§ 517
Chapter XXIII — Miscellaneous
Receipt to be given
Income-tax Act, 2025
Whenever you make a payment or receive a recovery under the Income‑Tax Act, you must issue a receipt for that amount. The receipt serves as proof of the transaction for tax purposes.
📜 Official text of the section +
517. A receipt shall be given for any money paid or recovered under this Act.
Indemnity.
Plain-language summary — not the official text. Refer to the bare Act and confirm with a professional for your specific case.
Related sections
§ 499Certain transfers to be void§ 500Provisional attachment to protect revenue in certain cases§ 501Director or Director. Service of notice, generally§ 502Authentication of notices and other documents§ 503Service of notice when family is disrupted or firm etc., is dissolved§ 504Service of notice in case of discontinued business