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of <h1>Clarification on Property Attachment Process: Approval Needed from Tax Authorities per Income-tax Act Sections 119, 226(2), 226(3).</h1> The circular clarifies the approval process for attaching movable or immovable property as per the order dated 19th October 2020, under section 119 of the Income-tax Act, 1961. It specifies that prior approval from the Principal Commissioner of Income Tax (Pr. CIT), Principal Director of Income Tax (Pr. DIT), Commissioner of Income Tax (CIT), or Director of Income Tax (DIT) is necessary before requisitioning under section 226(2) and issuing notices under section 226(3). This directive aims to ensure compliance with the procedural requirements for property attachment by Assessing Officers or Tax Recovery Officers.
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