012: submit Form No. 1 to the jurisdictional Principal Commissioner or Commissioner, who must within a short period issue Form No. 2 accepting or reject the undertaking after hearing. After Form No. 2 is granted, conditions must be fulfilled and an intimation in Form No. 3 filed within a further statutory period (subject to limited extension), failing which the intimation is invalid and treated as never filed. Where specified procedural and withdrawal conditions are met, Form No. 3 may be dispensed with and relief considered on the basis of Form No. 2.</description>
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      <title>Manner of furnishing undertaking under rule 11UE.</title>
      <link>https://www.taxtmi.com/acts?id=40323</link>
      <description>The rule prescribes a form based procedure for furnishing an undertaking under rule 11UE for indirect transfers before 28 May 2012: submit Form No. 1 to the jurisdictional Principal Commissioner or Commissioner, who must within a short period issue Form No. 2 accepting or reject the undertaking after hearing. After Form No. 2 is granted, conditions must be fulfilled and an intimation in Form No. 3 filed within a further statutory period (subject to limited extension), failing which the intimation is invalid and treated as never filed. Where specified procedural and withdrawal conditions are met, Form No. 3 may be dispensed with and relief considered on the basis of Form No. 2.</description>
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