https://www.taxtmi.com/caselaws?id=421973 Rule 68B of the Second Schedule to the Income-tax Act bars an auction notice for sale of attached immovable property if issued beyond the prescribed time limit, so such a notice cannot be sustained. However, lapse of that period does not extinguish the underlying tax demand. The Department may still use other recovery mechanisms under the Second Schedule, including attachment, sale, arrest and detention, or appointment of a receiver, and may initiate fresh recovery proceedings, including a fresh attachment of the property, if otherwise permissible. en-us Fri, 22 Apr 2022 00:00:00 +0530 Thu, 05 May 2022 08:35:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421973 Rule 68B of the Second Schedule to the Income-tax Act bars an auction notice for sale of attached immovable property if issued beyond the prescribed time limit, so such a notice cannot be sustained. However, lapse of that period does not extinguish the underlying tax demand. The Department may still use other recovery mechanisms under the Second Schedule, including attachment, sale, arrest and detention, or appointment of a receiver, and may initiate fresh recovery proceedings, including a fresh attachment of the property, if otherwise permissible. Case-Laws Income Tax Fri, 22 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421973