https://www.taxtmi.com/highlights?id=65430 Recovery proceedings - attachment of properties from the buyers of the assets - allegation of collusion - Period of limitation to recover tax in case of defaulting assessee - In light of the statutory embargo under Rule 68B, the attachment of the properties in question, 25 years from the elapse of the assessment years in question, is wholly impermissible in law. - HC en-us Fri, 02 Sep 2022 08:10:39 +0530 Fri, 02 Sep 2022 08:10:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=65430 Recovery proceedings - attachment of properties from the buyers of the assets - allegation of collusion - Period of limitation to recover tax in case of defaulting assessee - In light of the statutory embargo under Rule 68B, the attachment of the properties in question, 25 years from the elapse of the assessment years in question, is wholly impermissible in law. - HC Highlights Income Tax Fri, 02 Sep 2022 08:10:39 +0530 https://www.taxtmi.com/highlights?id=65430