Hi
Is noc still required under sec 281 in case of sale of land ?
Regards
sanjay upadhyay (self employed) (43 Points)
24 January 2018Hi
Is noc still required under sec 281 in case of sale of land ?
Regards
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(161265 Points)
Replied 24 January 2018
YES.....
But........... In view of the proviso to section 281(1), if the impugned charge or transfer is covered under clause (i) of the proviso, then clause (ii) of the said proviso will not come into play. In other words, previous permission of the Assessing Officer will not be required for the impugned charge or transfer, as contemplated under section 281(1) of the Act.
For more understanding .........refer attachment.