https://www.taxtmi.com/acts?id=6849 Where a receiver fails to submit accounts as directed, the Tax Recovery Officer may attach the receiver's property until accounts are produced, enquire into amounts due or losses caused by wilful default or gross negligence, and order payment within a fixed period. Unpaid amounts may be recovered from security or by attachment and sale of the receiver's property, with sale proceeds applied to satisfy amounts found due and any balance returned to the receiver. The Officer may disallow remuneration for defaults and charge interest on improperly retained funds. en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 13 Mar 2009 10:04:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=6849 Where a receiver fails to submit accounts as directed, the Tax Recovery Officer may attach the receiver's property until accounts are produced, enquire into amounts due or losses caused by wilful default or gross negligence, and order payment within a fixed period. Unpaid amounts may be recovered from security or by attachment and sale of the receiver's property, with sale proceeds applied to satisfy amounts found due and any balance returned to the receiver. The Officer may disallow remuneration for defaults and charge interest on improperly retained funds. Act-Rules Direct Taxes Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=6849