https://www.taxtmi.com/acts?id=24054 A transfer or creation of charge over property becomes void against Government tax claims where, after an amount has become due, the person disposes of property by sale, mortgage, exchange or any other mode of transfer with the intention of defrauding Government revenue. The provision applies to property in the person's possession or ownership and extends to any charge created in favour of another person. Such transfer or charge is ineffective against claims for tax or any other sum payable by that person. The proviso preserves transfers or charges made for adequate consideration, in good faith, and without notice of pending proceedings or of the tax or other sum payable. en-us Mon, 27 Mar 2017 17:28:55 +0530 Thu, 25 Jun 2026 18:23:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=24054 A transfer or creation of charge over property becomes void against Government tax claims where, after an amount has become due, the person disposes of property by sale, mortgage, exchange or any other mode of transfer with the intention of defrauding Government revenue. The provision applies to property in the person's possession or ownership and extends to any charge created in favour of another person. Such transfer or charge is ineffective against claims for tax or any other sum payable by that person. The proviso preserves transfers or charges made for adequate consideration, in good faith, and without notice of pending proceedings or of the tax or other sum payable. Act-Rules GST Mon, 27 Mar 2017 17:28:55 +0530 https://www.taxtmi.com/acts?id=24054