Existing tax liability can bar property registration unless provision for estimated tax is secured by the vendor. Section 230A's notion of existing liability includes tax liabilities that have accrued under a chargeable provision though not yet quantified by assessment. Assessing officers may estimate such liabilities (for example pending wealth tax proceedings) and refuse or condition issuance of the certificate required for registration of immovable property unless the vendor makes satisfactory provision for payment, particularly where no other assets remain to meet the liability.
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.
Existing tax liability can bar property registration unless provision for estimated tax is secured by the vendor.
Section 230A's notion of existing liability includes tax liabilities that have accrued under a chargeable provision though not yet quantified by assessment. Assessing officers may estimate such liabilities (for example pending wealth tax proceedings) and refuse or condition issuance of the certificate required for registration of immovable property unless the vendor makes satisfactory provision for payment, particularly where no other assets remain to meet the liability.
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