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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/-

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Q: Proforma of Indemnity Bond if cheque is expaire?
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Related questions

Will the stamp duty for an indemnity bond change if it is attested by witness?

I can try to answer with respect to the legal status of stamp duty indemnity bond in India.Firstly, an indemnity bond, anyway, will have to be attested. In other words, there cannot be a valid indemnity bond without being attested.Secondly, indemnity bond is an instrument which is on the state list of the Indian Constitution, meaning, it is governed by State Statutes. The Bombay Stamp Act, which provides for Stamp Duty in the State of Maharashtra, levies (a straight/ uniform) stamp duty of Rs. 200/- on an indemnity bond executed in Maharashtra.Thus, stamp duty chargeable on an indemnity bond will notchange if it is attested by a witness, rather it has to be compulsorily attested.


What happens when License Bond pays out?

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.


Is bond is a optional money?

no bond is not an optional money. A cheque can be a form of optional money.


Who issues an indemnity bond?

Surety Cos...frequnrlty same as insurance Cos


How long is premium bond cheque valid?

3 months


What is cost of stamped paper required for Indemnity Bond for Income Tax?

Rs.100


What type of contract do you need to get money for your damaged property?

Insurance contract with an insurance company Indemnity bond


How much does it cost for an 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.


How much does it cost for 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.


Does Trustees Indemnity cover criminal charges?

It depends on whether it is worded into the contract with the insurance company supplying the indemnification bond.


Why does a state require an indemnity bond just so they will issue you a title on a vehicle that you can prove you own?

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.


Difference between indemnity bond and bank gaurntee?

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