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SRI K. VENKATESH DUTT, S/O. K.S. DATTATREYA Versus THE TAX RECOVERY OFFICER, RANGE-7, BENGALURU

Attachment orders - recovery of dues - Time limit for sale of attached immovable property. - Held that:- When the reference made by the Revenue was disposed of on 10.08.2010, the sale of immovable property should have been made within a period of thr .....

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g rise to demand of any tax, interest, fine/penalty or any other sum, has become final. - Sub rule (4) of Rule 68B of II Schedule further clarifies that where the sale of immovable property has not been made within three years as required under R .....

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ot proper. For the purpose of calculating three years it would be from the end of financial year on which the order was passed i.e. 10.08.2010, the end of the financial year would be 31.03.2011. Hence, the Demand Notice and Order of Attachment Annexu .....

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.49185/2016 (T-IT) - Dated:- 16-9-2016 - MR. L. NARAYANA SWAMY, J. FOR THE PETITIONER : SRI VANI H. ADVOCATE FOR THE RESPONDENT : SRI K.V. ARAVIND, ASG Earlier, the Revenue approached this Court in ITRC Nos.101 to 103 and 119 of 1999 which came to be .....

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er the provision of Rule 68B to Second Schedule to the Income Tax Act, 1961 (for short 'the Act') sale of immoveable properties should be within a period of three years, from the end of the financial year in which order gives rise to demand i .....

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ment. 3. In support of her submission, she referred the judgment of High Court of Madras in W.P. No. 3570/-1996 reported in (2001) 171 CTR 0078, wherein, it has been held that "a provision which requires the Revenue to act within the period pres .....

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of attachment of immoveable properties. 5. When the reference made by the Revenue was disposed of on 10.08.2010, the sale of immovable property should have been made within a period of three years from the end of the financial year as mandated under .....

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