https://www.taxtmi.com/acts?id=4079 When an assessee is in default or deemed to be in default in payment of tax, the Tax Recovery Officer may draw up a certificate specifying the arrears due and recover the amount under the Second Schedule by attachment and sale of movable property, attachment and sale of immovable property, or appointment of a receiver for management of the assessee's properties. Property transferred without adequate consideration to specified family members may be included in the assessee's property for recovery, and the recovery power may be exercised notwithstanding proceedings by other modes. en-us Sat, 19 Jan 2008 22:45:54 +0530 Tue, 31 Mar 2026 17:14:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4079 When an assessee is in default or deemed to be in default in payment of tax, the Tax Recovery Officer may draw up a certificate specifying the arrears due and recover the amount under the Second Schedule by attachment and sale of movable property, attachment and sale of immovable property, or appointment of a receiver for management of the assessee's properties. Property transferred without adequate consideration to specified family members may be included in the assessee's property for recovery, and the recovery power may be exercised notwithstanding proceedings by other modes. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4079