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Important Procedures : TAX CLEARANCE FOR PERSONS LEAVING INDIA

 

 

ISSUE OF EXEMPTION CERTIFICATE

In genuine cases where the A.C./I.T.O. (Foreign Section) is satisfied that the person leaving India intends to return to India or he has adequate assets in India from which tax can be recovered if he does not return, instead of a tax clearance certificate, he may issue an exemption certificate which will be in Form No. 34. An exemption certificate may be issued either with the reference to the number of journeys or with reference to the period specified therein.

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