Form For Obtaining Income Tax Clearance Certificate Under Section 230a, Income Tax Act, 1961 - Legal Draft

Form No. 34AApplication for a

certificate under section 230A(I) of the Income-tax Act, 1961To,The Assessing

Officer,............................................

............Sir,I, request that a

certificate under sub-section (1) of section 230A of the Income-tax Act, 1961,

be granted to me. I give below the necessary particulars:1.

Full

name and address of applicant (in block letters)2.

Status

(whether individual, HUF, etc.)3.

Name

of father (or husband)(To be filled in if the applicant is an individual)4.i.

In

case any assessment has been made on the applicant under the Indian Income-tax

Act, 1922/Income-tax Act, 1961/Wealth-tax Act, 1957/Expenditure-tax Act,

1957/Gift-tax Act, 1958 name of Income-tax Circle/Ward/District in which such

assessment in respect of the latest year was made.ii.

If

no assessment has been made as stated above, whether a return has been

submitted under any of the said Acts for any year, and if so, the amount of

income/wealth/ expenditure/gift returned for each such year and the

Circle/Ward/District where such return has been filed.1.2.3.4.5.i.

Names

and addresses of all firms or associations of persons or bodies of individuals

in which applicant is a partner or member and the Income-tax Circle/Ward/

District in which each such firm or association of persons or body of

individuals is assessed to tax.ii.

Names

and addresses of all private limited companies in which applicant is or has

been a director at any time after 1st April, 1962 and the Circle/Ward/District

in which each such company is assessed to tax.6. Particulars of

existing tax liability as on the date of the application under-CAP/Asst. year Amount

Rs.a. the Excess Profit Tax

Act, 1940b. the Business Profits

Tax Act, 1947c. the Indian Income-tax

Act, 1922d. the Income-tax Act,

1961e. the Wealth-tax Act,

1957f. the Expenditure-tax

Act, 1957g. the Gift-tax Act,

1958(if there is no

existing liability against " applicant on the date of the application under

any one of the aforesaid Acts, this should be indicated by writing 'Nil'

against the name of the relevant Act).7.i.

Nature

of the document i.e. whether a deed of sale, gift, settlement, lease, etc.

proposed to be registered.ii.

Mature

of applicant's right, title or interest to or in the property purported to be

transferred, assigned, limited or extinguished.1.2.3.4.5.6.7.8.

.i.

In

case the transferor is not the beneficial owner of or has no beneficial right

or interest in the property proposed to be transferred, the name(s) and

addressees) of the beneficial owner/owners.ii.

In

case the property is held by the applicant as a trustee, agent, guardian or in

any other capacity on behalf of any person or persons, the name(s) and

addresses) of such other person/persons.9.

In

case where the applicant is a trustee the particulars of all existing tax

liabilities. if any, of the beneficiary(ies) of the trust as on the date of

application under-(To be filled in only

if the beneficiary(ies) is/are chargeable to tax).i.

the

Excess Profits Tax Act, 1940ii.

the

Business Profits Tax Act, 1947iii.

the

Indian Income-tax Act, 1922iv.

the

income-tax Act, 1961v.

the

Wealth-tax Act, 1957vi.

the

Expenditure-tax Act, 1957i.aii.aiii.aiv.av.avi.a

the

Gift-tax Act, 1958(Particulars should

be given in a separate sheet if there is more than one such beneficiary).10.

Date

on which the right, title or interest to or in the property concerned was

acquired.11.

Cost

of acquisition of the property. If the property was constructed by the

applicant, cost of acquisition of the land and the cost of construction.12.

Particulars

of the source or sources from which the cost of acquisition or construction was

met.13.

If

the property or part thereof was acquired under any of the following modes of

acquisition, the particular mode of acquisition applicable to the applicant

should be indicated.i. on any distribution

of assets on the total or partial partition of a Hindu undivided family,ii. under a gift or will,iii.a. by succession,

inheritance or devolution, orb. on any distribution

of assets on the dissolution of a firm, body of individuals or other

association of persons, etc., orc. on any distribution

of assets on the liquidation of company, ord. under a transfer to a

revocable or an irrevocable trust, or any other mode not covered by the above,14. Name and address

of the transferee, assignee, etc.15.i.

Full

value of the consideration for which the property or the right, title or

interest in the property is purported to be transferred.ii.

If

the transfer is to be without consideration, the value for purposes of stamp

duty.1.2.3.4.5.6.7.8.9.10.11.12.13.14.15.16. Particulars of the

property, i.e. its nature, extent, location, area, etc.17. Designation and

address of the registering officer to whom the document has been/will be

presented for registration.18. In case the applicant

has transferred any other property in the financial year, the following

particulars of each such property and details of the transfer deed registered

should be furnished:a. particulars of

property i.e. its nature, extent, location and area,b. name and address of

transferee or assignee,c. consideration stated

in the instrument of transfer,d. date when the

transfer deed was registered and designation and address of the registering

officer.I declare that to the

best of my knowledge and belief, the information furnished above is correct,

complete and is truly stated.Place Yours

faithfully, Date ......................Signature Notes:1. This application

should be signed-a. in the case of an

individual by the individual himself; where the individual is absent from

India, by the individual concerned or by some person duly authorised by him in

this behalf, and where the individual is mentally incapacitated from attending

to his affairs, by his guardian or by any other person competent to act on his

behalf,b. in the case of a

Hindu undivided family, by the karta, and where the karta is absent from India

or is mentally incapacitated from attending to his affairs, by any other adult

member of such family,c. in the case of a

company or local authority, by the principal officer thereof,d. in the case of a

firm, by any partner thereof, not being a minor,e. in the case of any

other association or body of individuals, by any member of the association or

body or the principal officer thereof, andf. in the case of any

other person, by that person or by some person competent to act an his behalf.1.2.

This

application should be submitted in duplicate and should be accompanied by a

copy of the document which is to be registered.ToThe

Registrar/Sub-Registrar,.....................................1.

The

above mentioned applicant has been assessed/is assessable* by me upto

..............................2.

He/She/

it* hasno liabilities

outstanding.made satisfactory

provision for payment of taxes due under the Income-tax Act, 1961, Indian

Income tax Act, 1922, Excess Profits Tax Act, 1940, Business Profits Tax Act,

1947, Wealth-tax Act, 1957, Expenditure-tax Act, 1957 and Gift-tax Act 1958.1.2.3.

The

registration of the document mentioned against item No. 7(i) of the application

will not prejudicially affect the recovery of any of the taxes due under the

Income-tax Act, 1961, Indian Income-tax Act, 1922, Excess Profits Tax Act,

1940, Business Profits Tax Act, 1947, Wealth-tax Act, 1957, Expenditure-tax

Act, 1957 and Gift-tax Act, 1958...........................................SignatureDesignation:

Assessing OfficerWard/District/Circle*Delete the

inappropriate words or paragraphs.