715/CBDT.

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....earance certificates u/s 230A. It has been found that the Board's instructions issued in this respect are not being followed and the information contained in the applications for certificates is not being properly utilised in the assessments of the parties concerned, thereby defeating the very purpose of Section 230A. 2. Under Board's Instruction No. 175 dated 22-5-1970 applications for tax cle....

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....geable section, although in the latter case, the tax liability may be quantified later by a regular assessment order, the liability to pay the tax would still be there. It is, therefore, necessary that before a certificate u/ 230A is issued, not only the liability which is ascertained on a regular assessment is discharged by the applicant but he should also make a provision for the liability which....