Provisional attachment powers to protect revenue allow property attachment during pending net-wealth assessment, with time-limited extensions. Provisional attachment permits the Assessing Officer, with prior approval of the Chief Commissioner or Commissioner, to attach any property of the assessee during pending assessment or reassessment proceedings in the manner provided by the applied Second Schedule. Such attachment ceases after six months but may be extended by the Chief Commissioner or Commissioner for stated reasons, subject to a maximum total extension of two years; time during which a settlement application is pending is excluded from the extension period calculation.
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 powers to protect revenue allow property attachment during pending net-wealth assessment, with time-limited extensions.
Provisional attachment permits the Assessing Officer, with prior approval of the Chief Commissioner or Commissioner, to attach any property of the assessee during pending assessment or reassessment proceedings in the manner provided by the applied Second Schedule. Such attachment ceases after six months but may be extended by the Chief Commissioner or Commissioner for stated reasons, subject to a maximum total extension of two years; time during which a settlement application is pending is excluded from the extension period calculation.
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