Clause 214 - Recovery by Tax Recovery Officer - Direct Taxes Code Bill, 2009

Recovery by Tax Recovery Officer 214. (1) The record of the Income-tax Department containing the tax arrears from any assessee on the date on which Tax Recovery Officer assumes jurisdiction shall be deemed to be a statement of tax arrears from such assessee (such statement being hereafter in this Chapter and in the Fifth Schedule referred to as "certificate"). (2) The certificate under sub-section (1) shall stand amended from time to time consequent to any proceeding under this Code and the Tax Recovery Officer shall recover the amount so modified. (3) The Tax Recovery Officer may rectify any mistake apparent from the record. (4) The Tax Recovery Officer shall have the power to extend the time for payment, or allow payment by instalments, subject to such conditions as he may think fit to impose in the circumstances of the case. (5) The Tax Recovery Officer shall proceed to recover from the assessee the amount specified in the certificate by one, or more, of the modes referred to in section 258 or in the Fifth Schedule.