(1) Where after the initiation
during the pendency of any proceedings under section 62 or section 63
or section 64 or section 67 or section 73 or section 74, Chapter XII, Chapter XIV
or Chapter XV the Commissioner is of the opinion that
for the purpose of protecting the interest of the Government revenue, it is necessary so to
do, he may, by order in writing attach provisionally any property, including bank account,
belonging to the taxable person or any person specified in subsection (1A) of section 122, in such manner as may be prescribed.
(2) Every such provisional attachment shall cease to have effect after the expiry of a period of one year from the date of the order made under sub-section (1).