# unpaidtaxes
1 posts in `unpaidtaxes` tag
.jpg)
Understanding Section 39 of the Income Tax Act: Powers of Tax Recovery and Asset Attachment
Tax authorities may seize and sell a taxpayer's assets in order to collect unpaid taxes, according to Section 39 of the Income Tax Act. Additionally, recovery against other parties holding assets on behalf of the taxpayer is permitted under this clause. To make sure taxpayers understand their obligations and the repercussions of tax defaults, the blog examines the essential components, recovery procedure, and consequences for non-compliance.
-
By Krishna
