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Income Tax - Highlights / Catch Notes

Home Highlights March 2020 Year 2020 This

Attachment of bank accounts - Recovery of outstanding tax ...

March 20, 2020

Case Laws     Income Tax     HC

Attachment of bank accounts - Recovery of outstanding tax demands - Petition for stay of taxes - Applications under Section 154 are pending - recovery proceedings along with interest u/s.220(2) and penalty u/s.221 - The attachment will stand lifted forthwith. - AO directed to consider the stay application in view of DBDT guidelines - HC

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