https://www.taxtmi.com/caselaws?id=22577 The court dismissed the writ petition as the petitioner was not entitled to the certificate under section 230A of the Income-tax Act due to substantial tax liabilities imposed post-assessment, emphasizing the need to prevent revenue loss. The court highlighted that the provisional attachment of the property created a liability, restricting property transfer until assessments were finalized, despite the petitioner's arguments against it. The delay in seeking relief and absence of a deeming provision in rule 44B were considered, leading to the conclusion of the lack of entitlement at the petition date. en-us Thu, 19 Jul 1990 00:00:00 +0530 Fri, 11 Dec 2009 12:28:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22577 The court dismissed the writ petition as the petitioner was not entitled to the certificate under section 230A of the Income-tax Act due to substantial tax liabilities imposed post-assessment, emphasizing the need to prevent revenue loss. The court highlighted that the provisional attachment of the property created a liability, restricting property transfer until assessments were finalized, despite the petitioner's arguments against it. The delay in seeking relief and absence of a deeming provision in rule 44B were considered, leading to the conclusion of the lack of entitlement at the petition date. Case-Laws Income Tax Thu, 19 Jul 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22577