Question ID :
41078
Certificate in relation to Section 281 of Income Tax Act
While providing loan facility and creating charge on asset of the Company, bank / financial institution is asking for a certificate in relation to Section 281 of Income tax Act. Can Chartered Accountants issue such certificate or it shall be given by the Assessing Officer only?
Posted by
NISHIL KHANDHAR
on
Jun 18, 2021
Filed Under
DIRECT TAXES
It is issued by AO. The form should be filled online on the website to obtain this certificate. CA cannot issue it.
Posted by
CA. chunauti dholakia on
Jun 21, 2021
Answer ID :
81197
Yes. Chartered Accountant can give this certificate without any doubt.
Posted by
CA. JHA SHANKAR KUMAR on
Jul 17, 2021