Next step to take possession of property
21-May-2023 (In Property Law)
We have won the property case in high court Bangalore. The opponent challenged the high court judgement in supreme court.nThis case in the supreme court was dismissed in 2019.nSo will the high court order stands in our favour. Can we take possession of our house and what is the process. Please guide.
What is the provision for attachment of bank account?
When tax authorities suspect that a taxpayer will dispose of assets or avoid paying taxes, they may temporarily attach a bank account as a precaution. It gives the tax department the tools to protect the revenues interests and prevent tax fraud. 11-Jul-2023
What happens when a bank account is attached?
The bank will not overdraw your account. The attachment is based on the balance of the account at the time the order was received. The bank cannot leave your account in a negative balance, even if the amount is not enough to cover the debt.
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