[aaykarbhavan] HC vacates attachment of one property as other property offered for attachment was likely to fetch higher sum

HC vacates attachment of one property as other property offered for attachment was likely to fetch higher sum

July 4, 2014[2014] 45 taxmann.com 470 (Kerala)

IT : Where in order to collect tax dues, revenue authorities attached a property belonging to assessee, in view of fact that alternative property offered by assessee was of higher value as compared to property already attached, assessee's prayer for release of property in question was to be accepted

 

Regards

Prarthana Jalan

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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>

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