Rule 228 — Forms and certificates for the purposes of section 420

Parent Act Section(s): Section 420

Full Text

Forms and certificates for the purposes of section 420.— (1) An undertaking to be furnished to the prescribed authority by a person not domiciled in India from the persons referred to in clause (i) or (ii) of the longline in section 420(1), as the case may be, shall be in Form No. 154. (2) A no-objection certificate to be issued by the prescribed authority under section 420(1) shall be in Form No. 155 and shall be valid for the period mentioned therein. (3) The information to be furnished by a person domiciled in India shall be in Form No. 156. (4) Every application under section 420(4) shall be made in Form No. 157. (5) Every application under section 420(5) may be made in Form No. 158. (6) A tax clearance certificate issued under section 420(5) shall be in Form No. 159 and shall be valid for the period mentioned therein. (7) A copy of the undertaking referred to in sub-rule (1) and the no-objection certificate referred to in sub-rule (2) shall be forwarded to the Chief Commissioner of Income-tax or Director General of Income-tax, as the case may be, having jurisdiction over the persons referred to in section 420(1).

[To be populated — interpretive notes, circular references, case law pointers]