Provisional attachment power allows Settlement Commission to attach property to protect revenue, with time-limited effect and possible extension. The Settlement Commission may provisionally attach any property of an applicant during proceedings to protect the interests of the revenue, using the procedure in the Second Schedule to the Income-tax Act. A provisional attachment in force immediately before an application continues for the period it would have under the earlier provision, and if the Commission makes an order after that period the statutory time-limit rules apply to it. Such provisional attachments cease after six months from the date of the order, subject to extension by the Commission for reasons recorded in writing.
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 power allows Settlement Commission to attach property to protect revenue, with time-limited effect and possible extension.
The Settlement Commission may provisionally attach any property of an applicant during proceedings to protect the interests of the revenue, using the procedure in the Second Schedule to the Income-tax Act. A provisional attachment in force immediately before an application continues for the period it would have under the earlier provision, and if the Commission makes an order after that period the statutory time-limit rules apply to it. Such provisional attachments cease after six months from the date of the order, subject to extension by the Commission for reasons recorded in writing.
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