https://www.taxtmi.com/caselaws?id=23840 A recovery notice under section 226(3) of the Income-tax Act for a third party's tax dues was found unenforceable where the petitioner did not hold any amount of the defaulting concern and the Revenue had not established that any commission or other sum was actually payable or lying in deposit. The Court also noted that, under the applicable acquisition framework, the liability could not be pursued against the petitioner in that manner, and that the petitioner had not received the notice it was entitled to before coercive recovery action was taken. The notice was therefore held invalid and liable to be quashed. en-us Wed, 19 Jul 1989 00:00:00 +0530 Thu, 14 Jan 2010 16:45:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23840 A recovery notice under section 226(3) of the Income-tax Act for a third party's tax dues was found unenforceable where the petitioner did not hold any amount of the defaulting concern and the Revenue had not established that any commission or other sum was actually payable or lying in deposit. The Court also noted that, under the applicable acquisition framework, the liability could not be pursued against the petitioner in that manner, and that the petitioner had not received the notice it was entitled to before coercive recovery action was taken. The notice was therefore held invalid and liable to be quashed. Case-Laws Income Tax Wed, 19 Jul 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23840