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Income Tax - Highlights / Catch Notes

Home Highlights March 2018 Year 2018 This

Recovery of dues of the erstwhile owners of the property - ...

Income Tax

March 14, 2018

Recovery of dues of the erstwhile owners of the property - attachment orders - The transfer took place in the year 2007. No action was taken by the department for nearly 10 years. It was only when the petitioner asked for benefit of amnesty scheme the said view was taken. Even on ground of delay, laches and inaction, the department cannot be allowed to open such old issues. - HC

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