Hope this helps! Whereas I, XYZ, age XYZ years, residing XYZ am a regular assessee of Income Tax Act and have been filing income tax returns regularly under PAN XYZ That for AY XYZ I had filed return of income on XYZ under machine no XYZ with Ward XYZ and had claimed a refund of XYZ for the same. I hereby state that I have neither received the said refund nor any intimation under section 143(1) for the same. I had asked for the refund with the Ward XYZ. It was learnt that the said return of income was not traceable in the income tax offices. On the suggestion of the Income Tax Officer under Ward XYZ and in order to avoid any further correspondence and/or legalities regarding the said refund I do hereby execute this Indemnity Bond in order to complete the records. That I, XYZ, for and behalf of myself ,do hereby bind myself further guarantee that I shall indemnify the IT Department and/or the Government of India for the same and further guarantee tha I shall imdemnify the IT Department and/or the Government of India to the extent of obligation under law in respect of and in relation to the refund for the assessment year XYZ In witness whereof I do hereby, hereunder set my hand and seal on this Indemnity Bond on this XYZth day of XYZ. Signed/-
English bond use a lot of facing brick, but it stability is higher than stretches bond.
Electrons participating in the chemical bond is valence electrons or the electrons present in the outer shell
That is likely the Aston Martin DB5, which has appeared in six Bond films to date.
electrons
From Russia with Love
Stamp duty for an indemnity bond typically does not change based on whether it is attested by a witness. The stamp duty is usually calculated based on the value of the bond and the relevant regulations in the jurisdiction where the bond is being executed. It is important to check with local authorities or legal experts for specific guidance.
When the person acquired their license bond they signed an indemnity agreement. That indemnity agreement states that if there is a claim paid out on the bond the person or persons who signed the indemnity are responsible to repay to the surety all costs associated with said claim. Once there has been a loss on the persons license bond it will be very difficult if not impossible for that individual to get another bond until the claim has been repaid.
no bond is not an optional money. A cheque can be a form of optional money.
Surety Cos...frequnrlty same as insurance Cos
3 months
Rs.100
Insurance contract with an insurance company Indemnity bond
Indemnity bonds can vary in cost based on the state one lives in. Typically you can get $1000 worth of coverage for about $100. The cost may also be based on book value.
Indemnity bonds can vary in cost based on the state one lives in. Typically you can get $1000 worth of coverage for about $100. The cost may also be based on book value.
It depends on whether it is worded into the contract with the insurance company supplying the indemnification bond.
Most likely because the indemnity bond lobby has done its job. Clearly, a matter of way too many greedy lawyers influencing our way, way too many government employees. People without real work to do fill the hours dreaming up stuff like this.
Basing on the credibility of the individual or organization, Banker assures (assurance is no guarentee as per Law ?) and counter signs on their behalf as a second signatory. This is indemnity bond. Banker takes margin money and basing on the limits available to the industry, banker issues bank guarentee. In this case, Banker is the first signatory which is more stronger in terms of payment to the concerned. Any comments Please!....chandiprasad