https://www.taxtmi.com/caselaws?id=359808 An attached property may be released conditionally pending appellate proceedings where the tax demand has not attained finality, adequate alternate security is offered by a co-owner, and a part-payment is made toward the assessed liability. The arrangement can also permit transfer of the property subject to the State's charge under the Kerala Value Added Tax Act, so that a sale may proceed while revenue interests remain protected. The practical effect is a balanced interim measure: the assessee may liquidate the asset, but the attachment is replaced by security and payment conditions until the Tribunal decides the appeal. en-us Mon, 05 Mar 2018 00:00:00 +0530 Sat, 05 May 2018 08:39:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359808 An attached property may be released conditionally pending appellate proceedings where the tax demand has not attained finality, adequate alternate security is offered by a co-owner, and a part-payment is made toward the assessed liability. The arrangement can also permit transfer of the property subject to the State's charge under the Kerala Value Added Tax Act, so that a sale may proceed while revenue interests remain protected. The practical effect is a balanced interim measure: the assessee may liquidate the asset, but the attachment is replaced by security and payment conditions until the Tribunal decides the appeal. Case-Laws VAT and Sales Tax Mon, 05 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359808