https://www.taxtmi.com/caselaws?id=160120 Section 46(5A) of the Income-tax Act was construed as permitting coercive recovery only where the noticee admits liability or holds money for the assessee. If the noticee objects that no amount is due from him, the Income-tax Officer cannot use the recovery machinery to decide a disputed debt between the assessee and the third party, and coercive proceedings cannot continue on a contested claim. The provision also contains no express time limit for raising such an objection, and no reasonable-time requirement can be implied. On that construction, the notice could not be enforced against a person denying liability. en-us Thu, 28 Jan 1960 00:00:00 +0530 Tue, 10 Dec 2013 11:40:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=160120 Section 46(5A) of the Income-tax Act was construed as permitting coercive recovery only where the noticee admits liability or holds money for the assessee. If the noticee objects that no amount is due from him, the Income-tax Officer cannot use the recovery machinery to decide a disputed debt between the assessee and the third party, and coercive proceedings cannot continue on a contested claim. The provision also contains no express time limit for raising such an objection, and no reasonable-time requirement can be implied. On that construction, the notice could not be enforced against a person denying liability. Case-Laws Income Tax Thu, 28 Jan 1960 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=160120