House given to wife for inadequate consideration could be attached to recover tax dues of husband

The High Court of Kerala held that where assessee's husband transferred a property to her for inadequate consideration during block period for which search was carried out against him, in case of failure of assessee to pay tax demand determined in block assessment proceedings, department could proceed against aforesaid property of assessee under Explanation to section 222(1).

T.S. Sujatha v. Tax Recovery Officer* [2017] 78 taxmann.com 93 (Kerala)