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Suresh Shah   29 December 2015

Can sales / income tax attach an already bank auctioned prop

Hi Experts

I am trying to buy a bank auctioned flat by Bank of India.

However the Secretary of the society told me that I should check if the borrower has any Sales Tax / Income Tax dues. Currently the society has not received any communication from Sales / IT dept.

In case I buy that flat ,  assuming that he has some dues in Income tax/ Sales tax ...Can these Departments attach the flat after I buy it

 



Learning

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