Why in news To get tax clearance certificates for going abroad, the government said only those accused of financial irregularities or hav...
Why in news
To get tax clearance certificates for going abroad, the government said only those accused of financial irregularities or having huge tax arrears needed them
It’s proposed to add the reference of the Black Money Act, 2015, to the list of Acts under which any person should clear his liabilities to obtain the certificate
Income Tax Department, had specified that the certificate may be required only in case of :
serious financial irregularities and investigation of cases under the Income Tax or
Wealth Tax Act requiring a person’s presence and leading to a tax demand, or
If a person has direct-tax arrears exceeding ₹10 lakh
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