How Settlement of Demand

204 views 2 replies
For Example:- Mr. A who lost case in income tax appellate tribunal and Income Tax Department make demand on Mr. A of 40,00,000. after some tax income tax department link that amount of demand with Mr. A's property

After that some time Mr. A die. And Mr. A have 4 Sons.
Mr. A write a will Before die. that property equally divided into 4 sons.
One son of Mr. A want to sale his part of property and he want to pay his share in that demand i.e. 10,00,00

My question , is this possible that Part Payment of demand and One sale his part of property ???
Replies (2)

Not possible....... The demand should be fully discharged..

That means No One ( All Son of Mr. A) sale his part of of property before full settlement of Demand

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details