Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2020 (4) TMI 763

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ies have received a sum in excess of ₹ 2 lakhs already from the bank account of the petitioner while the amount of demand is ₹ 10 lakhs - HELD THAT:- The amount of demand of the revenue authorities therein is a sum in excess of ₹ 12 lakhs. There subsists an order dated March 20, 2020 passed by the Hon ble Supreme Court directing the revenue authorities not to initiate any reco .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nce of the aforementioned conditions. So far as the other writ petitioner a sum of ₹ 2 lakhs has already been paid by the banker of such petitioner to the revenue authorities, it would be appropriate to permit such petitioner to operate his bank account. The order of attachment issued by the revenue authorities against such bank account of the petitioner is stayed. - W.P. No.5347 (W) of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e are stay petitions at the behest of the writ petitioners also. The appeal and the stay petitions are yet to be decided by the appellate authority. Learned Advocate appearing for the petitioners submits that, since the petitioners are retired, they are facing undue hardship by reason of the notice of recovery issued by the revenue authorities. He submits that, usually, appeals against the orde .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... subserved by directing the banks of the petitioners to allow the petitioners to operate the bank accounts subject to the bankers of the petitioner in WP No.5354(W) of 2020 setting apart a sum of ₹ 5 lakhs. Such sum of ₹ 5 lakhs, the Court is informed, is lying in one of the bank accounts of such petitioner. Such banker will keep a sum of ₹ 5 lakhs in a separate interest bear .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... measures are put in place in view of the prevailing COVID-19 pandemic in the country. None of the observations made herein will prejudice any of the parties in the appeal. The appellate authority is at liberty to decide the appeal in accordance with law as expeditiously as possible. List both the writ petitions before the appropriate Bench upon the resumption of the regular business of the Cou .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates