Please Advisee how to procced , below are the history .
We have brought a resale property in 2015 . its a auction property purchased from Nationalised bank by our previous owner.now we have received a compliant from tax office stating a person (culprit) has defaulted 36 laks of tax and their are now verifiying the assets . they have given a letter to our secretary of society to show papers .
these Person (Culprit) is the one who was given power of attorney by builder to sell the flats . thats why his name is in First Owener file (who was Defaulter in bank).
its like a nightmare from the day i have learnt this news.
Also the Person is underground .
So kindly guide me how tackle this sitation as the Perosn from Tax Department are stating that they will seal the property.