2022 (12) TMI 1401 - HC - Income Tax

Recovery proceedings - attachment of bank accounts of the Petitioner with the Second Respondent as a recovery measure for implementation of the Order in DIN Letter - HELD THAT - This Court by separate order dated 2022 (12) TMI 1400 - MADRAS HIGH COURT has set aside the Order in DIN Letter passed by the First Respondent and remitted the matter back for fresh decision, which has to be completed by 28.02.2023. Having regard to the aforesaid order passed, it is made clear that if the First Respondent does not pass any order by 28.02.2023, the impugned orders of attachment of bank accounts of the Petitioner with the Second Respondent, shall stand vacated from that date onwards. Writ Petitions are disposed on the aforesaid terms

Summary

The High Court of Madras set aside the orders of attachment of the petitioner's bank accounts with the Second Respondent. The matter has been remitted back for a fresh decision to be completed by 28.02.2023. If no decision is made by then, the attachment orders will be vacated. The writ petitions are disposed of with no costs.