Recovery of penalty: officer may attach and sell an enterprise's movable or immovable property under prescribed tax-schedule procedures.

Regulation 10 permits the recovery officer, after issuance of a recovery certificate for a monetary penalty, to recover the amount by attachment and sale of the enterprise's movable property or by attachment and sale of the enterprise's immovable property, in accordance with the rules laid down in the Second Schedule of the Income-tax Act.

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