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2017 (10) TMI 1099 - DELHI HIGH COURTLifting of the attachment of one of the three bank accounts of the Petitioner that have been frozen to recover the disputed amount - Held that:- This Court is of the view that of the three bank accounts of the Petitioner that remain frozen, the Petitioner should be allowed to operate at least one. It is pointed out by Mr. Syali, the learned Senior Counsel appearing for the Petitioner, that the only account where the Petitioner has a cash credit facility is its Account No. 01812100000354 with Kotak Mahindra Bank Limited, Sector 18 Branch, Noida. It is accordingly directed that the Petitioner will be forthwith permitted to operate the Account No. 01812100000354 with Kotak Mahindra Bank Limited, Sector 18 Branch, Noida without prejudice to the rights and contentions of the Revenue and subject to further orders that may be passed in the present petition. The Assistant Commissioner of Income Tax, Central Circle (8) will forthwith issue written instructions to the Manager of Kotak Mahindra Bank Limited, Sector 18 Branch, Noida to permit the Petitioner to operate Account No. 01812100000354 .
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