Section 276 of ITA, 1961 : Section 276: Removal, Concealment, Transfer Or Delivery Of Property To Thwart Tax Recovery
ITA, 1961
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Explanation using Example
Imagine a businessman, Mr. Sharma, who owes a significant amount of unpaid taxes. The Income Tax Department issues a certificate for the recovery of tax dues under the provisions of the Second Schedule of the Income-tax Act, 1961. To avoid the seizure of...
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