Recovery Certificate number 9137 of 2026 dated June 5, 2026 was issued against Mediaone Global Entertainment Ltd (PAN: AAACR0405M) as a defaulter. This legal instrument enables tax authorities to recover unpaid dues through coercive measures including asset attachment, bank account freezing, and property seizure. Recovery certificates are issued by Assessing Officers under Section 226 of the Income Tax Act, 1961 when voluntary payment fails. The certificate empowers the Tax Recovery Officer to initiate recovery proceedings against the defaulting entity.

A Recovery Certificate is a statutory document issued under Section 226 of the Income Tax Act, 1961, when a taxpayer fails to pay assessed tax dues within the stipulated time. It serves as an authorization for the Tax Recovery Officer (TRO) to recover outstanding amounts through coercive measures. The certificate contains details of the defaulter, amount due, and legal basis for recovery. Once issued, the TRO can attach movable and immovable properties, freeze bank accounts, arrest the defaulter, or sell assets to recover dues. The process follows principles of natural justice - notice must be served, and the defaulter has opportunity to respond before coercive action. Recovery certificates are governed by the Second Schedule of the Income Tax Act, which outlines procedures similar to civil court decree execution. The certificate remains valid until the dues are fully recovered or legally challenged. For corporate defaulters like Mediaone Global Entertainment Ltd, recovery can extend to directors' personal assets under Section 179 if company assets are insufficient. The legal framework ensures tax compliance while protecting taxpayer rights through appellate mechanisms and judicial review.