https://www.taxtmi.com/caselaws?id=24944 Mandatory compliance with section 230A of the Income-tax Act was required before registration of the trust deeds; in the absence of the prescribed clearance certificate, registration was ineffective in law even though the deeds had been executed and lodged earlier. The delayed registration point did not save the deeds, because the statutory bar operated when the registering officer actually registered them. As the transfers never became legally effective, the properties continued to vest in the settlor and his legal representatives and remained liable to attachment for recovery of tax dues. The existing revenue recovery proceedings were therefore not defeated by the purported trust transfers. en-us Fri, 03 Jul 1987 00:00:00 +0530 Sat, 23 Jan 2010 13:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24944 Mandatory compliance with section 230A of the Income-tax Act was required before registration of the trust deeds; in the absence of the prescribed clearance certificate, registration was ineffective in law even though the deeds had been executed and lodged earlier. The delayed registration point did not save the deeds, because the statutory bar operated when the registering officer actually registered them. As the transfers never became legally effective, the properties continued to vest in the settlor and his legal representatives and remained liable to attachment for recovery of tax dues. The existing revenue recovery proceedings were therefore not defeated by the purported trust transfers. Case-Laws Income Tax Fri, 03 Jul 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24944