Recovery of Arrears and Refund Chapter- 08
Section Rule Topic covered
For CA Mod F students
48 Recovery of arrears of tax
Recovery rules
70 Application
71 Initiation of recovery action
72 Stoppage of clearance and selling of business premises
73 Demand notice
74 Attachment and sale of property
75 Master registers to be maintained by the referring authority and^ the recovery
Officer
76 Power to require information to be furnished
77 Mode of service of notice
78 Disposal of proceeds of execution
79 Ruling regarding disputed matters
80 Property liable to attachment and sale in execution
81 Objections and investigations, thereof
82 Removal of attachment on satisfaction of cancellation of a demand note
83 Officer entitled to attach and sell
84 Adjournment or stoppage of sale
85 Defaulter not to interfere with attached property
86 Prohibition against bidding or purchase by officer
87 Assistance for action
26 TO
39 A Refund^
MCQ’s with solutionsFOR CA MOD F STUDENTS
Recovery of arrears of tax (U/s 48)
- Where any amount of tax is due from any person, the Officer Inland Revenue may:
a) Deduct the amount from any money owing to person from whom such amount is recoverable
and which may be at the disposal or in the control of such officer or any officer of Income Tax ,
custom or central excise department
b) Require by a notice in writing any person who holds or may subsequently hold any money for or
on account of the person from whom tax may be recoverable to pay to such officer the amount
specified in notice;
c) Stop removal of any goods from the business of such person till such time the amount of tax is
paid or recovered in full;8 RECOVERY OF ARREARS and^ REFUND^
Chapter