ITCC u/s 281

Deepak Tapse (Accounts Manager - Taxation)   (1771 Points)

07 March 2011  

Our Bank is asking  for Income Tax Clearance Cerfificate u/s 281 for morgauge loan purpose. My question is whether we have to apply to income tax for  ITCC,  As per my knowledge the section 281 is removed, but still bank is asking for the same Pl advise  

Thanks