APPLICATION SEEKING PERMISSION FROM A.O. REGARDING TRANSFER OR CREATION OF CHARGE ON ASSETS UNDER SECTION 281(1) -

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APPLICATION SEEKING PERMISSION FROM A.O. REGARDING TRANSFER OR CREATION OF CHARGE ON ASSETS UNDER SECTION 281(1)

From,

…………………………………..

Dated ………………………..

To,

The Assessing Officer,

Circle/Ward …………………….

Dear Sir/Madam,

Subject : Permission u/s 281 regarding charge of certain assets

PAN No ………………..

We would like to inform that u/s 281 of the Income Tax Act, 1961 for Assessment Year …………………… my client ………………. wants Permission regarding charge of certain assets

We would like to inform that our company has been sanctioned a loan of Rs. …………….. by ……………… vide their letter dated ……………………. (copy enclosed Annexure – 1) .

The said loan shall be granted by IDBI against charge on our ………… premises at ………………….

Therefore requested to grant us permission u/s. 281(1) for the same, so that we can enter agreement with ………….. in respect of the said loan.

We would like to clarify that no tax is outstanding from us.

Recently a general Income Tax Clearance Certificate had been obtained by us. We enclose a xerox copy (Annexure2) of the same for your kind perusal.

Your early action for granting the permission is required.

For any further assistance or professional support related to PAN, Aadhaar, ITR, GST, or other legal compliances, you may visit:
👉 www.companymitra.com

Thanking You

Yours faithfully

……………………………

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⚠️ Disclaimer:
The document provided above is a draft format intended solely for informational and reference use. It does not constitute legal advice or professional opinion. You are advised to consult a qualified Chartered Accountant, Company Secretary, or legal advisor before relying on or using this format.

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