Mortgage created on property by assessee before passing order of assessment by AO isn’t void: HC

IT: Where mortgage was created by assessee much before a demand was made under rule 2 of second schedule and even before an order of assessment was passed, said mortgage did not become automatically void under section 281(1)

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000187258/mortgage-created-on-property-by-assessee-before-passing-order-of-assessment-by-ao-isn’t-void-hc.aspx