9911796707
TMI Blog2024 (5) TMI 1084X X X X Extracts X X X X X X X X Extracts X X X X ..... he FDR in view of the hardship faced in the business of the assessee. Your attention is also invited to the Hon ble High Court order [ 2024 (5) TMI 979 - ALLAHABAD HIGH COURT] in the above matter. Considering the petition of the assessee and Hon ble High Court Order as directed to convey that the Ld. PCIT (Central) Kanpur has been pleased to revoke all the provisional attachments made u/s 281B of the IT. Act, 1961 of the FDRS in the above mentioned case Therefore directed to request you to kindly take immediate necessary steps for releasing all the FD etc, under intimation to this office. An action taken report must be sent to this office positively within a week of receipt of the letter. In view of the above, we find corrective action has ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... weeks time to obtain instructions. If factual assertion made learned counsel for the petitioner is true, necessary corrected steps may be taken in the meanwhile. 3. Put up on18th April, 2024 as fresh." 4. On 18.04.2024, we passed further order as below: "1. Upon instructions received, learned counsel for the revenue has relied on the communication dated 10.08.2023 issued by the CCIT to the DCIT approving the extension of provisional attachment. 2. Prima facie, it does merit consideration, if the statutory safeguards under Section 281B of the Income Tax Act, 1961 have been violated by the revenue authorities. Further, it also merits consideration, if provisional attachment order can continue to exist in perpetuity inasmuch a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ntion is also invited to the Hon'ble High Court order dated 28.03.2024 in the above matter. 2 Considering the petition of the assessee dated 07.02.2024 and Hon'ble High Court Order dated 28.03.2024, I am directed to convey that the Ld. PCIT (Central) Kanpur has been pleased to revoke all the provisional attachments made under sec. 281B of the IT. Act, 1961 of the FDRS in the above mentioned case 3 In view of the above, I am therefore directed to request you to kindly take immediate necessary steps for releasing all the FD etc, under intimation to this office. An action taken report must be sent to this office positively within a week of receipt of the letter." 6. In view of the above, we find corrective action has been tak ..... X X X X Extracts X X X X X X X X Extracts X X X X
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