Amendment status not verified — confirm the current text below against the official source.
Irrecoverable debts. - (1) The Commissioner may write off any sum due on account of any tax or of the costs of recovering any tax if such sum is, in his opinion, irrecoverable : Provided that no sum exceeding one hundred rupees shall be written off in fa- vour of any one person without the previous sanction of the Corporation. (2) The Commissioner shall report to the Corporation every case in which any sum has been written off under sub-section (1). Section 153