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2020 (10) TMI 193 - HC - Income TaxRecovery proceedings initiated by way attachment of bank account - HELD THAT:- The petitioner has rightly challenged the impugned orders of assessment by way of statutory appal before the CIT (Appeals) as early as in March, 2020. Inter alia, an application for stay as well as an application for rectification of mistakes u/s 154 are also stated to have been filed. All three are yet pending. Though several issues are raised in the grounds, the primary ground agitated is the violation of principles of natural justice. As the petitioner has availed statutory appellate remedy, we are not inclined to interfere in the order of assessment and all grounds and issues are left open to be agitated in appeal. Assessing Officer has, pending stay application before the Assessing Officer, not only attached the bank account but has also recovered some portion of the disputed demand. While the attachment of the bank account will continue, it is made clear that no further amount will be appropriated therefrom.
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