https://www.taxtmi.com/news?id=72178 Tax Clearance Certificate in Form 159 is issued by the Assessing Officer in response to Form 158 and is prescribed under section 420(5) of the Income-tax Act, 2025 read with Rule 228 of the Income-tax Rules, 2026. The form records the departing person's identity details and travel-linked validity, is issued through ITBA functionality, and has no statutory timeline for issue. Form 158 is the supporting application, and the note states that the taxpayer cannot leave India without the requisite clearance certificate. en-us Fri, 03 Apr 2026 15:29:42 +0530 Fri, 03 Apr 2026 15:29:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72178 Tax Clearance Certificate in Form 159 is issued by the Assessing Officer in response to Form 158 and is prescribed under section 420(5) of the Income-tax Act, 2025 read with Rule 228 of the Income-tax Rules, 2026. The form records the departing person's identity details and travel-linked validity, is issued through ITBA functionality, and has no statutory timeline for issue. Form 158 is the supporting application, and the note states that the taxpayer cannot leave India without the requisite clearance certificate. News - Fri, 03 Apr 2026 15:29:42 +0530 https://www.taxtmi.com/news?id=72178