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Income Tax - Highlights / Catch Notes

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The Delhi High Court issued a Restraint Order on a locker, which ...


Delhi HC directs bank to remove Restraint Order from locker after verifying Revocation Order as confirmed by IT Department.

Case Laws     Income Tax

May 25, 2024

The Delhi High Court issued a Restraint Order on a locker, which the bank objected to due to lack of the official Revocation Order from the Income Tax Department. The Court noted that the Revocation Order dated 17th October, 2012 was served on the bank manager, confirming its authenticity. As the Restraint Order on the locker was revoked by the Income Tax Department, the petitioners are directed to be granted access to their locker. The bank must remove the Restraint Order and allow the petitioners to access their lawful assets.

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