2024 (9) TMI 154 - HC - Income Tax

Challenge to garnish order for withdrawing the sum towards recovery of Income Tax and penalty - HELD THAT - Taking into consideration the order passed by the Apex Court 2023 (7) TMI 412 - SC ORDER this petition is disposed of with a direction to the Revenue Authorities to decide the application for waiver of pre-deposit as well as application for urgent hearing as expeditiously as possible preferably within a period of one month from the date of receipt of certified copy of this order and pass a reasoned and speaking order. Till then, no coercive action be taken against the petitioner. In view of the fact that the appeal is pending for last one and half year, the Revenue Authorities are directed to decide the appeal, without wasting any further time, as expeditiously as possible preferably within a period of three months from the date of receipt of certified copy of this Court.

Summary

The High Court of Madhya Pradesh heard a petition challenging a garnish order for withdrawing Rs. 94.53 crores for Income Tax recovery. The petitioner sought directions as alternative remedy was pending. The court directed Revenue Authorities to decide on waiver of pre-deposit and urgent hearing applications within one month. No coercive action against petitioner until then. Appeal to be decided within three months.