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2024 (11) TMI 898 - SCH - Income TaxStay of demand - direction as called upon the writ petitioner to make a pre-deposit of 20% - As decided in PPK NEWSCLICK STUDIO PVT. LTD 2024 (8) TMI 888 - SC ORDER admitted fact that 30% of the demand has already been recovered by the respondent. ITAT shall consider the appeal of the appellant in accordance with law on its own merits HELD THAT - There is omission on the part of the ICICI Bank which has not complied with the order of this Court dated 09.08.2024 and instead is seeking to comply with the communication dated 15.12.2023 issued by the Office of the Deputy Commissioner of Income Tax, Central Circle 1, Delhi to them. It is needless to observe that the order of this Court dated 09.08.2024 is subsequent to the aforesaid communication. Direction is issued to the Branch Manager, ICICI Bank, E-30, Saket, New Delhi to comply with the order of this Court dated 09.08.2024 both in letter and spirit forthwith. Miscellaneous Application has been filed seeking the following reliefs (i) Set aside the notice dated 15.12.2023 bearing No.ITBA/COM/F/17/2023-24/1058789726(1) sent by the Respondent to ICICI Bank, Saket Branch; AND (ii) Direct that any amount credited in the Petitioner s bank accounts with the ICICI Bank, Saket Branch, bearing Account Nos.017105010200 and 017105009185, shall not be debited to the Income Tax Department, pursuant to their letter dated 15.12.2023; AND (iii) Direct that normal banking operations shall resume in the Petitioner s bank accounts with the ICICI Bank, Saket Branch, bearing Account Nos.017105010200 and 017105009185; AND (iv) Pass such further orders as this Hon ble Court may deem fit in the facts and circumstances of the case. The prayers stated above at (ii) and (iii) are granted. Consequently, the Miscellaneous Application stands disposed of in the aforesaid terms and the application for appropriate Orders/Directions is allowed.
The Supreme Court ordered ICICI Bank to comply with their order dated 09.08.2024 and not the communication from the Deputy Commissioner of Income Tax. The Bank was directed to resume normal banking operations in the petitioner's accounts and not debit any amount to the Income Tax Department. The Court granted the prayers related to the bank accounts and disposed of the Miscellaneous Application accordingly. ICICI Bank's counsel assured compliance with the Court's directions.
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