https://www.taxtmi.com/caselaws?id=23114 A provisional attachment under section 281B of the Income-tax Act cannot continue beyond the maximum statutory period, including any extension allowed under the provision. Once that outer limit expires, the attachment ceases to operate and the attached bank deposits must be released, subject to retention of any amount necessary to protect the existing tax demand as on that date. The court treated expiry of the statutory period as decisive and found it unnecessary to examine further objections about communication of extension orders or recording of reasons. en-us Mon, 23 Jul 1990 00:00:00 +0530 Wed, 16 Dec 2009 17:47:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23114 A provisional attachment under section 281B of the Income-tax Act cannot continue beyond the maximum statutory period, including any extension allowed under the provision. Once that outer limit expires, the attachment ceases to operate and the attached bank deposits must be released, subject to retention of any amount necessary to protect the existing tax demand as on that date. The court treated expiry of the statutory period as decisive and found it unnecessary to examine further objections about communication of extension orders or recording of reasons. Case-Laws Income Tax Mon, 23 Jul 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23114