Exemption from production of Estate Duty Clearance Certificate by the legal heirs of deceased members of provident funds referred to in section 80C of the Income-tax Act

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....ular No. 343 Dated 29/5/1982 To All Controllers of Estate Duty/Commissioners of Income-tax. Sir, Subject: Exemption from production of Estate Duty Clearance Certificate by the legal heirs of deceased members of provident funds referred to in section 80C of the Income-tax Act. I am directed to refer to Board's Circular No. 263 See[1981] ITR (St.) 7. (F. No. 296/8/76-ED), dated November 29, 1....

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....tate duty clearance certificate, their statutory liability remains unaffected. (ii) If subsequently any amount is claimed by the estate duty authorities due to any liability arising under the Estate Duty Act, the liability would be met from the Reserve and Forfeiture Account of the Fund and realised subsequently by the trustees, wherever possible from the payees on the strength of the indemnity b....