Certain transfers to be void
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....son in favour of any other person, shall be void as against any claim in respect of any sum payable by the person under this Code, if the person creates a charge on, or tranfers, any of his asset in f....
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....sp; (ii) without notice of such sum payable by the assessee; or (b) with the previous permission of the Assessing Officer. (3) This section applies to cases where the amo....


TaxTMI