2022 (1) TMI 430

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..... is failure to pay the amounts by the due date, the protection under this order shall come to an end sine die and the respondent will be at liberty to attach the bank accounts of the petitioner. In other words, the impugned Assessment Order shall stand revived without any reference. Appeal of the petitioner which is pending before the Commissioner of Income Tax (Appeals) shall be taken up for .....

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..... l Assessment Order dated 07.04.2021. Against the aforesaid order, the petitioner preferred an appeal before the Commissioner of Income Tax (Appeals) and had simultaneously filed an application under Section 220(6) of the Income Tax Act, 1961 before the respondent to stay operation of the recovery proceedings. 4. The respondent has now passed the impugned order dated 17.09.2021 after referring t .....

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..... I am inclined to dispose this writ petition by directing the petitioner to pay a sum of ₹ 30,00,000/- per month till the amount is paid. The amounts shall be paid by the petitioner by 5th of every month. In case there is failure to pay the amounts by the due date, the protection under this order shall come to an end sine die and the respondent will be at liberty to attach the bank accounts .....

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