https://www.taxtmi.com/article/detailed?id=668 Section 11D and the proviso to Section 11 permit attachment and sale of specified movable property in the custody or possession of a person who, by reason of a transfer, disposal or change of ownership, succeeds to a business, but such successor liability requires proof that the business (wholly or substantially) was transferred so that change of ownership, integrity, identity and continuity of the business are satisfied; mere purchase of assets does not automatically constitute succession. en-us Fri, 05 Feb 2010 00:00:00 +0530 Wed, 05 Jan 2011 17:36:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=668 Section 11D and the proviso to Section 11 permit attachment and sale of specified movable property in the custody or possession of a person who, by reason of a transfer, disposal or change of ownership, succeeds to a business, but such successor liability requires proof that the business (wholly or substantially) was transferred so that change of ownership, integrity, identity and continuity of the business are satisfied; mere purchase of assets does not automatically constitute succession. Articles Central Excise Fri, 05 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=668