Exemption from production of Estate Duty Clearance Certificate by the legal heirs of deceased members of provident funds governed by Central Board of Trustees of the Central Provident Fund and also provident funds referred to in section 80C of the I.T.

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.... members of provident funds governed by Central Board of Trustees of the Central Provident Fund and also provident funds referred to in section 80C of the I.T. Act, 1961 Circular No. 381 Dated 1/5/1984 Attention is invited to Board's Circulars No. 263 (F. No. 296/8/76-ED), dated November 29, 1979, [See [1981] 132 ITR (St.) 7] and No. 343 (F. No. 296/3/78-ED-Vol-II), dated May 29, 1982 [See [198....

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....t exceed Rs. 10,000, the claimant could submit an affidavit and an indemnity bond as is required for payment under the Provident Fund Scheme. 2. Keeping in view the revised exemption limit of Rs. 1,50,000 provided by the Estate Duty (Amendment) Act, 1982, it has been decided to increase the limit of Rs. 25,000 mentioned above to Rs. 50,000, subject to the following: (i) Though the trustees can m....