Provisional attachment to protect revenue: tax officer may attach assessee property with commissioner approval for a limited duration. Section 281B authorises an Income-tax Officer, with prior written approval of the Commissioner, to provisionally attach an assessee's property during pending assessment or reassessment proceedings to protect the revenue, effecting attachment as per the Second Schedule; such attachment expires after an initial statutory period but may be extended by the Commissioner for reasoned further periods subject to an overall limit.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Provisional attachment to protect revenue: tax officer may attach assessee property with commissioner approval for a limited duration.
Section 281B authorises an Income-tax Officer, with prior written approval of the Commissioner, to provisionally attach an assessee's property during pending assessment or reassessment proceedings to protect the revenue, effecting attachment as per the Second Schedule; such attachment expires after an initial statutory period but may be extended by the Commissioner for reasoned further periods subject to an overall limit.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
