Section 281B Attachment Invalid on Property Not Owned by Assessee: Karnataka HC

Smt Vanitha S Vs DCIT (Karnataka High Court)

HC Strikes Down Income Tax Attachment on Bona Fide Purchaser’s Property- Attachment under Section 281B Invalid When Property Not Owned by the Assessee

Petitioner challenged the provisional attachment orders issued u/s 281B of the Income-tax Act by the DCIT, Central Circle-1(3), Bengaluru, attaching her immovable property situated at BEML 3rd Stage, Halagevaderahalli Village, Kengeri Hobli, Bengaluru South Taluk.

The property originally belonged to a partnership firm M/s Sri Vayuputhra Electro World, constituted by the pet

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