Raval also invited the attention of this Court to Sub-
section (3) of Section 281B of the Act, which reads thus:-
281B. Provisional attachment ... revoke the attachment.
19. Relying on the aforesaid Sub-section (3) of Section 281B of
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under this section to the assessee.
(2)The judgments cited by the petitioner, are not related to the provisions contained in Section 281B but they ... Section 142 (2A) of the Act and Chapter XX-C of the Act having section 269-UD.
-7-
(3) So far as Section
Schedule.
Explanation : For the purposes of this sub-section,
proceedings under sub-section (5) of section 132 shall be
deemed to be proceedings ... months from the date of the order made
under Sub-section (1) of Section 281B of the Act. However, the Chief
Commissioner or Commissioner
dated 27-11-2002, issued under section 281B of the Income Tax Act, 1961, (hereinafter referred to as "the Act") by the second ... Schedule.
Explanation.For the purposes of this sub-section, proceedings under sub-section (5) of section 132 shall be deemed to be proceedings
otherwise it is extended in terms of proviso to Sub- section 2 of Section
281B of the Act. He pointed out that no such order ... pass appropriate orders in terms of proviso
to Sub Section (2) of Section 281B of the Act.
5. Heard the learned Senior Counsel
under the proviso to Sub-Section (2) to Section 281B .
8. On the other hand, the learned Standing Counsel for the
respondents would submit that ... criteria in Sub-Section (1) are satisfied. In these cases,
circumstances and criteria specified in Sub-Section (1) to Section 281B of
the Income
under the proviso to Sub-Section (2) to Section 281B .
8. On the other hand, the learned Standing Counsel for the
respondents would submit that ... criteria in Sub-Section (1) are satisfied. In these cases,
circumstances and criteria specified in Sub-Section (1) to Section 281B of
the Income
otherwise it is extended in terms of proviso to Sub- section 2 of Section
281B of the Act. He pointed out that no such order ... pass appropriate orders in terms of proviso
to Sub Section (2) of Section 281B of the Act.
5. Heard the learned Senior Counsel
assessee in relation to
subsequent exchange agreement with reference to section
281B Order of the DCIT, Circle-6(3)(1), Bengaluru is devoid
of merits ... because, as per the Order of the DCIT under
section 281B , Site Nos.1 to 60 in Survey No.11/1, situated
at Chikkabettahalli
I. Devarajan And Ors. vs Tamil Nadu Farmers Service ... on 23 January, 1979
Equivalent citations
