https://www.taxtmi.com/highlights?id=27707 Amendment of section 281B. - Attachment of property - If the assessee fails to renew the bank guarantee furnished under sub-section (3) or fails to furnish a fresh guarantee from a scheduled bank for an equal amount, fifteen days before the expiry of such guarantee, the Assessing Officer shall, if it is necessary to do so to protect the interest of the revenue, invoke the bank guarantee. en-us Wed, 02 Mar 2016 22:23:00 +0530 Wed, 02 Mar 2016 22:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=27707 Amendment of section 281B. - Attachment of property - If the assessee fails to renew the bank guarantee furnished under sub-section (3) or fails to furnish a fresh guarantee from a scheduled bank for an equal amount, fifteen days before the expiry of such guarantee, the Assessing Officer shall, if it is necessary to do so to protect the interest of the revenue, invoke the bank guarantee. Highlights Bill Wed, 02 Mar 2016 22:23:00 +0530 https://www.taxtmi.com/highlights?id=27707