Attachment of assessee's property and bank accounts - when ...

Taxpayer Appeals Property Attachment; Jurisdictional Commissioner Must Decide Quickly Per Rule 86 of Second Schedule.

March 4, 2015

Case Laws Income Tax HC

Attachment of assessee's property and bank accounts - when the appeal provision is provided under Rule 86 of Second Schedule to the Act and the petitioner has filed such an appeal even according to the Chief Commissioner of Income Tax, then the Jurisdictional Commissioner should have decided such an appeal at the earliest - HC

View Source

← Previous Next →

Attachment of assessee's property and bank accounts - when ...

Taxpayer Appeals Property Attachment; Jurisdictional Commissioner Must Decide Quickly Per Rule 86 of Second Schedule.

March 4, 2015

Case Laws Income Tax HC

You may also like:

Predicate offence involving meagre disclosed income but substantial investment in properties without proof of legitimate source. Provisional attachment of immovable...

The AT dismissed the appeal against the provisional attachment order u/s 26 of the Prevention of Money Laundering Act, 2002 as not maintainable. An appeal lies against...

When authorities of Enforcement Directorate (ED) have reasons to believe, based on material, that any person possesses proceeds of crime and is likely to conceal or...

The Appellate Tribunal addressed issues related to money laundering, proceeds of crime from smuggling narcotics and running extortion rackets. The case involved double...

Recovery of outstanding dues - attachment of property - 100% EOU vacated the property before completion of export obligations - recovery cannot be made from the Lessor...

The HC held that since proceedings for attachment and adjudication by the Adjudicating Authority are in aid of trial of money laundering offence under PMLA, an appeal...

Money laundering case involving attachment of properties. Appellant argued property was acquired prior to offense, hence cannot be attached. Court rejected contention,...

AT determined that provisional property attachment under PMLA was invalid where appellants lacked possession of crime proceeds. While "proceeds of crime" broadly...

Tax authority rejected rectification application filed by taxpayer for zero-rated supply citing violation of principles of natural justice. Court examined impugned...

Recovery of customs duty - warehoused goods - priority to recover dues - attachment of property - charge created by the second respondent Bank / financial institution,...

Validity of Attachment of Petitioner's Properties Post Assessment Order Set Aside and Refund Adjustment - Provisional attachment - after expiry of period of six months...

Provisional Attachment - general principle for construction - Prohibition of Benami Property Transaction Act, 1988 - Section 32A of I & B Code - As there is nothing to...

Provisional attachment order u/s 83 of the Act expires after one year. The department cannot issue a second notice for provisional attachment without providing fresh...

Validity of provisional attachment order challenged - petitioner lawful owner of property - no notice issued violating natural justice principles - duty on Adjudicating...

The High Court stayed the demand raised against the petitioner and ordered lifting of bank attachments. The second respondent had passed an ex parte order without...

Quick Updates: