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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.... section 80C of the Income-tax Act Circular 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-ta....

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....t, 1961, subject to the following:- (i) Though the trustees can make payments up to certain limits without the production of estate 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....