Money in Bank Account Liable for Provisional Attachment u/s 281B of Income Tax Act: Kerala HC

The Kerala High Court ruled that money in a bank account is liable for provisional attachment under section 281B of the Income Tax Act. This section allows the income tax authorities to provisionally attach assets if there is a threat of the taxpayer evading the payment of dues. The case involved a taxpayer who contested the provisional attachment of their bank account funds, but the court upheld the tax department's action. This ruling underscores the powers of tax authorities to secure assets in cases where recovery of dues is at risk.