Provisional attachment can secure government revenue during tax proceedings; property and bank accounts may be frozen. The Commissioner may, by written order during the pendency of specified assessment, inquiry or recovery proceedings, provisionally attach any property of ... Summary
Provisional attachment can secure government revenue during tax proceedings; property and bank accounts may be frozen.
The Commissioner may, by written order during the pendency of specified assessment, inquiry or recovery proceedings, provisionally attach any property of the taxable person, including bank accounts, to protect the interest of the Government revenue; every such provisional attachment ceases to have effect after the expiry of a period of one year from the date of the order.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.