Prior permission under section 281 of the Income Tax Act, 1961 to create a charge on the assets of business - issuance of guidelines - Income Tax

Prior permission under section 281 of the Income Tax Act, 1961 to create a charge on the assets of business - issuance of guidelines CIRCULAR NO. 4/2011 [F. NO. 402/69/2010-ITCC] DATED 19-7-2011 References have been received by the Board regarding issuance of guidelines for granting of prior permission u/s 281 of the IT Act, 1961 to transfer or create a charge on the assets of the assessee. The Board has considered the matter and in order to have uniformity on the issue, it has been decid

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Circular No : 4/2011
Published in Income Tax

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Prior permission under section 281 of the Income Tax Act, 1961 to create a charge on the assets of business - issuance of guidelines

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Prior permission under section 281 of the Income Tax Act, 1961 to create a charge on the assets of business - issuance of guidelines

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